What to do if you aren’t a financially compatible couple? According to the Australian Bureau of Statistics (ABS), in 2023 there were 118,439 marriages. Sadly in the same year there were 48,700 divorces, with financial issues cited as one of the major reasons for marriage breakdown. For couples deciding to
Investing for income Share markets are renowned for taking unexpected downturns and while history shows that markets eventually recover, this rebound in value can occasionally take time. Investors concerned about this risk might consider a stronger focus on income-generating investments. These can range from those that have no potential to
How to start investing with just $500 When you have a spare $500 and are wondering whether to spend it or save it, why not consider a third option? Invest it. Make a commitment to your financial future, instead of wasting it on purchases that will deliver only temporary pleasure.
Super contributions explained . . . easily The superannuation rules have become simpler and more generous over the years, but understanding what they mean for you can still seem confusing. Here is a simple explanation of super contributions. Just refer to the table below for specific details and read further
Is your financial strategy still working for you? Is your financial strategy still working for you? A financial strategy isn’t something you should set and forget. Life moves, circumstances change, the economy shifts, and what once worked may not be as effective as it used to be. As a new
Your super: A scammer’s new target In a recent media release, the Australian Securities and Investments Commission (ASIC) warned about a new scam doing the rounds. Scammers attempt, through cold calls to superannuation savers, to extract personal and super fund details by offering incentives in the form of gift cards,
Is your financial strategy still working for you? Is your financial strategy still working for you? A financial strategy isn’t something you should set and forget. Life moves, circumstances change, the economy shifts, and what once worked may not be as effective as it used to be. As a new
Don’t Fear a Recession When the media starts reporting higher interest rates and spiralling price rises, their next story will almost certainly scream the impending doom of a possible economic recession. But what exactly is a recession and is it all bad news for local share market investors? Most commentators
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!