5 financial hacks to set you up for life With life’s big financial milestones just around the corner getting off to a good start in your 20s and 30s will help set you up for financial freedom later in life. We asked senior financial adviser, Nga Vu, from Kearney Group, for some simple ways to manage your finances each step of the way. Getting married Q: Transitioning from ‘my’ money to ‘our’ money can be tricky. …
Realising your goals through financial planning (video) You might think that financial planners solve money problems. Financial planning is about so much more than this. It’s about bringing your dreams to life, identifying your life goals, hopes and dreams – and putting in place a financial plan to get your there. Here Isobella explains how meeting a financial adviser made her feel like she could focus on the future. If you have a question you’d …
How close are we to a cashless society? With tap and go payments becoming ever more popular and the advent of instant transfers between domestic bank accounts, how much longer will we be using cash as a form of payment? Find out more about when we can expect Australia to go completely cashless and what it means for us, as business owners and consumers. Got any cash on you? According to recent survey results produced …
Getting personal insurance right Does everyone need life insurance? Is the policy you’re paying for through your super fund enough? Deciding what sort of personal insurance is right for you and how much cover you need takes time and asking the right questions about your individual situation. Find out more about what you need to think about to get the right insurance to protect you and your family. With recent media coverage about insurance sales …
Don’t just invest for your children, invest with them Investing with your child can help them build a nest egg and improve their financial literacy. Gifting your child with a nest egg of investments is a wonderful idea, and will no doubt give them a kickstart into adulthood. But some experts say we may be approaching this incorrectly; we could be investing with our children, rather than for them, to give them not just money …
How do Aussies feel about their finances? Are you someone who feels great about your financial future? And do those positive feelings come from having a solid financial plan? Find out more about Aussie attitudes to what the future holds for their finances, their hopes and fears and what’s holding them back. A CERTIFIED FINANCIAL PLANNER® professional can offer valuable advice on saving and investing for your lifestyle and financial goals, for now and into the future. …
Super – know your rights Unpaid super isn’t something to be taken lightly. No matter who you work for, it’s their responsibility to make payments to you under the super guarantee. Find out more about how much super you should be getting, how often and what to do if there’s a problem. Rescuing your super – unclaimed or unpaid There’s a staggering amount of superannuation that may never find its way to the people who …
Five charts to keep an eye on regarding the global economy Key points Whether a recession is imminent or not in the US, and more broadly globally, is critically important in terms of whether a major bear market in shares is on the way. Five key global charts to watch in getting a handle on whether a major downturn is on the way are: global business conditions PMIs; global inflation; the US yield curve; …
The latest on Brexit and Italy Europe has once again become a source of concern for investors this year, with Brexit and Italy’s new populist government the latest causes of volatility amid fears they could threaten the European Union. But investors need to put those concerns around Italy and Brexit in context. In 2016, a non-compulsory referendum of the British people voted in favour of leaving the EU. Britain is now in the process …
Get goal savvy No matter what your financial and lifestyle goals may be, here are some proven techniques for setting yourself up to succeed in reaching them. Write your goals down, and review regularly CERTIFIED FINANCIAL PLANNER® professional Brendan Burrows of PSK Financial Services in Sydney says financial goals “need to be specific, clear and measurable. If this formula is not followed, the goal loses its relevance, and you may never know if you have actually …
