Role-reversal: When parents are relying on you

Role-reversal: When parents are relying on you As your parents get older, your whole family will be facing lots of changes. Supporting them during this time can be challenging, with lots of choices to be made. Get some tips to help you prepare for this role-reversal without it becoming a …

Sorting out sibling squabbles

  Sorting out sibling squabbles When families clash over money, particularly as parents reach their senior years, there can be many issues to resolve. Hear from CERTIFIED FINANCIAL PLANNER® professional James McFall of Yield Financial Planning about how family members can plan for a peaceful transfer of wealth between generations and siblings. Who cares? Nothing …

How my life changed when I became a carer

How my life changed when I became a carer Writer Ambra Sancin shares how her life changed when she became a carer for her mother. Many Australians will take on caregiver roles at some point in their lives. Mine came three-and-a-half years ago and it’s been challenging (but ultimately rewarding) …

Working after kids – is it worth it?

Working after kids – is it worth it? To work, or not to work? That is the question many Australian women (and some men) have to consider after having children. Sadly, both options can have long-term negative financial consequences. While it would seem obvious that not working is likely to …

Insurance 101: what do you need and when?

Insurance 101: what do you need and when? There is a dizzying array of types of insurance available in Australia, although the average person probably won’t be needing aircraft or defamation insurance. But like death and taxes, the majority of people won’t be able to avoid getting at least some …

Relationship rules for your finances (Video)

Relationship rules for your finances (Video)  Your relationship might be rock solid. But any romance can come unstuck when you fall out over money. Keep those financial squabbles at bay with our friendly guide to joint finances. If you have a question you’d like answered by a professional financial …

5 tips for a stress-free conversation about your Will

5 tips for a stress-free conversation about your Will No one likes unpleasant surprises. Talking about your Will with your family can be stressful, but it can also help to avoid a worse situation when you are gone. Contemplating one’s own death can be hard and in many families, talking about money …

Balancing career, family and time (Video)

Balancing career, family and time (Video) Australians who are living their dream are planners. They believe in their ability to create the life they want and they are not afraid to ask for help or seek advice. Balancing career, family and time …. Here Christina and Richard Taylor explain how meeting a …

So you’re… starting a family

So you’re… starting a family Starting a family will bring you plenty of joy, but it will also create many challenges. In addition to possible sleepless nights and changes in your lifestyle, it could also affect you financially. First, there are the costs of raising a child. Research published by …

Why you might need a will (Video)

Why you might need a will (Video) Maybe you think it’s too early to plan what will happen to your money when you die. But if you’ve got a new job, bought a house or started a family, it’s time to start getting your affairs in order. If you have …