I learned one of my most valuable pieces of financial advice from my year 12 economics teacher, Mr Cranston.
I was attending Sydney Tech High School when I was taking his class. (In fact, he had also taught my uncle there in the early 1980s.)
The advice he gave was to: ‘spend less than you earn, trust your instincts and remember that it takes time to achieve results’.
Well today I’m the branch principal at Yellow Brick Road Rockdale in the Southern region of Sydney, and the advice has stuck with me because of how useful it is.
It’s a principle I speak to each of my clients about and have already started sharing it with my kids.