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Interview with an Investment Planner
::: Noel Whittaker
- Investment Planner & Author ::: Noel Whittaker is a well known
Australian money columnist, public speaker,
investment planner, and best selling personal
finance author. His popular "Making
Money Made Simple" book has transformed
the lives of thousands of Australians
and made learning about money interesting. See also :Noel
Whittaker Biography - Noel
Whittaker Quotes - Noel
Could you describe what you do for a living
and how you got to where you are now Noel?
I am enclosing a bio which might help (We
published a brief biography of Noel
2) How did you first get involved in personal
finance and making money?
Joined the bank in 1958, and it all happened
3) What has been your worst financial decision?
Going into partnership with a bankrupt to
develop a shopping center in 1986. We had
a million dollar debt, no money and no tenants,
and interest rates were 21% which meant
out debt was going up by $4,000 a week.
It cost me half my assets.
4) What has been your best financial decision?
Writing the book Making Money Made
Simple, starting my own business,
and buying a house on the river in Brisbane.
5) What are some of the most common financial
mistakes you see people making?
Not starting and not understanding how sums
invested and spent accumulate so fast.
6) I have a pile of bills and know very
little about money. What are some of the
first steps I should take to increase my
You should buy my book Making Money
Made Simple and also get stuck into
a budgeting program which is mentioned
in the book. You could also spend $49.95
buying my CD Rom which is available at www.noelwhittaker.com.au.
7) You have your own very successful financial
planning firm with Whittaker Macnaught.
What are the benefits of seeking financial
advice from a company like yours?
We have a staff of 70 including 20 highly
experienced and skilled Advisers. It is
just too hard to do on your own and also
people need a coach to give them a push,
otherwise they will never get around to
doing what they need to do.