Comfort with Money

by Rodney Gibson Financial Advisor

I am a sole practitioner with 40 years experience in finance, taxation, law, business and accounting. I am currently associated with SALA Financial Services. I provide the following:

  • Estate Planning, including wills and powers of attorney (EPOAs)

  • Estate Management

  • Taxation advice

  • Investment advice, including superannuation

  • Business structure advice


My aim is to assist you to live within your means and achieve all your financial goals.

Our Recent Posts



Made Round To Go Round

The above definition of money I learned before I had turned 10, and I heard it as the response from someone who was criticised for spending money on something of which the critic did not approve. Recent government moves to get the economy back to “normal” (whatever that is) have demonstrated in spades that the printing presses that have been converting their air into money are operating in the expectation (?wish) of the Government that the recipients of this largesse will go out and spend the money so it can circulate. The chain of money flowing through our economy is like petrol in our cars, with the exception that once petrol has been converted into energy it has been spent and can’t be u


Politicians love the idea of a balanced budget, but anyone who has studied basic book keeping will recognise that the balance sheet is made up of debits and credits. The primary role of a good bookkeeper is to ensure that debits equal credits – that’s why it’s called a balance sheet. At University in the 1950’s I was taught about balance sheets reporting the difference between what you own and what you owe. “Nett wealth” is the difference and if assets minus liabilities gives you a negative result you will need to do something about it so that you can sleep at night. In political terms a “balanced budget” has come to mean a situation where income received by the Government is sufficient to

What is Money?

We all come into this world knowing nothing about anything. Even the well educated, cultured, widely travelled, communicative and long living members of our society will go out of this world knowing nothing about a great deal, some of which could even be quite basic to our society. Bearing in mind that money was created in the first instance as a means of exchange, it developed throughout history as something of universal value even when it might never be exchanged for anything. Those financial “personalities” who make assumptions about everyone else’s dedication to the pursuit of wealth for its own sake might agree, on occasion, with the view that “money isn’t everything”. However it is abs

COVID-19 Aftermath

The virus pandemic that has hit the world in recent months has hopefully obliged all thinking members of the public to examine their basic values – of patience, of acceptance, of determination, of consideration and putting a brake on selfishness. There hasn’t been much to laugh about during the period when our whole world has been turned upside-down. The fact that Boris Johnson, Tom Hanks and Brazilian president Jair Bolsonaro all became sick, along with millions of other sufferers throughout the world would surely have made most thinking members of society abandon any “us and them” thoughts of superiority. It’s hard to imagine a situation where someone could legitimately claim that the pand

Budget Anyone?

Around this time each year the newspapers fill columns speculating about what politicians throughout the country – state and federal – are going to include in their annual budget in the way of handouts. There is very little that any of us can do to have a significant influence on what the State, Federal and even Local Government treasurers will do with the money that they will extract from us by way of taxes and other money raising means. What we can have a significant influence on is what we can plan to do with our own income and expenditure (BOTH of them). Predictable income should be the starting point of all budgets – government, corporate and DOMESTIC. Apart from a Federal Government,