Overspent this year? Here’s how to put your finances back on track – and even get ahead. Despite the best intentions, many of us will finish this year on a low note financially. Wouldn’t it be great to start the New Year for once without having to play catch-up?
To make child care more affordable, the federal government offers parents two forms of financial assistance. Here’s what you should know about these benefits – and how they’re about to change.
Your super has the potential to become one of your most valuable assets. The more you put into it now, the more you’ll get out of it when it’s time to retire.
Insurance may not be something you think about on a daily basis, especially if you’re young and healthy. But the reality is that we never know when life will throw us a curve ball, so it makes sense to have a financial safety net in place. And even if you have personal insurance already, do you have the right levels of cover to take care of all your family’s needs?
A long-term investment strategy is the best way to build wealth for the future. The longer you have to invest, the more time you have to ride out any dips in the market that could otherwise put a dent in your returns. That’s why it’s a good idea to build your investment portfolio as soon as possible – your future self will thank you.
If you’re living from one paycheque to the next just to keep up with bills and household expenses, the idea of a long-term savings strategy can seem a bit out of reach. But here’s the secret to saving: every little amount adds up. That’s why you should start saving today – it might even be easier than you think.
If you’re juggling a mortgage and credit cards, plus other debts like a car loan or personal loan, you probably feel like most of your income is being swallowed up by interest payments. But don’t despair: here’s what you can do right now to knock your debt on the head once and for all.
On Wednesday 23 November 2016, the Federal Government’s proposed changes to super rules were passed by Parliament. This means that from 1 July 2017, the amount you can put into super each year will be reduced – which could impact your retirement plans. So before the changes happen, it’s a good idea to consider whether you should contribute a bit extra to your super.
When we consider our financial goals, we tend to think of them as things that will happen at some distant point in the future. Since our goals are such a long way off, it’s easy to ignore them in our day-to-day life. Stay tuned for 5 simple ways you can make today count so you can continue 2017 on the right foot!
Whether you’re hunting for your first home, in the market for an investment unit, or helping your kids out with a place of their own, buying property is always a big financial decision — so plan it carefully before jumping in.
Having a child is one of life’s great gifts. But let’s not forget how expensive kids can be, especially with the rising costs of education.
With a good financial plan in place, you’re already well positioned for a rewarding financial future. What’s more, it means you’ll be better prepared for major life events when they arise. As JFK once said, ‘there is nothing more certain and unchanging than uncertainty and change.’ In other words, none of us knows what the future holds.