Getting Back on Track

Here we are half way through the year, with distant memories of summer, the start of the New Year and all those resolutions that were made. In the middle of winter, everything seems like a hard grind. In the darkness and cold it is easy to let go of promises made to get fit, lose […]

The Big Picture

The Big Picture There are three important components to a financial plan: an assessment of your current financial situation, a vision of what you want for the future, and a strategy for how to get from one to the other. The first part is easy, because it is simply a case of putting together a […]

Have Your Cake

Have Your Cake (and Eat it Too) When money is limited, we need to make choices. By spending money on something we want, we forego being able to spend the same money on something else. Wouldn’t it be great, though, to have your cake and eat it too! Believe it or not, there is a […]

Lessons from Failure

Lessons from Failure New Zealand’s failure to bring home the America’s Cup is truly disappointing and also a reminder of what it takes to succeed. Winning a yachting regatta has many parallels to achieving financial success. To begin with, you need to be absolutely determined and focussed on achieving your goals. Having set your goals, […]

Life is More than Money

Life is More than Money One of the best things about being on holiday is being able to take a few quiet moments to reflect on life and to appreciate being able to do things that bring pleasure rather than selling your time and skills for money. Where you spend your holiday and who you […]

The ‘As If’ Principle

The ‘As If’ Principle One of the most useful techniques for planning ahead with your money is what I call the ‘As If’ Principle. It is a really simple technique that clearly identifies in advance whether a specific goal is achievable, while at the same time, helping you achieve it! The time to use this […]

What is Your Why?

What is Your Why? Setting your financial goals is not a simply a process of deciding how much money you need. Examples of common financial goals are: To save $5,000 over the next year To save $500,000 for retirement To have a passive income of $50,000 a year Goals such as these are unlikely to […]

How to Set Goals and Achieve Them

Your Financial Goals There’s one significant difference between people who succeed in life and those who struggle; their ability to set goals and achieve them. To have what you want in life, you can’t just sit back and expect it to happen. Success means different things to different people and when it comes to setting […]

New Year’s Resolutions to Build Wealth in 2011

Five New Year’s Resolutions Regardless of whether your financial goal is to create enough wealth for financial security or a multi-million dollar empire, the starting point is the same. Fortunes are only made on a solid financial base and to build one means getting rid of some old money habits and developing some new ones. […]