The Hare discusses on Lawyers Weekly, the top 3 financial mistakes lawyers make:
- Doing nothing – The fear of making the wrong choice is real and most often presents itself as the statement ‘I just don’t know where to start’.
- The more you earn, the more you spend – Even when there are an extra four or five zeros at the end of the pay cheque there still seems to be nothing left at the end of the month.
- Not spending money on what’s really important – It’s really important to align an investment or cashflow strategy to a particular goal. These goals range from the mild, like buying a home, paying for private education for the kids and travelling the world to the unadulterated and wild.
Many lawyers don’t know where to start when it comes to managing their money. Some are waiting for a sign, others are looking for the perfect moment and many believe they’re too strapped for time to finesse finance as well as law. Whatever the poison, the outcome is the same.
Read more insights from our experts
Your Super: What the New $3 Million Tax Changes Mean for You
Will Albo’s proposed changes to super affect you? We’re breaking down the Government’s proposed superannuation changes so you can understand what’s actually happening, what...
Zac set a goal to save 100k before graduation
Here’s why he’s happy that he ‘failed’. In short: Zac’s goal to save $100,000 before graduation led him to create a “bucket” system for...
Get Hired in 2025: How to Stand Out and Land Your Dream Job
Upgrade Your Career and Earn More Money in 2025! In short: This guide breaks down the essential steps to get hired and boost your...
“I’m a Foster Mother to 8 Children”
In a nutshell: Nanay (mother) Butch is one of twelve foster mothers at SOS Children’s Village, Cebu. Together they provide loving homes to 116...
🍖 BBQ Bites: Tariffs
Tariff. A beautiful word. We’re 37 days into the new American administration and it’s been a doozy. The headlines are flowing so thick and...