Two years ago I wrote about relieving financial stress for Stress Down Day. Fellow financial educator Carl Richards of Behavior Gap just released a new diagram that summarises one key source well: One value of financial planning is in removing the uncertainty and replacing it with clarity of direction and the confidence to act. So … Continue reading The source of financial stress
For many people the word "budget" conjures feelings of restriction. (Just like the word "diet".) However a good budget should be the exact opposite. It should facilitate you having enough money for the things that really matter so you need not feel restricted. In this article I reveal a better budgeting technique using the model "Pay Yourself First (in practice)"
Eighteen months ago when I first wrote about fixing interest rates there had been just two RBA rate rises and fixed rates were much higher than the variable interest rates. It was also still early in the recovery and for many it may have been too early to call. So a decision not to fix … Continue reading Is now the time to fix interest rates?