Tag Archives: Wealth

Thanks Foxy!

Well, today’s the day that I received my final copy of my manuscript back from the publisher!  How cool is that??

I’ve cast my eye over the final copy, the book cover and we’re ready to hit the print button.  Can’t hardly wait!

I’ve had some amazing mentors through this writing journey with the fabulous Andrew Griffiths coaching along the way and Michael from Hanrahan Publishing providing guidance and accountability along the publishing path.

I’d also love to do a shoutout to Brad Fox for putting together the Foreword of my book Financial Secrets Revealed.  We first met ten years ago when Brad was starting out in advice and it’s been great to see his journey and transformation over those years.

As he points out, you won’t find any get-rich-quick schemes in the book, but it’s all about questioning your relationship with money which is something we all need to do – and preferably sooner rather than later.

As Brad says, ‘money is an enabler’ so what will you find to do with it?

Hopefully, I’ll be giving you the link to purchase in the very near future!

#FinCon17

So tomorrow I embark on adventure! (Ok, another one…)

A few years ago, I first heard about FinCon, a conference in the USA where money nerds,  and finance bloggers unite, and I figured I just had to be a part of that!… sometime.

I’m all about learning how to create more amazing content for my online platforms, and how to best promote this valuable information to reach my audience with marketing techniques, branding and networking.  I’d also love to pick up a few tips on pod-casting and interview some of the amazing people in my upcoming book Financial Secrets Revealed in a series.  There’s always so much to learn!

This year, the conference is being held in Dallas, Texas, meaning I’m taking one of the longest flights ever to get there!  A couple of years ago, this was a 17.5 hour flight and the longest flight on earth!  (Sydney – Dallas)  It’s now 15.5 hours long and has been pipped by an Auckland – Dubai trip, with more routes being offered that will beat that again in the coming year.

There’s a contingent of a few Aussies I know from the financial services profession, from advisers to product providers, who are also heading over and we’re sure to be picking up some amazing tips and sharing ideas amongst ourselves as well.  We might even fit in a a basketball game!  I hear the Philadelphia 76ers are playing the Dallas Mavericks while we’re there…

We’ve downloaded and signed up on the app, introduced ourselves and are ready to roll.  One more sleep and I’m off!

Now, I’m no stranger to long haul flights but would love to hear any tips you have for how you manage to stay sane onboard… and if there’s anything you’d love me to ask the amazing presenters and sharing crew at FinCon too.

BOOK CHAPTER TEASER! MEET AMY NEESON!

So my new book Financial Secrets Revealed covers off financial tips from Business Gurus and Financial Geniuses, and that may interest you… but what about the everyday battlers?  Those heroes who go about their lives trying to make ends meet and make a difference…

I’ve included the amazing story of Amy Neeson, who’s had more than her fair share of ‘tough luck’ thrown her way and ask how she handles her finances.  I’m talking family cases of open heart surgeries, hernia, melanoma, intellectual impairment, broken bones, flesh eating amoebas, heart disorders and more…  Seriously!

I delve into her (ok, our) family life growing up (she is my sister!) and how she’s handled financially all the massive hurdles thrown their way.

She also lets us know what advice she’d love to leave for her children to follow and the best financial tips she’s ever been given.

Financial Secrets Revealed is in it’s final stages of edit and will be ready to order in the near future.  I hope you’re excited to get your hot little hands on a copy when they’re available!  Not long now!

Book Chapter Teaser! Meet Jenny Brown!

Ever wondered what secrets an award winning financial adviser shares with her clients?

Meet Jenny Brown, an amazing adviser based in Victoria who features in Financial Secrets Revealed.

Jenny shares her story of growing up in a rural area in southern Australia and being taught that ‘money didn’t grow on apple trees’ seeing they were surrounded by orchards.  She shares how delayed gratification and working hard for what you wanted was just how things were done.

We follow her journey from advertising and into financial advice and the best advice she was given along the way from some of her mentors.

I love Jenny’s main advice tip to just ‘Get started.’  As we know, there’s never a perfect time.  Don’t worry about if it’s too late or too early, just begin your financial journey and don’t be afraid to ask for help along the way.

If you want to learn more about Jenny’s story, what she thinks about budgets and business plans, and her favourite form of investment, then get ready for Financial Secrets Revealed where you’ll learn so much more.

Stay tuned, book release date isn’t too far off now!

Book Chapter Teaser! Meet Emma Isaacs!

Just one of the amazing people I’ve interviewed for my new book, Financial Secrets Revealed is the lovely Emma Isaacs, mother extraordinaire and global CEO of the fabulous Business Chicks network.

Amazing Emma shares the stories from her early life that impacted her financial abilities and the role her grandfather played in her financial education.

Her entrepreneurial journey started very early and while her friends were out partying, she was the one working.

Emma discusses her personal financial setbacks candidly along with the best financial advice she’s ever been given and just how she and her husband tackle the family finances.  With five kids and a hectic travel schedule, you’d have to be on top of that!

With a lot of ugly stigma around money, being open and honest with each other works for the Isaacs.

I also love her top financial tip – “it doesn’t matter how much or how little you have, it’s about building a discipline and building your confidence around money and investing.”

If you’d love to learn more about Emma’s financial journey, her favourite form of investment and the advice she’d like her beautiful kids to learn about money, just stay tuned.

Financial Secrets Revealed will be able to be ordered in the coming weeks, and I can’t wait to share Emma’s story and so many more with you!

 

So, you’d like to be rich?

So, you’d like to be rich?

I hear you!  Like many, the lure of ‘enough’ in the bank is strong.  And ‘more than enough’ is even better!  That’s rich!!  But if you’re living in a developed nation, chances are you’re already wealthy.

Oxfam tells us that just 1% of the world’s population hold 48% of the worlds’ wealth!

But let’s get real, rich and wealthy certainly don’t mean the same thing.

Some might consider wealth as the amount of money you have in the bank, or your net worth when looking at the balance sheet.  But, others consider wealth in its many and varied ‘other forms.’

Do you have a roof over your head that you can afford?  Food available every time you open the pantry or fridge door?  Are you surrounded by happy, healthy loved ones?  Is affordable health care within reach?  Do you have enough, even too much ‘stuff?’  Are you able to afford transport costs, TV, a phone and wifi, along with little luxuries like movies, a night out or special entertainment treats now and then?

Some consider true wealth to be measured by what you have left if you lost your material possessions.  And it happens.  Australia especially is a nation dominated by extremes like floods, famines and fire.

Would you still have a loving family and fulfilling relationships if all else was lost?

From a very young age, marketers have bombarded us into thinking that we never have ‘enough.’  That last year’s fashions, bags, sunnies and possessions are so out of date and that we are continually told we need more… newer and better.  But as many find, striving constantly for the latest, and chasing labels is hardly the key to happiness.

Working out what makes us happy is a huge step forward in unlocking how we can discover wealth.

Do your children’s smiles light you up?  Do you have a hobby you find fulfilling?  Does your faith hold you steady when times are tough?  Is there one friend or partner you always enjoy spending time with that ‘fills your cup?’  Does holding a fulfilling job mean a lot to you?  Chances are when you work out what it is that truly makes you happy, you’ll find you’re pretty wealthy after all.

 

Diana Princess of Wales  “They say it is better to be poor and happy than rich and miserable, but how about a compromise like moderately rich and just moody?”

 

Managing a Financial Windfall

We’ve all got that dream – we’ll have that massive lotto win, Great-Aunty Betty will die and leave us everything… or even that a spectacular tax return or bonus will come our way.

Although they’re aren’t regular occurrences, financial windfalls can come our way now and then… so instead of blowing it all, what’s the bet way to take advantage of a bonus or extra dollars that come our way?

The temptation to splurge can often be overwhelming, but your future self is hardly likely to thank you for replenishing a wardrobe or buying more “stuff” that is likely to end up in a charity bag in a year or two.  So what are some eminently sensible and grown-up ways of making that money work harder?

Here’s a few ways to spend this money that will give you long-term benefits.

  • If you have debt, especially non-deductible debt like credit cards or personal loans, pay them down first, followed closely by long-term debt like your Mortgage
  • If you’re really not sure what to do and everyone is putting their two cents worth in and confusing you ever more, put it in a high interest savings account until you can do some research and be comfortable with your decision
  • Can you put a bit extra in your super?  Retirement might be a long way off, but that means you have the benefit of long term compounding interest in your favour
  • Is there enough for you to start investing?  It may be worth kicking off a portfolio of shares, property or managed funds if there’s enough.
  • Getting financial advice can be of great benefit.  Financial professionals often have access to funds and research that are unavailable to many and they can ensure that you invest in line with your risk profile, not putting ‘all your eggs in one basket.’
  • Have you put off personal protection strategies like income protection, trauma cover or health insurance?  It may be worth investing in looking after yourself
  • Have you considered taking time out and learning new skills?  Maybe it’s time to invest in yourself and do that course.  Who know’s a career change might be just what you need!

And if you’d really like to still blow just a little of it – set a limit – maybe 10 – 20% and knock yourself out.  Have that splurge, but be smart too.

Do something that your future self with thank you for.