Blog
Financial thermostat
My friend and mentor Michael Yardney told me some years ago that the blunt truth is your bank balance is a way of keeping score.
And your bank balance doesnât lie.
Itâs written there in black and white at the end of each month for you.
Effectively your net worth and your ban...
Tax reforms afoot
A few thoughts for you today on what life might look like on the âother sideâ of the Coronavirus shutdown.
There are plans afoot for a staged transition from stamp duty to a broad-based land tax in New South Wales as part of wider tax reform package.
Ostensibly this move is to m...
I recorded a few thoughts while out on my morning run around Noosa this morning, which you can watch in the short video below.
Weâre now heading into Australiaâs first recession in three decades.
As is the case with every recession, this will be a period of some turmoil which will change attitudes...
The 4Fs revisited
Many of us are finding we must spend more time at home this year, for unforeseen reasons.
Itâs a great opportunity, therefore, to revisit our 4Fs model.
Our general belief is that you need each of the 4Fs to be in balance.
To recap, the 4Fs are: Fun, Fitness, Finance, and Filos...
Sucker punch
Thereâs an oft-cited Mike Tyson quote that says this:
âEveryone has a plan until they get punched in the mouthâ.
Or, at least, words to that effect.
And how true this is.
In business and in life, it very often pays to think calmly and rationally, so in turn if often helps if youâve...
The 4Fs: philosophy
Today, the fourth and final âFâ in our 4Fs frameworkâŚphilosophy!
Remember, our framework is about finding a healthy balance between these four different areas of your life:
I once heard the great Jim Rohn say that your personal philosophy effectively sets the sailâŚand how tr...
The 4Fs: finance
Today, a short look at the next part of out 4Fs model: finances.
As noted in previous posts, finance is important, because it helps to fund your lifestyle.
But we like to think of the 4Fs framework as a virtuous circle, with each of the component parts supporting the others.
The...
F for Fitness
We previously looked at the first part of our 4Fs framework here, where we discussed what you enjoying doing for fun.
Today, weâll look briefly at fitness.
Regular maintenance
Buffett once said that if you had to buy a car which would need to last you for life, youâd obviously sp...
