Behind every successful man is his woman. Behind the fall of a successful man is usually another woman.
The concept of saving and investing is very weak in our modern society as most of us are ardent consumerists who are trained to spend from earliest childhood. The goal of this website is to promote financial literacy that would lead to greater financial understanding, confidence, motivation to save and invest.
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Government Spending Addicts

Government Spending Addicts

When you’re told you’ve got a spending problem, and you respond by spending more, it’s pretty serious.
The post Government Spending Addicts appeared first on The Daily Reckoning Australia.

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Nobody Likes a Stock Market Crash, but This is Why We Need One

After nearly seven years of central bank money printing and near-zero interest rates in the US and Europe, a stock market crash is not only likely…it’s necessary.
The post Nobody Likes a Stock Market Crash, but This is Why We Need One appeared first on The Daily Reckoning Australia.

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One Simple Way to Help Cut Stock Market Risk

Diversification helps you overcome the concentration of risk that comes with owning just a single or small group of stocks.
The post One Simple Way to Help Cut Stock Market Risk appeared first on The Daily Reckoning Australia.

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Draghi Pulls the Rug from Under Aussie Banks

So expect a bit of reality to come back into the Aussie banking sector today. And anyway, the last thing Australia needs is more cheap capital flowing in.
The post Draghi Pulls the Rug from Under Aussie Banks appeared first on The Daily Reckoning Australia.

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Don’t Put This Noose Around Your Neck

Thanks to the RBA’s accommodative interest rates ‘to support borrowing and spending’, Australians are slowly putting a noose around their necks.
The post Don’t Put This Noose Around Your Neck appeared first on The Daily Reckoning Australia.

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