Compound interest – a quick guide
Compound interest – a quick guide

If you want to give someone a great insight into money, teach them about compound interest. Why? Compound interest is awesome! Compound interest occurs when: You have an investment that earns interest You add the interest…

Why do the rich get richer?
Why do the rich get richer?

We all know the adage: “You need to have money to make money.” Despite the rags-to-riches stories that dominate popular press and popular culture, having money is one of the surest ways to make more money….

6 ways companies eat your budget
6 ways companies eat your budget

Businesses make products and services that we want to use. In return, we pay to use those products and services. But businesses are always under financial pressure – for survival, growth or gluttony – and…

How are you using debt?
How are you using debt?

Debt is available, and it wants you. If you meet the criteria, you can get a home loan, credit card or personal loan. Need a new computer, fridge or car? Your friendly local car dealer can…

Never borrow to buy things that lose money
Never borrow to buy things that lose money

During my student days, I was working the register at a local bottle shop when a Random Man started talking money. He’d overhead some young gents discussing a new car they were going to buy….

“Get on the property ladder.” Will this story end?
“Get on the property ladder.” Will this story end?

My life has been dotted with constant reminders to ‘get on the property ladder’. Wise experts, conservative friends and family or committed peers all hint (or outright proclaim) that the property ladder is the way…

What is Financial Security?
What is Financial Security?

Financial security means many different things to many different people. Many of have a very beautiful and grand notion; relaxing back in our deck chairs with a cocktail and a limitless bucket of cash sitting beside…

The Best Investment is You
The Best Investment is You

Last year, I was researching and authoring a series of articles for Understand31. One consistent theme kept popping up, and that was to invest in yourself. Invest in your life experiences. Invest in your education. Invest in…

7 Lessons from Saving for Showbags
7 Lessons from Saving for Showbags

I’ll admit it. Showbags were my thing. We used to make a yearly trip to the Sydney Easter Show, and I’d spend weeks beforehand saving, planing and dreaming of the treasure and treats found within….