Say What Wednesdays

What advice would you give your 21-year-old self?

Today’s question is from Declan, “What advice would you give your 21-year-old self?”

To my 21-year-old self I would have the following advice:

  1. Life is a series of challenges, the more you solve the better your life becomes.
  2. Always continue learning – I thought after Uni I was done studying, but realised that the more you know the more you can solve.
    The more you learn the more you earn – By investing time and money to pick up new skills, you become a more valuable member of your company or organisation.
  3. Value my time more – Think of time as a compounding factor, like an investment – The more you can do earlier, the more the effort will compound over time.
    Plus, opportunity cost now can be represented by putting a dollar value to each hour of your time.
  4. Failure only means there is something else needed – The only shame in failing is if you give up. Failure comes from defectum in Latin, which translated in another way is deficiency. The word failure just means that something else is needing to be done to achieve you goal.

B!tching about the budget: What does it mean to your back pocket, Santa Claus, wage growth and the cocaine economy

Furious Friday B!tching about the budget: What does it mean to your back pocket, Santa Claus, wage growth and the cocaine economy Welcome to ...Furious Friday! Today’s episode is a special edition covering off on B!tching about the budget Why are people complaining?...

Say What Wednesdays: Shorten Vs Morrison

Say What Wednesdays Shorten vs Morrison Government "Spending" Everything is portrayed as a ‘cost’, which is ironic. “Costs” from the Government’s perspective is simply NOT charging you tax. Not taking all income earned is a trillion-dollar cost to them.  ...

Say What Wednesdays: Housing market history and lowering property prices sustainably in the future

Say What Wednesdays Housing market history and lowering property prices sustainably in the future Welcome to Say What Wednesday! Today’s question is about Labor’s plans to help with housing affordability. To answer that properly, I will spend today going through some...

How to not get tricked by election promises!

Welcome to Finance and Fury, the Furious Friday edition This is a continuation from this week’s Say What Wednesday episode, in part one on Who to vote for? Check it out here. Part 1: Political culture Tribalism 3 main parties policies and promises Today: How to tell...

What would you do if you won the lotto?

Welcome to Finance and Fury Have you ever thought about What would you do if you won the lotto? What would you do with it? This depends on many things: the size, type of lifestyle, and how much you value money now. Today: Talk about how winners end up with no money...

Porsches, Paintings and Property Prices: Alternative investments and what they can mean for property and the economy

Episode 18 Porsches, Paintings and Property Prices: Alternative investments and what they can mean for property and the economy Alternative investments and what they can mean for property and the economy Classical Car Index The CommSec Luxury Vehicles Index lists the...

Furious Fridays: Busting the myth that our big 4 banks are “Too Big to Fail” (Part 1 of 2)

Furious Friday Busting the myth that our big 4 banks are "Too Big to Fail" (Part 1 of 2) Welcome to Finance and Fury, the Furious Friday edition! Today’s misunderstanding is about the “Too big to fail” myth. I want to tell you a story. It’s probably a relatively...

Say What Wednesday: The skinny on bonds and fixed interest

Welcome to Finance & Fury, the ‘Say What Wednesday’ edition. This week’s question comes from Gab; “Hi Louis, I was looking at different asset classes and how someone could get exposure to them (outside superannuation) and got stuck on "fixed income". If I...

Why work your whole life, just to have nothing left over at the end?

Episode 8 Why work your whole life, just to have nothing left over? Pay yourself first! Keep your own money – why work for others, then have nothing left to show for it? You earn more over your lifetime with this strategy – you save more and get rich right? Regular...

Are our Lithium companies at risk from South America?

Welcome to Finance and Fury, the Say What Wednesday Edition Today’s question from Zed “I recently noticed that Australia seems to be opening lots of lithium mines as the demand for Electric Vehicles rises and we turn away from oil. Is Australia at risk of their...

Pin It on Pinterest

Share This