The Importance of a Business Plan

The Importance of a Business Plan

In 1992 a British psychologist conducted a study on elderly patients in a Scottish hospital, all of whom were having hip or knee replacments.  Back then (not sure if it is different now), recovery from a hip replacement was painful and hard work.  The patients had to...
Why Dont You Have a Budget?

Why Dont You Have a Budget?

I was listening to a podcast today and the question was asked – “What are the things we claim we want to do but don’t actually do it?” I believe there are two main claims.  The first one is that people want to go to the gym more often.  The...
Tips and traps of credit

Tips and traps of credit

Starting out with a HECS debt is bad enough, but abusing a credit card can also mean trouble. Admittedly it’s tempting to spend with interest rates at current levels, but most credit cards still have double-digit rates.1 Of course a card is useful when you don’t have...