Comfort spending in the land down under – what we buy and why A year ago, takeaway food was number one on Australia’s comfort-spending list. If habitual purchases like this are still taking their toll, here are some tips for 2022. Over a 12-month period, Australians forked out a whopping $37 billion (and then some) on comfort spending1. You know, the things you might buy to pass the time or make yourself feel better. If …
Finding your disappearing dollars Do you earn a decent salary but still find it hard to live within your means or save? If your strategy is to save what is left in your bank account at the end of the month, you probably won’t have any savings at all. Invariably there is nothing left at the end of the month, so this is not really a strategy. We talk to two CERTIFIED FINANCIAL PLANNER® professionals about …
An additional 21 great investment quotes Introduction Investing can be frustrating and depressing at times, particularly if you don’t understand how markets work and don’t have the right mindset. The good news is that the basics of investing are timeless, and some have a knack of encapsulating these in a sentence or two that is both insightful and easy to understand. In recent years I’ve written insights highlighting investment quotes that I find particularly useful. …
7 healthy habits that could improve your bank balance this year See how you could benefit your body, while upping the change in your back pocket at the same time. For many of us, the new year often begins with good intentions and a handful of new year resolutions, which may or may not begin right on 1 January. You might be working toward the day you return to work, or sometime over the next few …
Digital payment options could see you spend more this Christmas With the festive season just weeks away, Australians are gearing up for the annual peak spending period, and the growth of digital payment options could be widening the gap between what we regard as our spending limit and the balance of our bank account. The disconnect between cards and cash Credit cards make spending (and overspending) very easy, and a new breed of “digital wallets” …
Working to restore your balance In our fast-paced world, the desire for a better work/life balance is a common goal. It affects everyone from young professionals working long hours to get ahead, dual income households juggling inflexible jobs and children, and older workers wanting more time to help care for grandchildren or ease into retirement. While some people want to increase their working hours, the more common reason for pursuing work/life balance is to …
Getting the balance right Investment risk shouldn’t be an “all or nothing” choice. In this video, Paul Clitheroe talks about the importance of understanding risk, and taking on an appropriate level of risk for you and your needs.
