My Child Wants $150,000. What Should I Do?
How times have changed. I grew up in an environment where there was not much money around. You did whatever you could to get along. And that meant parents did not protect us in bubble wrap. When I was a young lad, getting children into a car was easy. You just kept loading them in […]
Where is the Happiness?
We all are looking for the same thing. For some people it might be money. For others it may be being content. But it all boils down to this. We all want to be happy or feel happiness. We all know miserable people. And we pray that we never become like them. But even they […]
Help – I Can’t Work!
I often ask medical clients of mine what would happen if they cannot work. And often, I am told they do not worry about it too much. They have adequate income protection, trauma and PI cover. In the event something goes wrong, they should be OK. And in truth, that is probably not a wrong […]
The Truth Will Set You Free
I had an enlightening conversation with a young doctor client recently. Well, I think he is young, but he may say otherwise. Anyway, he was locked into the typical doctor conundrum. Long working hours, a fair amount of travel to get to and back from work but earning a fantastic income. I had always known […]
We Don’t Need it! Are you Sure…….
I am going to start off today’s article with a question. What is it that Richard Branson (Virgin), Steve Jobs (Apple), Mark Zuckerberg (Facebook), Bill Gates (Microsoft) have in common? Not sure? Ok, lets add on a few more. How about Tony Robbins (empowered 50 million people worldwide), Warren Buffet (investor with net worth 121Bn), […]
Pay $5,000 or Chance $80,000 – Your Choice!
What if you were given a choice? You could pay a legal lawyer $5,000 now or you could decide to wait and pay them $80,000 in two years’ time? It does not sound like a great deal if you were to wait 2 years. And to be honest, it’s not. But you will be surprised […]
Are Prenups Worth It?
Ask a lawyer, and they will say – it depends. And because I am not a lawyer, you are probably asking why an accountant is writing about this. It’s because these deal with financial matters and that means accountants get involved if needed. And often we accountants get told about a divorce before the other […]
It’s All F****d Up!
Last week my blog said I had no more to add to the payroll tax debate because you probably had enough. Well, I lied because apparently, Queensland Government had other ideas. They threw a spanner in the works last Thursday. They did two things: 1. Extended the deadline for the Amnesty for the second […]
Human Error – Is AI the Answer?
Human error drives me nuts. It should not happen. But it happens all the time. When it upsets customers, it becomes a big problem. Now I know I always tell you that my business runs like a well-oiled lean machine. And it does most of the time. But there is no business on the planet […]
Should I Apply for the Amnesty?
I get it. You are now bored to death about payroll taxes. You are probably prepared to stick a fork in my eye. But I am prepared to take that risk on the off chance that what I say will make a difference. So here goes. Qld & SA Government have issued an amnesty so […]