One of the most destructive wealth behaviours is the need to own the biggest, best, latest, shiniest - house, car, toys...stuff. Appearing wealthy to everyone around you is not the same as being wealthy. Not everything is as it seems. Total wealth ≠ net wealth. Craving the status of wealth and caring what others think … Continue reading This Behaviour Could Be Blocking Your Path to Wealth
What can we learn about real wealth from some of the best minds in history.
In markets, bad news can lead from worry to fear to panic. How can we deal with this to avoid money mistakes?
Since having kids, I've found it hard to imagine the future. When they were babies, it was difficult to imagine what it would be like with toddlers. Once they became toddlers, I had trouble picturing them as "tweens". And now, as a father of two teenage daughters, adulthood seems a long way off. We get … Continue reading FutureYou Thinks You Should be Saving More
Would you rather listen to The Wiggles - "Big Red Car" on repeat for 4 hours, than sit down and put a family budget together? I've never been a fan of doing a budget, especially in an OLD school excel spreadsheet. What I do like though, is keeping track of my personal spending (you can … Continue reading Forget Budgeting, Make a Game Out of Your Money
When I was 19 I moved out of home for the first time (I did boomerang a couple of times). I was working full time but as an undergraduate accountant at a Big Four firm I was just scraping by. Most of my friends and I lived pretty much the same way: When you got … Continue reading What Money Habit Did Eating 2 Minute Noodles Teach You?