Comfort with Money

The expression “betting on certainties” should never refer to horses, dogs, racing cars or bikes, and I prefer to interpret that expression to mean betting on the existence of the object of the bet. I don’t gamble but I once had a $100 bet with a mate that my golf partner would be the winner of the nearest the pin shot on two of the holes we had recently finished. One shot left him with a 3 inch putt and the other with a longer 12 inches. I had seen the shots, my mate had not

In the April issue of CPA Australia’s “In The Black” magazine there was an interesting article on tipping - something you have never done if you have never eaten in a restaurant, taken a taxi, or had your bags taken to a hotel room by a porter. The first time I visited the United States I was shocked to find bar staff who weren’t paid a wage at all – they lived on tips, but as a teenager I was equally shocked to hear the rumour that the doorman at one of Sydney’s leading hote

In Napoleon Hill’s classic book “Think and Grow Rich” he takes a well-structured swipe at insurance companies, particularly in relation to life insurance. While studying law 30 odd years ago I was amazed at how many insurance companies featured as defendants in breach of contract cases. Our own Banking Royal Commission understandably turned up a few bad eggs. I once encouraged a client to cancel his million dollar life policy because he had so much money that this payout woul