How people end up in financial distress and don't see it coming! Part 1
Written by: Gary Wilde
20 October 2010
 Right now in South Africa, 20% of economically active people are in financial distress, which is a marginal improvement on the 25% of working individuals that struggled to make ends meet in 2008.
It may come as a surprise to discover that this high ratio of people in financial distress is not limited to those in the lower income brackets, but is prevalent throughout every income level. For the other 80% that are not at risk of immediate foreclosure or liquidation, it's concerning to note that 98% are dependent on receiving this month's salary or active earnings to keep their creditors at bay.
So why is it that the overwhelming majority of people find themselves in or very close to financial distress? Why is this true for people at every income level...
Read the full article here...
How people end up in financial distress and don't see it coming! Part 2
Written by: Gary Wilde
18 November 2010
In Part 1 of this article I highlighted that as many as 98% of economically active people are no more than 30 days away from financial difficulty at any given time and that it is their chosen spending habits that place them at such perilous financial risk. Why then, is it that such a large percentage of the population, across all income brackets, chooses to perpetuate this tenuous position, when there is a compelling alternative to living on the edge of financial disaster?
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How people end up in financial distress and don't see it coming! Part 3
Written by: Gary Wilde
20 January 2011
If you are currently dependent on your primary source of income and access to short term credit facilities to pay your bills and maintain your lifestyle each month, the chance of you experiencing some form of financial distress at some point in your life is a virtual certainty! It may happen next month, next year or in the next 10 years... but the odds of you avoiding it are strongly stacked against you unless you make some fundamental changes to your patterns of thinking and behaviour when it comes to money..
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Why the vast majority of high-income earners are in fact middle-class, NOT wealthy?
Written by: Gary Wilde
21 September 2010
Many of the clients I coach or consult to are high income earners by today's standards, clocking up high six-figure and even seven-figure incomes in a year. The majority of them live in expensive homes located in upmarket suburbs; they drive expensive cars, wear expensive clothes, enjoy luxury holidays regularly and generally live a decadent lifestyle. To the average man on the street, these high income earners are perceived to be wealthy... and few would argue the point.
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How I went from debt ridden to debt free in less than two years.
Written by: Gary Wilde
30 August 2010
I enjoyed a very successful career as a turnaround specialist and behavioural adaptation strategist and until 2005 I was ‘living the life’; with a huge house on a game farm, driving a sexy sports car and surrounded by all the modern day luxuries of life. I felt secure and optimistic about my future... but all this changed in a moment, when a business partner reneged on an agreement that was worth a small fortune. It was a possibility I had never considered.
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The first and most critical step to successfully creating wealth.
Written by: Gary Wilde
26 July 2010
The first and most important step to successfully creating wealth is the first and most critical step in the process of achieving ANY goal in your life... You have to know EXACTLY what you are aiming to achieve!
Now this might sound like a no-brainer, but before you skip to the next thing on your to-do list, read the paragraphs to follow as they may hold one of the most important keys to your future success, financially or in any other area of your life...
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What makes the Wealth Apprentice™ Master Class so different?
Written by: Gary Wilde
14 July 2010
It’s a human phenomenon that what we passionately aim for we tend to achieve! Every small accomplishment or major achievement in our lives is evidence that we each possess this ability... from becoming a wizard at board games or being able to make people laugh, to capturing the heart of someone we fancy or getting a promotion... the list is endless. However, given this ability to achieve what we aim for, and given that the vast majority of people want to be wealthy, why is it that only a fraction of the population will ever attain it?
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