Succeed With Money

Wealth is not a destination, it is a journey. If you want to become wealthy, Succeed With Money co-founder David Wrights' Money Hints and Tips are a great way to learn more about money and yourself, and how to grow into the wealthy person you would like to be.

In this podcast, David and Carolyn talk about their unique and proven system to gain control over your finances. Today they talk about why budgeting is the wrong approach to spending planning. They cover the problems involved and what you should be doing instead.

David and Carolyn continue their three-part series showing you their proven system to take control of your financial plans. This episode is aimed at people who have tried everything but still feel stuck financially, going nowhere. We’ll learn how to take more control and start growing your money.

If you can take control of your finances and money plans, you'll avoid a huge amount of stress and start living the lifestyle you want. In this episode of Succeed With Money, David and Carolyn share 8 steps everyone can take to gain more control over your money.

In this episode of the Succeed With Money podcast, David and Carolyn talk about three of the biggest money planning mistakes people make. They talk about how these common pitfalls can lead to you losing control of your finances, and some ways to anticipate and avoid them.

At the end of 2020 Carolyn and David put out the challenge to make 2021 the year that you start living life on your own terms. In this episode of the Succeed With Money podcast David and Carolyn interview Madison Pickering, a 19 year old who has just moved into her own home. She is definitely living life on her own terms compared with 99.999% of her peers! Listen in to find out how she achieved su...

In a normal year, I would be saying “Can you believe it, it’s December already” but this year is different! I think many people would be saying “Thank God, it’s December finally!” However, December marks the beginning of THE most treacherous 3 months of the year when it comes to money. It started with the Black Friday/Cyber Monday sales and then next, the School Holidays start. That continues on t...

In this week’s episode of the Succeed With Money podcast David and Carolyn return to focussing on adults, after looking at the topic of teaching Kids about Money during the last 5 episodes. This week they take the opportunity to ask the question: "How are we adults going at learning the lessons we want our kids to learn before they leave home?" Of the 10 lessons David and Carolyn identified that p...

At the end of last week’s episode of ‘Succeed With Money’ David and Carolyn presented two opposing principles for how to raise your kids. One was to give them everything they want, and the other was to give them nothing but to encourage them to work for the things that they want. In this week’s episode we look at the responses that came in from our listeners on these two ideas and discuss the pros...

As adults we learn pretty quickly that success with money is pretty important if you want to live a life that’s not full of hardship and stress. If you didn’t get a good financial education as a child you most likely got some painful and abrupt financial lessons when you arrived at adulthood and that experience may well be ongoing if you haven’t taken steps to educate yourself. It stands to reason...

In this episode of the Succeed With Money Podcast David and Carolyn discuss some of the typical money issues that come up when raising kids. This leads into a chat with another Mum about how she is going about educating her 4 boys about money. At the end of that conversation David offers a strategy she can use to teach her boys to become investors. This strategy can be used by any parent to accele...

In Part 1 of "Teaching Kids about Money", we opened a can of worms introducing the topic of teaching children about money. We’re not sure how big this is going to get but there is certainly a lot of interest in this topic. As parents we have a responsibility to give our kids a solid financial foundation for life. Neglect this and you’re setting your kids up for failure. In this podcast we intervie...

A recent report from the ABC stated that while each generation of Australians has enjoyed a better standard of living than the one that came before it, today's young Australians are in danger of falling behind. We all want to see our children have a great life and as parents we want to pass on the lessons we have learnt, so our children can avoid making the mistakes we made. Over the past 53 episo...

The Federal Treasurer brought down the budget last week and announced we would all be receiving personal tax cuts. Three days later this passed through parliament and it’s now law. We’re all going to be getting more in our take-home pay each week. So this episode of Succeed With Money looks at our options for what to do with this money…. which makes it an episode not to be missed!

Three and a half million Aussies have benefited greatly from Job Keeper payments over the last 6 months. These payments were designed to keep staff attached to employers while the business’s income was down due to Corona Virus. Now it’s early October, JobKeeper V1 has officially run out. However it has been extended for some people at a reduced rate. For others it has ended. There are many who wil...

When you were a teenager you were probably very excited at the prospect of getting started on your life journey, the way YOU want it to be. When you were in your 20’s you would have started that journey and maybe you recognised the need to get some qualifications or skills that would allow you to generate a decent income, but you were having fun doing life your way. By the time you're in your 30’s...

If you were a prime minister, a king or queen, or perhaps the president of an important country, you would have security staff whose entire time and energy would be dedicated to keeping you safe. To do that every journey you took, every speech you made and every meeting you had would be assessed for the possible risk of something bad happening to you. OK so you are actually not the prime minister...

Have you ever thought about where money comes from? Right now governments around the world are spending lots of it to keep their economies going. That's borrowed money that has to be paid back! But where does it actually come from and where does it go? If you think of each week's pay as seeds that could be spent and given to others, you realise some of them could be saved and planted to grow massi...

There are at least three basic human needs. Food, Shelter and Clothing and many would add Companionship to that list as well. Food is usually readily available and quite affordable. Clothing can be expensive if you let it, but there are certainly economical options available. Potential companionship is all around us and it is usually free, although it can come with some substantial non-financial c...

One of the basic needs all humans have is shelter. Owning your own home is the ultimate form of shelter so when I recently met Lindsey Galloway, who calls herself a 'New Property Concierge' I was interested to find out all about what that is, and how a New Property Concierge helps people to get into their first home faster. In today's podcast, David interviews Lindsey to find out all about what sh...

If money stress is painful, why do people go into debt? Is there something attractive about debt that lures us out of our safe place and into the perils of owing someone else money? Obviously there is or we would not go there! If I were to tell you that debt was only a problem if it was bad debt, would you start to wonder what planet I was from? How could debt possibly be good? Today in the Succee...

The family you are born into can give you an advantage or a disadvantage when it comes to your financial journey, but, when you boil it all down, we all have the opportunity and the responsibility to learn to manage money well and create wealth in our lifetime. If you do not make it your mission to learn financial principles, you will never be without money stress and you will very easily fall int...

You’re lying on your deathbed looking back at your life. Your fairy godmother appears and says “I’m going to let you go back and change what you spent your time on”. Would you get all excited and revel at the opportunity to make changes or would you say “Ah no, it’s OK. I’m really happy with how I spent my time! Thanks but no thanks”? I think most people would want to make changes! This week David...

Do you remember your early adult life? How exciting was it to finally have arrived at the doorstep of life on your terms? Do you remember some of your firsts? First date, first kiss, first car, first job??? What an exciting time it was! Of course, it wasn’t always perfect! Do you remember your first speeding ticket, your first bust-up with a girlfriend or boyfriend? It wasn’t all roses but it cert...

They say it takes all kinds of people to make up the world. If you look around in a busy city street you will realise just how true that is! Some years ago the speaker at a conference began by saying there are three kinds of people in the world: Those that make things happen; those that watch things happen; and those that just wonder what happened. While this may sound a bit humorous at first, it...