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Tag: Interest rates

Property wealth = quality assets + debt + time

  Is having a colleague throw something at my head, with a question, advice? “Hey, wanna read this?” That’s sort of advice, isn’t it? Anyway, that something was a book, which sat untouched beside my bed for months. Eventually, on a day off, I read it. It was about property investment. It explained, simply, how […]

5 steps for Gen-X to retire well

The great thing about being a Generation Xer is that we’ve still got youth. At least in a relative sense. Sure, I’ve forgotten a few words to some Cold Chisel songs, but not because of dementia. I struggle to keep up with my kids sometimes, but I’m still arthritis-free. And I certainly cringe when I […]

Single scene all about planning

  Exhausting, depressing, scary and life-changing. The crashing end of a long-term relationship can be physically and mentally all-consuming. Contemplating life as a single, or setting off on the search for happiness again, can be daunting. For many, it will be a sliding door they didn’t want opened. Others will splash on some blue face […]

What are the best ways to cut down credit card debt?

      Best ways? Plural? Is there some suggestion that there’s more than one way? Because there isn’t. There is only one way to cut your nasty, insidious, credit card debt. Sorry guys, but it’s called “willpower”. You just need some to draw on. Credit cards, used incorrectly, are cancers on your finances. They […]

Insure and hope you don’t need it

Being diagnosed with a potentially deadly health condition in your 20s holds no positives. Not for the person whose lap it falls on. Not for their partner. Nor their children. Never. When the illness is a slow, progressive, and almost assured, death sentence, the younger the person, the more depressing the story. But sometimes, foresight […]

Want to save money? Act like a business and sell your kids

Big businesses constantly assess their balance sheets. They are always tinkering with what to keep on balance sheet. And what to bugger off it. Often, they will conclude to sell assets, such as property they own outright, and rent instead. Selling property frees up capital for business investment, and introduces a tax-deductible cost in rent. […]

Internet scams and fraud are rife. What can you do to protect yourself?

Oh, I yearn for the good old days, when robbers had to pickpocket you in the street, or sedate your dog before ransacking the home. They’re now so lazy, they pillage our finances from their own home – in Russia, Turkmenistan, or the Congo. So impersonal. I became a victim of internet credit card fraud […]

Helmets on property investors! Worse lies ahead.

Keep your helmets on, investors – this is probably only a short break in hostilities. We’re still under attack. And the battles, on several fronts, aren’t likely to be over for some time yet. With the stock-market shenanigans, which at the end of August looked like they would right themselves, but then resumed stupidity. The […]

What are some of the most important things you should know about your super?

Generation X is often accused of being fatalistic about superannuation. Many believe it will be hoovered up by government taxes, crash before they receive it, or taken by frauds. But they’re not acceptable excuses for taking a bad attitude to super. Most importantly, Xers need to understand that super is our money, we just can’t […]

Health insurance: why should you have it and what should you look for?

We’ve got it. We don’t use it much. And with respect, health insurers make their story a hard one to sell. The insurers’ premiums go up by multiples of inflation every year, approved by governments, who use penalties to try to force many to take it out. That is, we get shoehorned in by governments […]