5 ways to help prepare your finances for a recession If you think storms may lie ahead, it makes sense to prepare your craft for choppy waters. With Australia facing continued economic uncertainty, it may be time to take stock of your finances and get in the right shape. First the good news. The Australian economy fared better in the first quarter of 2020 than many other countries¹. To the end of March, the economy …
Maybe it’s all the unkept hair around these days, but the 1980s song ‘Money’s too tight to mention’ came to mind recently, as I thought about how companies and households are managing their cashflows in light of the current lockdown. Some of you may know it as the pop song by Simply Red. Actually, it was first released as a blues song in the US in 1982 in the midst of a biting world …
Role-reversal: When parents are relying on you As your parents get older, your whole family will be facing lots of changes. Supporting them during this time can be challenging, with lots of choices to be made. Get some tips to help you prepare for this role-reversal without it becoming a burden or a cause of family conflict. In the later stages of life, many seniors want to stay independent for as long as possible, but …
