David Rankin

Profile

David Rankin is a Financial Author and a former Bank Manager and Small Business Specialist with ANZ and Westpac. Ten years ago, he founded the multi-award-winning personal budgeting service Sort My Money.

His TV credits include Channel 7’s Sunrise, Channel 9’s Today and SBS World News, and his financial opinion is regularly sought by The Herald Sun, The Telegraph and The Courier Mail.

David works as a Money Coach to organisations, individuals and entrepreneurs. He says that if you have motivation and stickability, you can become highly financially literate - and that your newfound ‘money mindfulness’ will also benefit your relationships, your career and your physical and mental health.

Sort My Money’s unique ‘financial flight simulator’ takes you through your future milestones - such as buying your first home, starting a family, founding a business and travelling overseas - so that by the time you do them for real, the financial aspects of these events will be second nature.

David says that once you get used to being in control of your own life’s journey, you will never go back to the old financial you.

Expertise

Talking Points

Give yourself a $30k-a-year pay rise without needing a promotion

The cost-of-living crisis means pressure to increase earnings is greater than ever before. This, however, puts the solution to your problems in the hands of your boss.

What if you could achieve the same outcome right now under your own steam - by simply reorganising and systemising your outgoings?

Key Takeaways:
- Tame your day-to-day spending.
- Have your debts and debits running like clockwork.
- Get financial peace of mind.

Give your new business an unfair advantage

Small business registrations are at record highs, but 60% of these fail within three years and up to one third of entrepreneurs suffer mental ill-health.

This toll of personal suffering, social dislocation and economic loss is widely seen as inevitable, but nothing could be further from the truth.

By adopting just a few simple-but-effective habits from the outset, you will quickly chart a course to financial success.

Key Takeaways:
- Nail your ongoing tax obligations.
- Get your business and personal finances running like a well-oiled machine.
- Build cash reserves of financial security.

Your path to financial independence starts right here in high school

The global context of weak growth and surging inflation hits those who haven’t yet entered the labour market hardest.

If you are still at school, therefore, you could be facing uncertainty.

If, instead, you start putting some simple steps in place to adapt to these challenges, you will reap the financial rewards of these new habits many times over in the future.

Who this is for? High school students - Year 9 and above.

Key Takeaways:
- Understand how saving benefits your mental health as much as your wealth.
- Get clear about your goals.
- Become an effective money manager.