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Category: Herald Sun

Age is no barrier to building wealth, but how do you work out the best investments for your age?

THPPPPT! Wealth? Are you serious? Gen Xers are supposed to do that … how? We’re getting married, saving deposits, replacing those savings with monster mortgages, preparing for and then raising midgets, often on one salary … Creating wealth is possible for my generation. Not. Actually, Gen Xers, they’re excuses. And they’re pathetic, like the recent […]

Online shopping is booming, but what are the risks of buying financial products online?

Little known fact: I was the first ever victim of internet credit card fraud in Australia! Okay, not the first. But it was last century, which made it pretty early in the history of cyber crime. And it scared me off online purchasing for years. It was 1998 and I’d never bought anything over the […]

Insurance: Most of us need some, but what and how much? Where do you start?

MOST of us need? Seriously. All Gen Xers need it! Like we need air. And Sunnyboy iceblocks on 40 deg day. Ask yourselves the following. Have you got a mortgage, kids, partner, debt or a job? Still breathing? The more of those you said “uh-huh” to, the more insurance you need. Unless you won lotto […]

What are the most important financial lessons you have learnt this year?

Little DebtBoy starts school next year. He’s more excited about it than Christmas. More than anything, I’m desperate for him to love learning. If I can instil in him a passion for knowledge, my most important job as a dad will be done. Constant learning deepens your understanding of everything – even outside the area […]

How do you plan to keep a lid on your Christmas and holiday spending this year?

By selling my children. And maybe also a kidney. That will both keep a lid on spending, and raise some bucks at this most expensive time of year. Sure, saying farewell will be sad. Maybe I can arrange visitation rights. Will the guy who buys my kidney want to catch up for coffee? Kids add […]

School’s almost out. What can your generation teach school leavers about money?

Demographer Bernard Salt says Generation X changed the concept of growing up. Xers believed age 18, even 21, was too early to become an adult. “Can we delay the whole responsibility thing for a while …” Maybe not as long as Charlie Sheen’s character in Two and a Half Men (and hey, with Charlie in […]