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Noel Whittaker on wealth creation, timeless wisdom and making money simple

Australian Finance Podcast

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The Richest Man in Babylon in 1926

I think the most important thing is spending less than you earn. Make a list of your essential expenses - rent or mortgage payments, skill fees, car payments, that sort of stuff. Then put $2,000 out of every pay in a separate bank account and that's all covered then. The hardest thing is starting. Most people intend to start and they never do. Debit card, and what have it? The credit card. When the credit card statement comes, everybody says the same thing. I didn't know it was going to be that big. But if you start investing, it will build up in the same way as a credit card. Always. If there's nothing left

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