Gen Y investing in home and away

  Gen Y investing in home and away Gen Y has been brandished a generation of non-savers but that is not the reality. Gen Y is saving but unlike earlier generations they are not necessarily saving for a home. Some of that move away from saving for a home comes down to the high price of property, particularly in the major cities. According to the Bank for International Settlements, Australian house prices are the second …

A Few Summer Credit Card Blunders And How To Avoid Them

A Few Summer Credit Card Blunders And How To Avoid Them Summer is usually the time for people to sit back and relax. All through the year, hardworking round the clock means some well needed rest is deserved. But beware to not let the leisure and complacency extend to your pockets. Summer time is the time to guard your money and finances rather well because mistake outlets are open everywhere. So which blunders should you …

Terms & Conditions

Terms & Conditions This website is operated by FinancialPartners (Tas) Pty Ltd, we are an authorised representative of an AMP Australian financial services licensee, as shown in our Financial Services & Credit Guide. Your access to this website is subject to these terms and conditions, our Privacy Policy, notices, disclaimers and any other terms and conditions or other statements contained on this website (referred to collectively as “Terms and Conditions”). By using this website you …

Top places to retire in Australia and overseas

Top places to retire in Australia and overseas As Australia’s cost of living continues to rise, more and more retirees are seeking value for money–and not always in their own backyards. While some Aussies choose to stay in the family home in retirement, many are stretching their wings and enjoying life elsewhere in Australia, and overseas. Retirement hotspots in Australia Popular retirement destinations in Australia offer unique attractions: Sunshine Coast, QLD–a relaxed community atmosphere, local …

Could you own a chunk of $15 billion[1] and not know it yet?

Could you own a chunk of $15 billion[1] and not know it yet? With millions of super accounts waiting for their owners, it’s easy to reclaim your money. Few people would be willing to turn their backs on thousands of hard-earned dollars. Yet when it comes to super money, many people have thousands of missing dollars they don’t know about. More accounts, less money It’s easy for super to get lost. Most of us have …

Tips and traps of credit

  Tips and traps of credit Starting out with a HECS debt is bad enough, but abusing a credit card can also mean trouble. Admittedly it’s tempting to spend with interest rates at current levels, but most credit cards still have double-digit rates.1 Of course a card is useful when you don’t have ready cash, but unless you pay off the balance in full each month the interest costs add up. Credit card statements today …

How to make the transition to retirement smooth for you and your partner

How to make the transition to retirement smooth for you and your partner Couples don’t always agree on everything, including retirement. If the time comes for you to retire and your partner is still working—or vice versa—it’s a matter of anticipating the natural changes ahead and then balancing and planning so both your needs can be met. Understanding differences The age you retire may depend on the work you do, your employment arrangements, your health …

Do You Know the Difference between Needs and Wants?

Do You Know the Difference between Needs and Wants? What’s one reason why people aren’t able to save money? They don’t know the difference between their needs and wants, resulting in too many unwanted things spilling out of your cupboards, closets, and drawers. In order to prevent their desires from controlling their thoughts, they need to differentiate between what they need and what they can do without. Here’s how to start: 1.     Make a List …