Remember your Bonus before 30 June

Quite a few of you were rather quick to take advantage of the pre-30 June discount, for the set of Workshop DVDs — which is great! But that means I now have only a certain number left.

The simple reason for the reminder is that 30 June falls on a Sunday this year. Therefore, that makes it a short final week for the month — and I just don’t want you to miss out.

Family Finances are being Stretched

With house prices solid or rising everywhere except in Sydney, household debt is now almost out of control.

In the late 1980s and early 1990s, you saw the highly-geared Business sector collapse as interest rates rose. But now, you’re finding it is households with the high levels of debt.

In 1990, households had (on average) borrowed only 65% of their disposable income. By 2005, that figure had rocketed to 155% of their annual disposable income. And today, it stands at nearly 170%.
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