Adapt or get left behind: A wealth wake-up call for Australian families

Family wealth building depends on how well your family adapts to the times. There are times to invest, and times to protect. And there are times to do both. We are in such times.

Here’s the truth

If your family isn’t actively learning about AI tools like ChatGPT or digital assets like Bitcoin, you’re not just “missing out” on this once-in-a-liftime opportunity - you’re sabotaging your own future wealth, and the financial legacy for your family.

The world is moving forward, with or without you being comfortable about it. In this era of great technological change, the only thing standing between your family and life-changing wealth is your willingness to get uncomfortable, confront what you don't yet understand, and then take decisive action.

I often hear versions of the following when speaking with my clients about technology like AI and digital-gold like Bitcoin:

• It’s too complex, I don't understand it

• We’re too old for this AI stuff

• We’ll wait until it’s safer

Stop hiding behind similar excuses - they're only a justification for doing nothing. The cost of inaction is not just lost opportunity - it will only hold your wealth-building back, and it will likely erode much of what your family has already built.​

Here’s what you must do in this new era:

Learn together as a family

Make digital education a non-negotiable for your family. If you can’t talk about money and tech openly, you’re not ready for generational wealth building.

For the past three years, I’ve made it a priority to learn about Bitcoin and use AI tools to help my family plan and grow. I share what I discover and stay open to learning from my family too. Most weekends, my son and have Beer & Bitcoin sessions - and it's been amazing. We have this time to connect together, enjoy a beer and learn about all things Bitcoin from our favourite Youtube channels. We find we that these sessions spark real conversations throughout the week and help us all understand the world of digital assets on a deeper level.

Consume real news

Follow trustworthy sources for finance, tech, and global insights - ditch the mainstream noise. Curate your own news feed focused on topics that match your family vibe and will help to build your future and your family’s wealth. Seek out independent experts, deep-dive podcasts, and global thinkers who challenge the status quo. If you’re not actively choosing what you learn, you’re letting others decide what you know - and that’s how you fall behind.

Actively seek out professional guidance

As a financial professional, I know a bit, but not enough about everything I need to. I've had to stop pretending I can “figure it out myself". So, I actively seek out my own mentors and I use other professional advisers to help me do the things I just can't do myself. They help me where I don't have the knowledge or skills - which frees me up to focus on what only I can do best.

The bottom line

This is a time of incredible opportunity. Today, families must do two things exceptionally well - you must actively build and fiercely protect your wealth. Families who stay curious, learn together, and take action can create and preserve prosperity for generations. You don’t need to be perfect - just willing to adapt and grow. Start now - every step you take now strengthens your family’s legacy and future. The choice is yours, and right now you have the advantage of being in the right place and the right time in this converging era of tech and finance. Embrace the change and move forward with confidence.

More soon.