The word “thrifty” is rarely thought of in a positive sense but that’s not fair because if we continually spend more than we earn, our debts will eventually catch up and other words such as “default” or “bankrupt” might become more familiar. Being thrifty doesn’t mean doing without – quite […]
Headlines are designed to grab the readers’ attention and sell news but often don’t accurately reflect the content of the article. Financial headlines can result in misinformation and investor panic. This article explains why it’s important to seek professional financial advice before hitting the panic button. I’m the first to […]
Picture this… when you were 21 years old your well-meaning but financially inept uncle put $1,000 into an ordinary bank account for you with instructions to leave it there and let the bank’s interest turn it into a fortune. You followed his directions only to discover 34 years later when […]
We all hope that bad things won’t happen to us, but what if they did? These people held the same belief until… Jordan started his own business servicing computers after working for a major IT company for many years. At age 38, he was enjoying the freedom and control […]
As a large majority of working and retired Australians already know, in late 2016 a raft of changes to the superannuation rules was legislated. Most come into effect from 1 July 2017. The greatest impact will be on high-income earners and individuals with large superannuation balances. If this is […]
Establishing an investment portfolio can be likened to building a home. The most destructive, yet unpredictable predator to the structure of a home is the weather. Even in these most technically advanced days, we are still unable to accurately predict the weather. And so too, a man is a fool […]
Superannuation is for the oldies, right? In some ways that’s true, but even in your twenties there are good reasons to take a bit more interest in your super. The average 25-year-old has around $10,000 in super, but the decisions you make now, even with relatively small sums of money, […]
A health crisis can occur at any time of life, but the risks obviously increase as we age. Unfortunately, due to this increased risk of illness or injury the cost of insurance for those over 50 can be high. As a result, people in this age group are tempted to […]