It’s 2019 (Financially)

Yet again, time has ticked over and here in Australia it is now the start of the new 2019 financial year.

So where are you?

I have spoken to some of my friends on colleagues who talk about “getting ahead”, “putting some money away” or “trying to get some leverage”. A recent post on LinkedIn talked about property prices in Sydney 20 years ago and the majority of the commenters were along the lines of “If only I knew”, “I wish I had a time machine” or “I shouldn’t have sold when I moved”.

I love the Chinese saying, “The best time to plant a tree is 20 years ago, the second best time is today.”

Whether that is an actual tree, a money tree or a family tree, the saying is true. The image above is where my gorgeous wife and I will be planting approximately 60 fruit trees. You can see the divots (and if you squint you may be able to see the pink X’s) where we are getting the local bloke with a digger to dig the holes for the trees.

We will be planting another 20 or so Golden Ash at another place on the farm and, all going to plan, next year we will be putting in quite a few slow growing trees like Oak and Maple as well as another 20 Claret Ash.

To be quite blunt, we will be dead before some of these trees reach their maturity and magnificence. The fruit trees alone will take five years to get to a stage they will bear fruit. I suspect some trees may die as we fine tune irrigation, try and keep the kangaroos and other animals at bay.

But the second best time to plant is today.

Will you be in the same financial position this time next financial year?
What will you do to “Plant your tree”?
What financial plans do you have to put in place?
Who do you need to speak to to get the facts and make it happen?

Let 2019 be the year that you trees and financial future flourish.

Let me know if I can help at all.