All gain, no shame: What to expect from a financial planner

All gain, no shame: What to expect from a financial planner So you’re a busy couple building careers and a better future for a young family. Getting professional financial advice might seem like something you’re not ready for yet. But what if seeing a planner could bring you wealth and peace of mind without distracting you from important goals? We all make mistakes with money from time to time. And most of us wish we …

Plan more, worry less

Plan more, worry less Want to make money worries a thing of the past? A new year can be a great time to take control of your finances and enjoy greater peace of mind, now and in the future. New year, more stress Thanks to the post-spending hangover many of us suffer after buying big for the festive season, the new year can start with an unhealthy dose of financial stress. According to a 2017 survey …

The best money blogs and financial advice for 20-somethings

The best money blogs and financial advice for 20-somethings  Are you a 20-something, a Millennial, a Gen Y or a Gen Next? Actually, it’s a trick question, as they’re all the same thing. Whether you believe such a label applies to you or not, you may think managing your money better isn’t something you should be doing until you’re 30-something and living in your own home with kids. Here we feature some money blogs to …

Can you afford a divorce?

Can you afford a divorce? With divorce happening later in life[1], Australians are taking the financial hit that comes with the end of marriage at a time when they’re at the peak of wealth accumulation. While saving money may not be a reason to stay together, it’s worth knowing what kind of impact divorce can have on your financial position. And if separation is on the cards, how can you limit the financial and emotional …

Borrowing money: When and how to do it right

Borrowing money: When and how to do it right We all know getting into debt isn’t really desirable. So are there times when borrowing is justified? And what’s the best approach to keeping repayments within reasonable limits? We spoke to CFP® Sandy Hopps  to get expert advice on smart ways to borrow money. Recent reports and statistics show we’re no strangers to debt in Australia. According to OECD data from 2015, Australia is 4th in the world …

The blended family balancing act

The blended family balancing act When one family becomes two – or more – financial stress can multiply too. Get expert tips from CERTIFIED FINANCIAL PLANNER® professional Fran Hughes about how blended families can work together on a straightforward and fair approach to managing money. Whatever your marital status, your 40s can be a challenging time financially. Growing kids are costing more, especially if you have to factor in school fees. And on the other side of the equation, …

Accountant or Planner – which do I need?

Accountant or Planner – which do I need? When it comes to sorting out money matters, where do you go to seek professional help? Can an accountant take care of your finances or should you be speaking to a financial planner? Discover more about the difference between these two support services and how you can benefit from both. Seeing an accountant is something that’s routine for most Australians. After all, lodging a tax return is …

Life cover – do you even have it?

Life cover – do you even have it? If you have family, dependents or debt, life insurance might be important, but one in four Aussies don’t know whether they have it. If you die and your life is insured, your beneficiaries receive a lump sum pay-out. This money can be the difference between the people who matter most to you enjoying a decent lifestyle or facing a financial struggle, yet one in four Australians aren’t …

US China trade war fears – Q & A

US China trade war fears – Q & A Key points President Trump’s actions on trade are mainly aimed at achieving better access for US exports to China and better treatment of US intellectual property by China. They are not primarily aimed at traditional US allies, reducing the risk of a global trade war. So far there is only a “phoney trade war” between the US and China as major tariffs are only “proposed”. Signs …