The wallet challenge: Step 1 – your financial audit This 4 part series will get you ready to grow your wealth in the new financial year. Starting with an audit of your current financial position, this checklist will guide you through a review of all your assets – savings, super, properties etc and liabilities – loan payments, insurance policies, bills so you can get a clear picture of where you are at financially and where …
Super – so what? For some people, super may be the most valuable asset they’ll ever have. So it makes sense to know how much they have and how it’s invested. But it’s very often the case that young people, in particular, see super as being something that’s of low concern. So how can the super industry get young people interested in something they won’t benefit from for years to come? With home ownership rates …
Weekly Market Update 31 August 2018 Investment markets and key developments over the past week The past week saw most share markets rise helped by US shares pushing further into record territory, but gains were capped by ongoing turmoil in the emerging world (notably Argentina and Turkey) and nervousness ahead of the next round of US tariffs on imports from China. Australian shares also rebounded after being hit by the previous week’s political turmoil. Bond yields …
Wedding planning: Budgeting tips for your big day With the average Australian wedding costing over $65,000, is it more financially savvy to say ‘I do’ or ‘I don’t’ to a big budget wedding? When it comes to planning a wedding, every couple has their dream day in mind, which often includes extravagant flowers, a swanky venue, custom-made wedding attire, unlimited alcohol, vintage wedding cars and the list goes on. While digging deep into your pockets to …
Your wedding windfall The average Aussie couple are spending around $65k on their big day. By making some smart wedding budget choices you could be investing that money for a better financial future. Let’s take a look at how saving $30k on your wedding could help you out with other lifestyle goals. Online source: Produced by The Financial Financial Planning Association of Australia and published on 15 June 2017. Original article.
Market Drawdowns Overview As the profit cycle matures, we are increasingly being asked how long-term investors should best position themselves should the economic backdrop and equity markets become more challenging. As the profit cycle matures, we are increasingly being asked how long-term investors should best position themselves should the economic backdrop and equity markets become more challenging. Key points Markets mark-to-market in the short term and are inefficient in the long run. The impact …
Could you go it alone? Making sure a man is not your financial plan Divorce is the leading cause of financial hardship for women1. So it’s important to take control of your money and plan for a time when you may become financially independent. Spending priorities According to a 2014 survey of over 2,000 women conducted by RMIT, 59% have experienced financial hardship as a result of divorce2 and 80% chose providing for their family as …
Get your finances ready to start a family Preparing for parenthood is an exciting time, but don’t let the cots and cuddly toys distract you. Your finances (and everything else) are about to change in a big way, so use these pre-baby days to plan ahead. Here are the key financial tasks to tick off before, and after, baby arrives. Before the baby: 1. Understand your health insurance Before you even start trying to conceive, …
The Shortest Road to Riches Key points Consumer expectations of instant gratification are driving down delivery times Labour shortages and traffic congestion highlight the criticality of well-located logistics facilities Rental costs are being pushed up – but rent is a small part of total logistics supply chain costs New opportunities for rental growth are emerging as logistics real estate grabs a larger slice of the supply chain pie “Lost time is …
Life’s not all beer and skittles – how to manage a lump sum Winning the lottery is the ultimate financial dream for many folk, but most people will not fall into the category of lottery winners in their lifetime. However, many will receive a lump sum at some stage – whether it’s a redundancy payment or an inheritance on the death of a relative. Thinking “spend, spend, spend” when it happens will soon end the …
