How to boost your retirement savings as super and tax laws change
Stay up-to-date with the latest information, views, and expert opinions to help you take care of your financial future.
Tag: How
Welcome to the Spring edition of Haven
As we emerge from the hibernation of winter months, I hope you’re feeling spring in the air in your hood.
Are you looking to refinance soon? With most lenders looking at your last three months of financial activity to access your ability to repay a loan, we’ve got some hints and tips to make sure your finances are looking ship-shape when it’s time to refinance.
How are Australians views around home ownership changing?
Demographer Bernard Salt shares his insights. To find out more visit: www.amp.com.au/whateverwealthyyouwant Original Author: Produced by AMP and published on 18/08/2023 Source
Econosights – how much more excess savings do consumers have
This edition of Econosights looks at how much longer households can draw down on savings and what the outlook is for consumer spending.
How much do you need to retire comfortably in Australia?
How much do you need to retire comfortably in Australia? Knowing how much money you might need, how long it will last can be tricky. Working out how much is enough for retirement depends on many factors, such as your lifestyle, plans for the future, and the number of years you’ll spend retired. Additionally, estimating how much you’ll have when you plan to retire depends on factors such as your current salary, super balance and …
How to prepare financially for starting a family
How to prepare financially for starting a family Starting a family is exciting, but it can also mean big changes to your lifestyle and your finances. As expecting parents, it’s natural to have questions around family finance planning. One of the main questions you may have when starting a family is “how much do babies cost?” According to research, it costs an average of $140-170i. It could help to plan and have a family budget …
How to budget in 3 simple steps
How to budget in 3 simple steps Learn how to manage your money and understand where it goes so you don’t end up with a financial hangover in the New Financial Year. For many of us, making a budget seems like a daunting and fairly stressful task. However, a budget is an essential component of money management and can help you get a handle on your finances and plan for your future. Instead of picturing …
How to trick yourself into saving money
How to trick yourself into saving money Impulse purchases and buyer’s remorse often go hand in hand. But if you take a week (or a month) to reflect on your spending, you could see a noticeable boost in the funds accumulating in your savings account. Enter, the Seven-day Rule. Don’t reply to text messages after you’ve had a glass of wine and take a deep breath before confronting someone when you’re upset. These are both …
How to avoid bill shock with bill-smoothing payments
How to avoid bill shock with bill-smoothing payments Sidestep the shock of unexpected bills by smoothing out payments and making regular, automated instalments that can be planned well in advance. Ever experience that sinking feeling when you’ve opened a bill that you can’t possibly afford to pay? The shock of receiving a big bill – or worse, a number of them arriving at the same time – can be extremely stressful. Thankfully, by setting up …
Blue collar, white collar – how the job you do can affect your financial stress
Blue collar, white collar – how the job you do can affect your financial stress It’s fair to say that COVID took a toll on the working habits of Australians. Deep into lockdown and we were all getting slightly frayed around the edges. We knew we were all in this together. But we couldn’t help looking around and comparing our situation with those of friends and family in other walks of life. In the white-collar …