Kids and money

It’s Time For Some Tough Love

I get a lot of questions from grandparents wanting to know how to set their grandkids up. Here’s how not to do it. The Trust Fund Disaster Hi Scott, Our son died in 2006 leaving behind a one-year-old son and...

Money and relationships

If you earn over $30k you need to read this

It hit me this week. After spending the last 18 months planning, designing, and building, we’ve finally settled into our ‘dream home’. And let me tell you it feels…‘okay’. I mean it’s a nice house, but it’s not like I...

A Letter to My Second-Born

You’re seven hours old. As I sit here beside your crib, typing ever-so-quietly, sneaking a look every so often at your squished-up face (hey, it’s been a rough day), I can’t get over that you’re just so … new. Baby,...

Money and relationships

Homeless. In a Mercedes.

Kate stood in her local Coles, staring blankly at a freshly roasted chicken. She was starving. Hadn’t eaten all day. As her stomach rumbled, she grabbed the chook. Kate had never stolen anything in her life. She paced the aisles,...

Money and relationships

What I Learned From Being A Dad

My wife has spent the past few weeks being poked, prodded and prepped as she gets ready to give birth to what looks like a bowling ball. What did the doctor tell me to do? Don’t forget to keep the...

Family and legacy

Cheaters Anonymous

Mothers. Fathers. Husbands. Wives. Every one of them betrayed. Yes, as we’ve learned this week, 37 million members of the world’s second largest dating website, Ashley Madison (catch-cry “Life is short. Have an Affair”), have had their personal details hacked....

Money and relationships

My Year of Spending Dangerously

Last year our family home burned to the ground, with everything still inside it. This week, after 488 (often sleepless) nights, we are finally back on the farm. In fact I’m typing this from my brand-spanking new deck, overlooking the dam. It’s our slice of heaven — but we had to go through hell to get it. So let me tell you about those 488 days, and the things we learned along the way….

Family and legacy

The 10 Million Dollar Question:Kidults and Money

I must have sat through hundreds of investment lectures in my lifetime - but there’s only one that literally made my jaw drop. Let me tell you about it. It happened a few weeks ago in Omaha, at a talk that featured Warren Buffett’s only daughter, Susie, answering questions from the audience. A young Asian kid put up his hand and asked, “What would you do if your father had given you $10 million on your eighteenth birthday?”

Money and relationships

Switch Off.

Tuesday, 5pm, bath time. I’m going toe to toe with my toddler Louie, and losing. Badly. “Oh come on! You brush your teeth for your mother every single night! If she comes in here and finds you haven’t done your teeth, we’re both in trouble.” But it was no use. The more I pleaded, the tighter he gritted his teeth. I knew what he wanted.

Family and legacy

The financial advice I give AFL footballers (and why most of them hate it)

Given it’s the business end of the footy season, today I’m going to walk you through the financial advice I give to AFL players. It’s a little different from what they normally get. After all, experience has taught me that there’s no point in kissing their Sherrins -- god knows they have enough people doing that already.