About 12 months ago I received a phone call from a distraught man whose superannuation was controlled totally by his adviser. He was referred to me by an existing client on the basis that if I couldn’t help him directly, I would know someone who could. He had so little information and so few […]
Superannuation is so much more than a low administration fee. We so often see TV ads for union-related superannuation funds, commonly known as industry funds, promoting low fees as if it is the only thing that matters. It is not surprising, because what you are hearing is a provider of superannuation talk about the product […]
I find that people with significant credit card debt generally don’t like budgeting. Most I meet as a financial adviser tell me that they are hopeless budgeters. What they really mean is – it wouldn’t tell them anything they didn’t already know deep down, and because they don’t know how to change, there seems no point as […]
I have finished my Christmas shopping without spending $1,000 or running up a credit card debt. This year, more than ever, I am looking forward to Christmas day because I have the following five gifts: I gave up on expensive gifts with no lasting value I have given over to my imagination and creativity I […]
In the words of Tennessee Williams, “You can be young without money, but you can’t be old without it”. Retirement is often referred to as the golden years, but for many a golden years retirement is a myth, and not just because of a lack of money. There are four (4) must-have requirements that must be […]
Children learn financial management from their parents. At a very early age, our kids become aware that money comes from a machine outside a bank (ATM) or a supermarket cash register (EFTPOS); and that flashing a thin sliver of plastic allows us to walk out of a shop with just about anything we want. So […]
HOW-TO WORKSHOPS Starting in Brisbane – February 2014 “Is a Self Managed Super Fund right for you?” Self Managed Superannuation is a hot topic at the moment. Many people are being talked into setting SMSF to own an investment house via slick property marketeering. This can be a huge mistake unless you know what you are doing. Merely […]
Self-managed super – is it right for you? The number of people establishing self-managed superannuation finds (SMSF) continues to increase. People are enticed by the prospect of having control over their own superannuation affairs. But in my experience, people don’t realize the full extent of what they are getting themselves into. Having control may be […]
9 myth-busters on personal insurance in Australia You hear it almost every night on TV. Buy insurance direct and avoid the unwanted medicals. Well here is the other side of the story – some business management tips, and tips for all individuals considering insurance. When you purchase personal risk insurance through a licensed adviser, you […]
9 Essentials to consider when managing start up business Offer something different Focus on the customer; the service; the satisfaction and the retention Prepare a written plan and road test it before you commit totally Ditch the 9-5 employee mindset and become the lateral thinking entrepreneur Recognize your strengths and ask for help where you know […]