Why do so many Australians fail financially and end up living a low income lifestyle?

So, Let’s not beat around the bush here, let’s dig straight into WHY most Aussie Families Fail Financially?

The main reason this happens to Australian working families is because basic life skills and money skills are not taught in schools. Most people never the learn the basics around keeping money and growing their money.

Australian families get sold into the same old dream. Go to school, get an education, get a good job, work hard, get married, have kids, buy a house, have some superannuation and then retire at 67yo.

If that strategy is so good, then why do most working people fail financially?

I’m sure you would know people, maybe even people close to you like your Mum and Dad, or close relatives and friends who you have seen work their entire lives to retire on a lousy pension.

These people can’t turn a heater on when it’s cold as they can’t afford to pay their bills. They can’t go out for a decent meal or enjoy a decent holiday. That’s the reward after 45 years of hard work? C’mon, is that it? Somethings not working.

In Australia I think that’s a tragedy! Here is why it happens. They’ve been sold into the wrong plan…Buy a house and have some superannuation!

That's the plan most people follow.

I am here to tell you…. The Old “Rat Race” Model Doesn’t Work!

The current Coronavirus Stockmarket Crash brings this home!

Here are 4 Things You Can’t Control With Superannuation

1. Any Govt Changes to Superannuation & Super  Tax Laws

2. Local & World Events (9/11 Attacks, Conflict, GFC, 

 Market Panic & Crashes) etc.

3. The Global & Local Economies / Stock Markets

4. Companies in the Global & Local Stock Markets