What It Takes (An Attitude of Hard Work, Commitment and Purpose)

In 2002 Mark Bouris (founder of Wizard Home Loans, Australia) launched his first book, Wealth Wizard. The book covered the issue of personal debt: mortgages, credit cards, and loans. It showed normal Australians how borrowing could build wealth. Written by a person who made his own mistakes with borrowing as a younger man, the simple message of Wealth Wizard was that debt can be a tool rather than a burden. In the intervening five years many things have changed. People are more in debt than they were in 2002; credit card companies are in a price war, housing prices have fallen, and interest rates are going up. During this time, women have emerged as the fastest growing sector of mortgage-borrowers. And increasingly, friends, siblings, young people, and gay couples are combining to enter into the home-buying market using financial and legal arrangements not seen ten years ago. What's more, baby boomers – who are supposed to be in pre-retirement mode – have become one of the most aggressive groups of borrowers. Trends and societal shifts have made a rewritten, updated edition of the original book essential. Wealth Maker addresses all of the above and much, much more.