How much do you know about credit? According to Finder.com, there are currently more than 13 million credit cards in Australia with an average balance of around $3,000. In a population of just over 26 million, chances are, you have at least one credit card – 68% of us do! […]
The Secret to Building Wealth Most people are familiar with the idea of working hard for their money. But financially smart people have a different and more strategic mindset. They make their money work hard for them. You too can use any surplus from your employment income to create passive […]
Define and accelerate your wealth What does financial success mean to you? Is it tied to achieving lifestyle goals like caravaning around Australia or pursuing a hobby? Perhaps you have a more traditional view of wealth; a paid-off home, a prestige car, money in the bank. Achieving financial success requires […]
Planning for the inevitable Dying is not something we like to think about but a bit of pre-planning can save a lot of heartache for those we leave behind. Here are three important areas to consider with examples and possible solutions. Allocation of your super In most super funds, the […]
Strategies to Avoid Lifestyle Inflation If you’ve had a few pay rises in recent years, you may have unintentionally succumbed to lifestyle inflation. Also known as lifestyle creep, it’s a mindset that can affect anyone who suddenly has more money in their pocket and, as a result, feels able to […]
Making the most of a market downturn In recent years, market volatility has once again tested the nerves of investors. From the post-COVID recovery to ongoing geopolitical tensions, persistent inflation, and rising interest rates, many are questioning how best to position their investments for the future. For retirees, the challenge […]
Is FORO ruining your retirement? FORO – the fear of running out. I’d never heard the expression until I met Mark and Susan. Of course I’d heard of FOMO, the fear of missing out, but never FORO. As the newly-retired couple sat across from me, explaining how they were so […]
What does a recession mean for me? A recession is more than just a buzzword that gets thrown around by the media. A recession represents a significant decline in economic activity that can span months, even years. Think of it as the winter of the economic cycle – cold, challenging, […]
The impact of natural disasters on property values and insurance Australia’s vast expanses and varied climates make us prone to natural disasters. In recent years alone, we’ve experienced the devastating impacts of bushfires in the southern parts of the country, flooding along the Eastern Coast, as well as significant storm […]
10 Common Financial Myths BUSTED! Navigating the world of personal finance can be challenging, especially with the myriad of myths that can cloud your judgment. From misconceptions about debt to misunderstandings about investing and retirement planning, these myths can lead to poor financial decisions and missed opportunities. So, we thought […]