When it comes to predicting the future, it turns out that most of us are pretty bad at it. Not a surprise really, but here are a few facts we’ve collected over the year that will highlight just how far off our thinking can be…
Underestimating the likelihood of illness or injury
Posted by: Tatiana Coulter
Do you have any bad habits? Things you do all the time but wish you didn’t? What about something your partner does that really annoys you? We tend to view habits as negative – something to be broken – and along with that goes the guilt and frustration when we can’t quit our bad habits.
But what about good habits?
We recently got the whole Monarch team together for a professional development session and the topic was ‘Improvement as Habit’. As facilitator, ...
Continue Reading →Posted by: Tatiana Coulter
I know I’ve previously shared my thoughts on asking strangers to pay for your medical bills (see: Is crowdfunding your medical bills fair?), but a recent story has persuaded me to revisit the issue again. This article highlights just how much people underestimate the cost medical treatment in Australia, which is ultimately one of the main reasons that people turn to crowd-funding sites.
You might have heard about Milli, a 12 year old from Perth whose family was trying ...
Continue Reading →Posted by: Tatiana Coulter
I love travelling overseas! It’s awesome to be able to experience other cultures and see the way other people live. Take my recent trip to Japan and Korea. Aside from the fascinating history, incredible food and gorgeous scenery, I was really intrigued by the Japanese people. It never ceases to amaze me how different people can be, depending on where they grew up ...
“Life is what happens when you’re busy making other plans.”
You’ve probably heard this John Lennon quote before. But have you ever noticed how true it really is? You could have your ideal milestones all mapped out, from your first career steps to the age you think you’ll be ready to get married and have kids, right through to when you’d like ...
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I was chatting with a friend over dinner the other night and she was talking about how she had dropped back from full-time to part-time work so she could pursue her goal of opening an online kid’s clothing store. She is still bringing in an income (and hopes to eventually leave her part-time job and just work on the store), but ...
Posted by: Tatiana Coulter
As you would have seen in my end of year update, Monarch has expanded! I’m so excited to welcome Brett Puxty and Francis Coggan to the team, as well as announce that Aleksandra is stepping into an even bigger role. Why the expansion? It ultimately comes back to why I started Monarch Advisory Group in the very beginning, which was to ...
Have you ever stopped to think about just how stressful Christmas can be? In theory, it’s supposed to be the time of year when we’re all winding down, taking time-off, travelling and celebrating with friends and family.
But in reality, Christmas also brings a fair amount of stress. So instead of financial advice, I thought I might use this blog to share ...
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I saw an ad for insurance company NobleOak the other day which really made my blood boil. It’s the one where the guy says that with most life insurance you’re ‘being sold an illusion’. The ad claims that life insurance through NobleOak is 20% cheaper than if you buy through an adviser or direct with an insurer.
They highlight that they only offer ...
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If you’re working with a financial planner to help set up your life insurance, make sure they’re going to be there when they’re really needed – at claim time!
A referral partner recently asked me to help her client’s son who had sadly suffered a stroke. The son has insurance, so the client took on the job of lodging a claim on behalf of ...
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