Not Ready to Retire? This Might be Another Option
The word “retirement” conjures up many images. While most baby boomers might be dreaming of more time on the golf course or booking a cruise, you might be thinking about buying a business. Crazy? Maybe not. If you’re close to reaching your preservation age you will soon have access to your superannuation. An increasing number […]
5 Tips to Improve Your Financial Wellbeing
In these ever-changing and uncertain times in society, there has never been a greater emphasis on our health and wellbeing. However, there is a crucial element that is often overlooked – our financial wellbeing. When addressing our overall health, it is essential that we also look at the responsibilities and stressors that come with managing […]
The Effect of Rising Inflation
The word ‘inflation’ doesn’t only dominate business news headlines, but finds its way into general news reports too. So, what is inflation and how does it affect you? In simple terms, inflation signifies a rise in the price of goods and services, meaning you pay for more for every purchase you make. Does the US […]
The Difference Between a Savings Account and a Term Deposit
Depositing cash in a savings account or a term deposit are the most common ways to invest your money. But, how do you know which is right for you? First, let us explain their main differences and impact on your money. What is a savings account? A savings account is adeposit accountheld at a bank […]
The Cautious Traveller
With international travel resuming and holidaymakers booking their long-awaited getaways, this article highlights important tips for travellers that could save a lot of heartache and money. On 19 March 2020, Australia’s international borders were closed. Our island home was suddenly Fortress Australia. How we’d taken the freedom to come and go as we pleased for […]
The Risk of Losing Your Home
As house prices spiral ever higher and interest rates test record lows, it has never been easier for anyone to borrow too much when buying a home and then suddenly find themselves struggling to meet the repayments. And the number of Australians in this situation is growing. Research by the University of NSW suggests the […]
Digital vs Physical Assets
Not a day goes by where we don’t hear about bitcoin in the news or from a friend who has a hot tip on a new cryptocurrency. The past few years have seen an increase in the popularity of digital assets such as cryptocurrency and Non Fungible Tokens (NFTs). Direct shares and managed funds are […]
Demystifying Loan Jargon
Planning to apply for a loan but confused by the myriad of banking jargon? You’re not alone. Many people struggle to understand loan terms and the multitude of acronyms used by bankers and mortgage brokers. Although you may seek advice from your local bank or mortgage broker, having a basic understanding of these terms will […]
What Does it Take to Become a Millionaire?
Want to be a millionaire? It may seem an impossible dream, but depending on your circumstances joining the ranks of the millionaires may be easier than you think. There are three key components to a successful savings strategy. The first is some surplus cash; an amount of money you can regularly set aside in your […]
Is Your Inner Entrepreneur Calling?
Work From Home (WFH) arrangements seem to have got our creative juices flowing with more online, home-based businesses springing up every day, providing a limitless variety of goods and services. Home based micro businesses (0 – 4 employees) and small businesses (5 – 19 employees) offer everything from retail items, to construction industry services. According […]
