At all times, not just in this current period of uncertainty, we want to be in control of our money, and to know how to grow it. In 10 Key Steps to Wealth, Australia's best-known financial adviser, Paul Clitheroe, explains the ways we can do it, by using his ten simple, commonsense steps to financial security and wealth. Proven to produce results, Paul's ten steps are straight-forward and realistic, and have the benefit of allowing you to enjoy the life you want to lead as you go forward to wealth.
Paul Clitheroe is a founding director of leading financial planning firm ipac, and has been involved in the investment industry since he graduated from the University of New South Wales in the late 1970s. He has completed the two-year postgraduate course offered by the Securities Institute and is a Fellow of that professional body. He was a board member of the Financial Planning Association of Australia between 1992 and 1994; in 1993 he was elected the Vice President and in 1994, the President. From 1993 to 2002 Paul hosted the popular Channel 9 program Money. Since 1999 he has been the chairman and chief commentator of Money magazine. He writes personal finance columns for metropolitan, suburban and regional newspapers across Australia and presents Talking Money on radio nationally. Paul has been a media commentator and conference speaker for more than 30 years, and is regarded as one of Australia's leading experts in the field of personal investment strategies and advice.
In 2003, the federal government appointed Paul Chairman of the Financial Literacy Taskforce. That body has since evolved into the Australian Government Financial Literacy Board, and Paul continues as Chairman. In 2008, Paul was appointed a Member of the Order of Australia (AM) for service to the community and the financial sector through the promotion of financial literacy.
Paul, a keen sailor and golfer, lives in Sydney with his wife and three children. ~ from Penguin Australia
Even though this book was written over 20 years ago, he offers timeless advice. Know what you want and where you are going. Then take the steps to get there.
1. Have a financial plan 2. Budget and take control of your money 3. Save little, save often 4. Avoid punting and silly risks 5. Don’t save cash 6. Plan to own your home debt free 7. Invest in Superannuation 8. Minimise tax 9. Protect your assets 10. Take advice 11. Live the life you want to lead