We all have weaknesses. Mine is skirts – coloured skirts, to be exact! Some of the skirts I own I haven’t even worn yet!

This festive season, I have made a commitment to not go shopping for clothes. And to wear all my coloured skirts!

Why? Well, since writing Money Intelligence®, I have focused on what’s truly important to me. And it’s not the skirts! I did a stock take of everything I own and concluded that I have too much “stuff”. The most important thing to me in the second half of my life (I am over 40 now but not yet 50!) is to make a difference.

I have another 30 good years (God willing, of course!) to make this world better before I leave it. Some of you know how passionate I am about social justice, the environment and human rights. I have many interesting conversations with my awesome clients in my meeting room!

I am passionate about making a difference in Australia. It pains me to see so much of this country’s potential being stripped away because we are a nation of Consumerholics.

Consumerism is now so ingrained that credit cards have become our cash accounts. The maxed-out mortgage is another “account” we use to maintain our materialist lifestyles, forcing us to work in family-unfriendly jobs for 30 years or more.

I have had thousands of money conversations with people from all walks of life during the past 21 years. The one thing they all say is: “I need to pay off my big mortgage.”

But what worries me more than paying off the big mortgage is this:

How will you live in retirement? 

Would you be able to live on the pension? If you are accustomed to a middle-class lifestyle with an annual household income of $150K to $250K, could you survive on $22,804.60 per single or $34,382.40 per couple?

And that’s assuming the pension will still be available in 15 to 20 years’ time.

You cannot rely on the pension in retirement. You need to plan. The first step is to ask yourself: What is truly important to you? Is it spending your income on “stuff” – fine clothes, brand names, expensive dinners? Or is it nurturing relationships and investing your time in family and friends? Is it saving and investing your money wisely so you can retire in comfort?

You CAN plan for a prosperous retirement. Stay tuned for next week’s newsletter for my tips on how you can retire and thrive!

Download the first three chapters here: http://www.moneyintelligence.com.au/free-stuff/

Want 2017 to be your year of financial success?

Get a head start on your plan for a strong financial future and download my FREE 32-page e-book, 8 Ways to Outsmart the Banks, these Christmas holidays. This inspiring e-book is jam-packed with simple, actionable steps that will create real change in your life. Best of all, it is FREE. Download your copy here. If you are having trouble downloading the Ebook, email Janette at reception@winnerpartnership.com

Download the first three chapters here: http://www.moneyintelligence.com.au/free-stuff/

Susan’s upcoming event on Money Intelligence – How to Take Control of Your money is on 7th December 2016 at The Grace Hotel. Here is the link to register:https://www.eventbrite.com.au/e/money-intelligence-workshop-learn-how-to-take-control-of-your-money-tickets-29570137076

_____________________________________________________________Susan Wahhab —CPA, SMSF Specialist, Entrepreneur, Working Mum, Small Business Supporter— is Australia’s leading Financial Strategist and Money Mentor. Susan is the founder and managing director of Accounting and Financial Services firm Winner Partnership Pty Ltd www.winnerpartnership.com  

Susan is the author of the transformational and practical book Money Intelligence®. Susan is passionate about helping people achieve financial liberation. At the age of six, she witnessed how her money-savvy mum (whom she calls the money manager) joined forces with her dad (whom she refers to as the money maker) to save the family business from bankruptcy and become financially free. Susan truly believes that people can become financially liberated by developing a healthy relationship with money. Learn more about being money intelligent www.moneyintelligence.com.au