Why More Founders Need a Personal Wealth Strategy
Kanebridge News
    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,753,972 (-0.73%)       Melbourne $1,062,314 (+0.41%)       Brisbane $1,175,991 (+1.10%)       Adelaide $993,595 (-1.57%)       Perth $1,025,778 (+0.53%)       Hobart $809,475 (+2.24%)       Darwin $841,727 (-2.01%)       Canberra $987,577 (+1.04%)       National $1,152,128 (-0.13%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $797,933 (-0.21%)       Melbourne $527,051 (-0.01%)       Brisbane $752,499 (+0.23%)       Adelaide $552,694 (-3.40%)       Perth $572,300 (-2.12%)       Hobart $536,914 (-0.12%)       Darwin $484,035 (+4.13%)       Canberra $487,742 (+1.66%)       National $610,081 (-0.27%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 11,765 (+531)       Melbourne 14,185 (+548)       Brisbane 7,279 (+100)       Adelaide 2,372 (+146)       Perth 5,324 (+46)       Hobart 850 (+5)       Darwin 146 (-3)       Canberra 1,031 (+78)       National 42,952 (+1,451)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 9,316 (+179)       Melbourne 6,990 (+3)       Brisbane 1,321 (-6)       Adelaide 365 (+19)       Perth 1,159 (+6)       Hobart 169 (+7)       Darwin 239 (-2)       Canberra 1,148 (+16)       National 20,707 (+222)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $800 ($0)       Melbourne $580 ($0)       Brisbane $670 ($0)       Adelaide $620 (-$10)       Perth $700 ($0)       Hobart $615 (+$15)       Darwin $780 (+$5)       Canberra $695 (-$5)       National $690 (+$1)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $750 ($0)       Melbourne $590 (-$5)       Brisbane $658 (-$3)       Adelaide $540 (-$5)       Perth $650 ($0)       Hobart $480 (+$8)       Darwin $600 ($0)       Canberra $575 (+$5)       National $615 (-$)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 5,429 (+47)       Melbourne 7,717 (+7)       Brisbane 4,044 (+45)       Adelaide 1,536 (+16)       Perth 2,457 (+53)       Hobart 171 (0)       Darwin 83 (+2)       Canberra 417 (-3)       National 21,854 (+167)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 7,712 (+98)       Melbourne 6,032 (+56)       Brisbane 2,076 (+55)       Adelaide 428 (+21)       Perth 754 (0)       Hobart 73 (+7)       Darwin 160 (+7)       Canberra 654 (-15)       National 17,889 (+229)                HOUSE ANNUAL GROSS YIELDS AND TREND       Sydney 2.37% (↑)        Melbourne 2.84% (↓)       Brisbane 2.96% (↓)       Adelaide 3.24% (↓)       Perth 3.55% (↓)     Hobart 3.95% (↑)      Darwin 4.82% (↑)        Canberra 3.66% (↓)     National 3.12% (↑)             UNIT ANNUAL GROSS YIELDS AND TREND       Sydney 4.89% (↑)        Melbourne 5.82% (↓)       Brisbane 4.54% (↓)     Adelaide 5.08% (↑)      Perth 5.91% (↑)      Hobart 4.65% (↑)        Darwin 6.45% (↓)       Canberra 6.13% (↓)     National 5.24% (↑)             HOUSE RENTAL VACANCY RATES AND TREND       Sydney 2.0% (↑)      Melbourne 1.9% (↑)      Brisbane 1.4% (↑)      Adelaide 1.3% (↑)      Perth 1.2% (↑)      Hobart 1.0% (↑)      Darwin 1.6% (↑)      Canberra 2.7% (↑)      National 1.7% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 2.4% (↑)      Melbourne 3.8% (↑)      Brisbane 2.0% (↑)      Adelaide 1.1% (↑)      Perth 0.9% (↑)      Hobart 1.4% (↑)      Darwin 2.8% (↑)      Canberra 2.9% (↑)      National 2.2% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND       Sydney 27.4 (↑)      Melbourne 27.6 (↑)      Brisbane 28.7 (↑)      Adelaide 25.1 (↑)        Perth 33.7 (↓)       Hobart 26.2 (↓)       Darwin 25.3 (↓)       Canberra 25.6 (↓)       National 27.5 (↓)            AVERAGE DAYS TO SELL UNITS AND TREND       Sydney 27.2 (↑)      Melbourne 28.1 (↑)        Brisbane 26.2 (↓)       Adelaide 23.2 (↓)     Perth 35.1 (↑)        Hobart 23.8 (↓)     Darwin 33.4 (↑)        Canberra 36.1 (↓)     National 29.1 (↑)            
Share Button

Why More Founders Need a Personal Wealth Strategy

Rebecca Klodinsky built two wildly successful brands from scratch. Now she’s urging fellow founders to take their personal wealth as seriously as their business growth.

By Rebecca Klodinsky
Tue, May 27, 2025 10:56amGrey Clock 3 min

When I launched my first business in my twenties, I thought success meant sales, scale, and building a brand with cut-through. And to some extent, it did.

But it took me a little longer to realise that real success — the kind that sustains you beyond your startup — also means financial independence. Not just revenue. Not just growth. But wealth.

We don’t talk about this enough. Founders are often so focused on cash flow, growth targets and reinvesting in the business that they neglect their own financial future.

And for women in particular, that can be a costly blind spot — especially in a climate like this.

Right now, the cost of living is at record highs. Inflation is steadily eroding savings. And Australian women are still retiring with, on average, 25% less superannuation than men. Financial literacy is no longer a nice-to-have — it’s a survival skill.

And founders, of all people, should be thinking about how they’re building wealth personally — not just professionally.

When I started my first business, I was a young solo mum navigating life without a blueprint — financially or otherwise. I didn’t grow up talking about money. I didn’t have a financial adviser on speed dial.

But I taught myself. I bought property. I built multiple income streams. I started investing. And I did it all while bootstrapping.

What I learned is this: you don’t need to be a finance expert to build wealth. But you do need to get intentional about it. Because if your personal finances aren’t growing with your business, you’re more exposed than you think.

Here are three things I’ve learned that I now believe every founder should factor into their strategy:

Wealth is the long game, and revenue isn’t enough

There’s a big difference between making money and building wealth. Your business might generate strong revenue, but if you’re not pulling money out, protecting it, and putting it to work, you’re still operating from a place of risk. I learned to treat my personal finances like a second business — with goals, structure, and long-term thinking. That shift was a turning point.

Diversification applies to life, not just portfolios

As founders, we know the risk of relying on a single product or market. The same logic applies to your personal income. One revenue stream — even a thriving one — is still one point of failure. I started looking for ways to build parallel income early: investing in markets, creating digital assets, and adding secondary product lines. That strategy gave me freedom, not just extra income.

Financial literacy makes you a better founder

The more confident I became with money — understanding debt, interest, returns, tax — the sharper my decision-making got. It wasn’t about becoming an expert.

It was about building fluency. Knowing my numbers gave me leverage — in negotiations, in team conversations, and in moments of pressure. It made me more resilient and more resourceful.

We often hear about “closing the gap” in funding, leadership, and opportunity. But there’s another gap we rarely acknowledge: the financial confidence gap.

And it starts with founders — especially women — being willing to prioritise their own wealth as part of their growth story.

You don’t need to have it all figured out. But you do need to start. Because the goal isn’t just to build a successful business — it’s to build a life that gives you freedom, security, and options long after the business has scaled.

Rebecca Klodinsky is the founder of IIXIIST and co-founder of The Prestwick Place, two multi-million dollar brands built without investors or retail stores. Known for her sharp digital strategy and sustainable, direct-to-consumer approach, she continues to rewrite the rules of modern luxury



MOST POPULAR

Records keep falling in 2025 as harbourfront, beachfront and blue-chip estates crowd the top of the market.

A divide has opened in the tech job market between those with artificial-intelligence skills and everyone else.

Related Stories
Money
Dow Industrials Hit Record, Boosted by Strong Earnings
By JACK PITCHER 22/10/2025
Money
Gold Could Hit $5,000, Strategist Says. Why Others Are Worried About a Crash.
By MARTIN BACCARDAX 14/10/2025
Money
In a Sea of Tech Talent, Companies Can’t Find the Workers They Want
By CALLUM BORCHERS 02/10/2025
Dow Industrials Hit Record, Boosted by Strong Earnings

Coca-Cola, 3M lead blue-chip index higher after reporting results.

By JACK PITCHER
Wed, Oct 22, 2025 2 min

Strong earnings reports briefly helped power the Dow Jones Industrial Average above 47000 for the first time, the latest milestone in stocks’ three-year bull run. The blue-chip average pared gains to close below the mark, but still finished at a record.

With sky-high earnings expectations baked into stock prices, Wall Street has been watching this third-quarter reporting period closely. So far, Corporate America has delivered.

Heavyweights Coca-Cola , 3M and General Motors all reported results that exceeded analyst expectations before the opening bell on Tuesday. 3M shares rose 7.7% to a four-year high, leading the Dow.

GM soared 15% to the highest level since its 2010 post-bailout initial public offering after Chief Executive Mary Barra raised guidance and told analysts the automaker can’t make enough full-size SUVs to keep up with demand.

GM said it is making faster-than-expected progress reducing a multibillion-dollar tariff bill—a key topic for investors who are still laser-focused on trade tensions between the U.S. and China.

A solid start to third-quarter earnings has helped buoy investor sentiment, taking stocks back toward record highs after concerns over trade and credit quality bubbled up earlier this month.

As of last Friday, 86% of companies overshot earnings estimates, according to FactSet. Nearly one-fifth of S&P 500 companies are scheduled to give financial updates over the course of this week.

The S&P 500 was little changed Tuesday, while the Nasdaq composite dropped 0.2%. The Dow rose 0.5% to a record closing level of 46924.74. Treasury yields slipped, with the benchmark 10-year yield closing at 3.962%, its lowest reading since October 2024.

“This is a market being driven by strong fundamentals,” said Scott Helfstein , head of investment strategy at asset manager Global X. “Earnings growth is largely driving equity values.”

Elsewhere Tuesday, it was a historically ugly day for precious metals after an epic run-up switched abruptly into reverse. Gold tumbled 5.7%, its worst single-day decline since 2013. Silver fell 7.2%.

Some analysts tied the selloff in safe-haven assets like gold to optimism that the U.S. will reach a new trade deal with China, after the U.S. and Australia signed a rare-earths trade agreement on Monday. The drop followed a remarkable run of gains : Gold remains up 55% on the year and only fell to its lowest level since Oct. 10.

In company news, Warner Bros. Discovery said it is exploring a potential sale of some or all of its media holdings, which include a movie studio, HBO Max and CNN. Its shares rose 11% on the news, which could reshape the entertainment industry.

MOST POPULAR

Records keep falling in 2025 as harbourfront, beachfront and blue-chip estates crowd the top of the market.

A bold new era for Australian luxury: MAISON de SABRÉ launches The Palais, a flagship handbag eight years in the making.

Related Stories
Money
Populist Right-Wing Parties Lead Polls in Europe’s Biggest Economies
By DAVID LUHNOW, BERTRAND BENOIT & NOEMIE BISSERBE 01/09/2025
Property
MELBOURNE HOUSING POISED FOR CYCLICAL RECOVERY IN 2025–26
By Staff Writer 30/09/2025
Property
Monark Property Partners Powering Growth For East Coast Developers
By Jeni O'Dowd 27/08/2025
0
    Your Cart
    Your cart is emptyReturn to Shop