Previous Q&As

Should I Buy Medibank Shares?

Hi Scott, I have $6,500 in savings and $7,100 on two credit cards (which I’m paying off at $700 a fortnight). I also have $2,700 in household repairs to make. Is the chance to buy Medibank shares (my first shares ever) a good enough reason to use $2,000 of savings...

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We Don’t Know Who To Trust

Hi Scott, My husband is 66 and I just turned 58. We have two investment properties as well as our primary residence. We have just refinanced them all for a third time, after our business went bust. We owe $200k on our home, which is worth about $430k, while our...

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Big Win on the Cup

Hi Scott, I’m in my 30s, with no debt and no assets (except for my 10-year-old Nissan). I earn $70k before tax, and have $1,000 in my Mojo account. But guess what: I won $1,000 today on the Cup with a $3 once-in-a year bet. Do I put it all...

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Wealthy Wisdom

Hi Barefoot, I have the same life goal as you — freedom. But at 40 I still haven’t worked it out like you have. I’ve worked really, really hard and am still here … with a mortgage, and throwing money away on ideas and courses ($25k to a US group...

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27-Year-Old Lands a $160,000 a Year Job

Hi Barefoot, I just landed a FIFO (Fly In Fly Out) job earning about $160k, with possible 18 months of work. I’m 27 with about $10k in a savings account, no debt, and no assets (apart from a s**tbox car) — and I’ve never earned this kind of money. My...

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