Why Nothing and No One is Safe

2020 has been a challenging year to say the least, and above all there have been a number of realities that have been exposed, as well as the hard lessons to go with them.

Earlier in the year when whole states, and countries of the world initiated lockdowns and people went into isolation, very few people foresaw the shockwave that would circle the globe, and how the impact reached every single person.

Whether we call the COVID-19 Pandemic a black swan event or not, it exposed how fragile individual lives and livings are, and just how vulnerable we are. It proved that nothing and no one was safe.

Continue reading

How you’re worth $1 Million per year

Step 1: Get over self-doubt

You only need to look at anyone who provides a service to understand that information and skills are valuable. And as long as you’ve ever been paid for any work done, then you qualify as a provider of a service.

So how valuable is your service? More appropriately how valuable is the skill behind a service?

Continue reading

How Low interest rates impact your future

The RBA Cash Rate

On the first Tuesday of every month the Reserve Bank of Australia (RBA) announces the official cash interest rate. With the current Cash rate at 1.00% and the economy failing to gain strength the, today the RBA dropped the Cash rate to 0.75%

The question is why?

The main purpose of a rate drop is to stimulate the economy. The logic is relatively simple. Low rates on loans mean lower repayments and hence more incentive and serviceability to borrow money now.

Continue reading

Which Financial Strategy is best for you?

When it comes to gaining your financial independence, every educator swears by their own systems, but is one truly better than the other?

Like many topics this does not have a quick answer, but the right one is the one that not only works for you, but most importantly the strategy that you can support, not only today but also into the future.

So here we’re going to look at 5 strategic options that you have and what they can give you.

Continue reading

How superannuation won’t help you retire early

Do you want to retire early?

Who doesn’t?  Besides you should. But if you really want to become financially independent before ‘retirement’ then there are some things you absolutely need to know about your superannuation fund and how it isn’t going to help you get there.

Continue reading