As I have mentioned in previous blog posts, we categorise personal wealth in the accumulation phase of life into three 'Wells'.
- Well 1 refers to Liquid funds (<12 months)
- Well 2 is our Living, lifestyle, and leisure (2 to 5 years).
And lastly is Well 3 which is what I speak...
To continue our conversation on the three Wells, today I get into further detail on Well 2.
Well 2 is the Living, lifestyle, and leisure well. (2 to 5 years)
It is a second well of money which can also be actively managed to cover upcoming living expenses, holidays and...
There’s no one size fits all when it comes to choosing how to live your life.
And the same applies to designing a career or business, and where and how you are going to live.
What’s right for one person may not be right for another. Today, a short discussion on some of the ways in...
Well, hasn’t 2020 been a challenging year?
I had a lofty new year’s resolution of learning Italian and travelling to Italy, so you can imagine how well that went (or, more accurately, did not go).
I haven’t been to the office for months, which has saved plenty of...
Catch me on Australia’s premier business and economics podcast The BIP Show tomorrow where we’ll be discussing Aussie property in an extended longform podcast.
I explain a little more about what we’ll cover in the short video here
Your time is precious!
Time is a finite resource, and therefore arguably our most valuable commodity.
We can always get more money, but we can never get more time…so it’s vitally important to make the most of it!
Don’t waste your precious time on low-yielding tasks or...
Work smarter, not harder
I’m grateful that my parents strongly encouraged me to pay attention and work hard at school (which I did…at least some of the time!).
It gave me the gift of education – which stays with you for life – and later opened up career...
Formulating a life plan
We’ve all heard the concept of spending less then we earn, and then investing for ‘the future’.
But then, for many, it can become a case of…”well, now what?”.
And, to be blunt, for many (if not most) people, the tomorrow that they had...