Baby proofing your finances
What is the best way to provide your children with financial assistance?
Make your lifestyle goals part of your financial strategy
If you haven’t figured out your lifestyle goals for the future your financial strategy is like a journey without a destination. When you’re creating a financial plan, it’s tempting to focus purely on the money aspect – for example, how much your weekly budget is, or how much your investments are likely to grow. But…
Why do men and women invest differently?
While women play a confident and active role in everyday financial decisions, they are noticeably less involved in planning, acquiring and managing long-term investments than men, according to research commissioned by the Commonwealth Bank. The whitepaper, titled ‘Enabling change: A fresh perspective on women’s financial security’, found that even though women generally feel just as confident…
How to start a share portfolio?
So, you have decided you would like to build yourself an investment portfolio that includes some shares but what does that mean and where do you start? Investing in shares will make you part-owner of a business. Shares can be a sound long-term investment but are very risky to use in the hope of making…
5 Ways to Invest 10K
What are downsizer contributions?
Downsizer contributions are superannuation contributions which have been sourced from the sale proceeds of the current or former principal place of residence of a taxpayer (or their spouse). The Government is currently amending the tax and superannuation legislation to permit such contributions to be made. The policy justification for such contributions is to remove a…
Here Are 6 Strategies To Help Get Your Kids Into Their First Home
Rising property prices have made it harder for young people to get into the property market than it was for previous generations. Here’s how you can lend your kids a helping hand – without necessarily having to put up all the cash yourself. Recent statistics show that 43% of 20–24 year olds and 17% of…
Make the most of your retirement income
Adjusting to a reduced income in retirement can be challenging. But luckily there are a wide range of support options available, plus all sorts of discounts and benefits, to give Australian retirees a financial helping hand. Entering retirement means freedom from the pressures of work, but it can also mean getting used to a tighter…
Life is full of unforeseen circumstances which can affect your plans.
A sound financial plan will encompass both wealth creation and wealth protection. Insurance shifts the financial burden from you to the insurance provider who can afford to protect you because of the pooled premiums paid by their customers. Put simply, insurance is there to provide you with protection against the financial impact of an event…