There are so many people retiring early and living the life of their dreams at the same time there are so many people struggling to save enough for retirement. How can this be? How can we have so many people struggling, yet so many succeeding?
Are you too busy being busy?
Everyone is so busy these days. I have to book weeks in advance to catch up with friends and family. We say things like “I have so much on at the moment”, or “things are just crazy.”
There is nothing wrong with being busy if what you are busy adds value to your life. Such as starting a business or being prime minister. It is when we are busy just for the […..]
The best investment in the world
Take responsibility of your life
How to delay gratification
So often self-control is seen as a negative act. Where we are depriving ourselves of something fun or something so good, but oh so bad for us. We are taught from an early age we can’t have ‘bad’ foods all the time, even though we want them. As adults, the list of things that are supposedly ‘bad’ for us grows exponentially. Ironically, these are also the things that […..]
The benefit of leaving your comfort zone
Balancing your short and long term needs
Choice as
With so many options we can’t always make the best choice. It would require far too much time and effort deliberating even the smallest decisions and then when we make the wrong decision we will beat ourselves up over it. Once we have finished giving ourselves the uppercut then next time we may be too scared to even make a decision at all in fear of getting the bash again [……]
When things don't go to plan
The noise of capital gains
have seen people in various online forums, and some of my clients have recently asked, about the impact of capital gains on their investments.
“How will my Kiwisaver be taxed”?
“How much will my rental property be taxed”?
“Will my business be affected”?
Plans change
Don't lose your why
We can't all beat the odds - Watch out for overconfidence
We all like to thing we are the king/queen of the basketball court, the best lover and the smartest financial guru. No? Just me? Awkward
We can’t all be in the top 20%. There always has to be a top, a middle, and a bottom. Our chance of winning first division lotto is 1 in 5 million, yet much more than […..]
Get off the hedonic treadmill
Desperate or inspired?
To change our path in life we are said to be either inspired or desperate. As a volunteer budget adviser in the community I see a lot of desperate people wanting to change their lives so money no longer controls them. They are desperate to get out of debt and desperate to free the mind from money worries. Over time it becomes such a heavy burden to carry that we […..]
Why is saving money so hard?
Decision making part 2: Why we make decisions
Decision making part 1: How we make decisions
It seems nowadays we are inundated with options. Hundreds of TV channels, online clothing stores and many investment options. Even once we have finally chosen on a mortgage provider for example, then we have another set of decisions. Do we fix? Do we float? Both? Revolving credit? Interest only? Decisions within the decision if you will. This may seem like a good thing on the surface. More options mean more competition for our attention, which should result in a greater quality of product or service at a lower price.
However, the end result can make us tired of thinking and analysing, and potentially making a sub par decision. Or no decision at all
