Four ways to save more for a rainy day | Money & Life

Four ways to save more for a rainy day Having access to savings can be vital when an emergency strikes. But making the most of your savings by earning interest can also help you get ahead financially. Discover ways to help your savings grow without leaving yourself stuck for extra cash. Last year our FPA Money & Life Tracker: Covid edition survey asked over 2,000 Australians how the pandemic has made a difference to their finances and …

Budgeting for baby: What you need to know

Budgeting for baby: What you need to know Having a baby is an exciting and life changing experience. But what about the cost? There are many hidden and unexpected expenses that go along with your new bundle of joy. Follow our handy guide to planning your finances, so you can avoid any money worries once baby arrives. No two ways about it, having a baby in Australia isn’t cheap. It also comes at a time …

How to have a happier new year

How to have a happier new year What’s the key to lasting happiness? If you think that having more money, a better job or more stuff will make you happier, you’d be wrong, according to science. Take a look at the latest research and follow our tips to change your spending habits and boost your happiness in 2021. After living through a year when our collective mental health took a beating, the new year has brought …

Why you need more than one budget | Money & Life

Why you need more than one budget Coming up with even a basic budget is a big achievement for most of us. But having more than one budget can actually help you get to your goals sooner. Find out why. Sticking to a budget can be a tough business. Even with a step-by-step budgeting guide to follow, having the discipline to stay on target with goals for spending and saving is a challenge. Even the task of …

What is a Power of Attorney? | Money & Life

Just as having a Will ensures assets are managed properly when you die, a Power of Attorney allows someone else to look after your finances when you’re unable to. Find out more about what’s involved in having a Power of Attorney and why you’d be wise to have one, just in case. Money & Life team Money & Life contributors draw on their diverse range of experience to present you with insights and guidance that will …

The Coronavirus pandemic and the economy – a Q&A from an investment perspective | AMP Capital

The Coronavirus pandemic and the economy – a Q&A from an investment perspective Key points Significant government support is essential to enable parts of the economy to successfully hibernate. This will be financed by borrowing and is affordable given Australia’s relatively low public debt and low borrowing rates. Central bank support to keep financial markets functioning properly is also essential and quantitative easing is part of this. We are more likely to see a U-shaped …