Investing in Gold is Bonkers Isn’t It?
So, you want to work less, earn more and build awesome wealth. If you can do that, you will be more fulfilled, never have to worry about money and spend more time with the ones you love. So, is investing in Gold, the way forward? When I was at university (which was a very long […]
Sorry to Bring it Up….. But Prepare to Die!
I am going to apologise in advance. None of us want to talk about death. But you must. As a nation, we are not good at talking about death, and as a result, we are under-prepared. It is estimated that 60% of adult Australians do not have a will. And I have heard all the […]
You want Success, To Work Less and Be Happy. Fantasy Or Achievable?
We are programmed from a young age. Actually, it is probably from the moment we learn to smile or roll over as a baby. And that is to work hard. Rolling over as a baby once is not good enough. Parents want their baby to roll continuously once they know the roll is possible. Parents, […]
$20,000 Gone in Seconds
Can you imagine losing $20,000 in seconds? This happens a lot. We have clients who have lost thousands. Some are in the tens of thousands. And because many medical professionals are busy it happens to them a lot more than they admit. And before you snigger and think they were stupid or silly, let me […]
Employees Right to Disconnect!
If you would like to listen to this blog post in audio format, please click here. I am all for employee rights as long as they make sense. But there is a fine balance between what is right and what oversteps the mark. I have never understood the pay awards system in Australia. But I […]
Time – Going, Going…. Gone!
If you would like to listen to this blog post in audio format, please click here. As you know, I speak about having more time. I like the fact that I can work 3 to 4 days a week and still manage to do all the things that I do. But I do know this. Time […]
The ATO Aren’t Stupid…. So Don’t be Stupid Either
If you would like to listen to this blog post in audio format, please click here. When it comes to the ATO, people think they can get away with it. Over the years, I think I have pretty much heard almost every conceivable trick to try to get a tax deduction from medical professionals. I […]
Director Loans …..A Timebomb!
If you would like to listen to this blog post in audio format, please click here. I hate it when my medical clients take loans from their medical company to be given to a director. They are, in technical terms, called Div 7A loans. It is likely you have been told to use a bucket […]
Forget Loud Budgeting …. It Won’t Last
If you would like to listen to this blog post in audio format, please click here. Have you heard of loud budgeting? It’s something that the TikTok generation has picked up. And like every young generation, they think they are geniuses without realising that what they think is mind-blowingly brilliant has been going on for […]
It’s Outdated! Why You Need Formal Contracts
We accountants have been talking about this for eons. So have legal people. But then again, legal people get aroused whenever it comes to small print. But this time, the ATO is getting a bit excited. And that is usually a worry. It has to do with several legal cases, which, to be honest, I […]