Damned If You Do….. And Damned If You Don’t.
When it comes to arguments between my wife and I, I never win. Obviously. It reminds me of the Serenity Prayer. This basically states I should accept the things I cannot change. And one thing I cannot change is winning when it comes to arguing and my wife. I don’t know how she does it. […]
Our Kids Need Money and……… Memories
Over the last year I have had numerous meetings with clients who have children and want to ensure their children have a firm foundation from which to build wealth. This does make me happy. That is because all the talks and blog posts are slowly getting though. This week I had another such meeting. One […]
Are You Keeping Your Business Afloat? You’re Not the Only One
Business is always deemed as being hard. I have never seen it that way. Challenging? Yes. Hard? No. How we perceive something determines how we react to it. If we think business is hard it becomes hard. If we look at it as challenging, then we believe we can overcome it and win – and […]
All We Want Is Financial Peace
A lot of clients are speaking to us about financial stress. And you do not need to be living in a cave to know things are a bit uncertain. I once read that financial stress can wipe off several IQ points. So not only can you be poorer but you could end up being dumber […]
A Financial Plan is a Minefield…..It shouldn’t be
I never know what to make of surveys. I always get the feeling the ones conducting the surveys are a bit biased. Think about it. When was the last time a survey came out which showed that the company that organised the survey was useless, not required or irrelevant. Turkeys never vote for Christmas so […]
What’s Better – Cashflow or profit?
Accountants love profits. Business owners love cash accounting or what I call bank balance accounting. That’s because accountants can confuse their clients and use complex words. It makes them sound sophisticated and educated. Special even. But to their client’s bank (cash) balance accounting makes more sense and you understand it. Profit is theory. You can’t […]
Don’t Trust Your Superfund!
I am sure once certain Superfunds read what I have to say to you today there will be deep in the bowels of their organisation a hit man who will be ordered to remove my kidneys and place my head on Brisbane’s Story Bridge as a warning to others. But I don’t care. Because I […]
What is the Biggest Business Killer? It is the ATO!
As you know I talk a lot about how to manage money. I also talk about how I manage my own and my business money. But business money management is an art. Even magic. To some it is like Harry Potter’s wand. To some the magic never works (Ron Weasley) and to others they are […]
Superannuation – Is It Just a Tax Grab?
Yep. It is. Its bloody Stupid too. Yeah, I know I shouldn’t say so but I will because that is what it is. But I have a real problem with Superannuation. It is a great tax vehicle. Any plan that allows 0% tax rates must never been scoffed at. But boy is it annoying. Frustrating […]
No Nonsense Budget Summary For Business Owners
I hate budget night. Unlike other accountants and tax nerds who love live and breathe taxes I have no real interest in the country’s GPD rate. Or the tax take or if I will be $5.25 better off a week. How do they work that out anyway and do I really care about $5.25 a […]
