Money mistakes you make in your 20s

Money mistakes you make in your 20s Which of these rookie errors sound all too familiar when it comes to you and your squad? In your 20s, you might be saving for a plane ticket to go somewhere, a new car, your own pad, or just trying to keep your wardrobe up-to-date while still having enough cash left over for Saturday night. As you mull that over, give some thought to how what you spend …

How to make money by turning your unwanted goods into cash

How to make money by turning your unwanted goods into cash Whether it’s not-quite-right gifts you have received or the results of an annual clean out, your trash might be someone else’s treasure. A survey by online marketplace Gumtree found that Australians received more than 21 million unwanted gifts for Christmas in 2017 with an average value of $68 eachi. If that sounds familiar, you might be among – or might want to consider joining …

Baby budget – Money mistakes new parents make

Baby budget – Money mistakes new parents make It’s no secret that having children can completely change the way you live, and your perceptions of life around you. So, to help you get your head (and new baby budget) around this new lifestyle, here’s a list of some of the new parent money mistakes to avoid, and some suggestions for what you could do instead. Tip 1: Don’t forget the milk We start with the …

Share financial goals to make your relationship stronger

  Share financial goals to make your relationship stronger When money can be such a big source of stress and conflict in relationships, it makes sense to get on the same page with finances. Our guest contributor, James Trethewie Financial Planner AFP®offers some important advice to help couples succeed in sharing and achieving their financial goals. So you’re convinced that love conquers all and money matters can’t possibly come between you and your partner. Some …

Money mistakes people make in their 50s and 60s

Money mistakes people make in their 50s and 60s Avoid these common money traps to make sure you have enough put aside for a comfortable retirement. When you’re in your 50s and 60s, you know you’ve worked long and hard for what you’ve achieved in life and probably have a fair idea of how you want to live in your future retirement. But it’s important not to become complacent and ignore the warning signs of …

How to make the most of investment and economic research

16 August 2017 How to make the most of investment and economic research In a world where people can be bombarded with information, AMP Capital Head of Investment Strategy and Chief Economist Shane Oliver recommends taking a strategic approach to investing. “If you are to be a successful investor you have to have an investment process,” says Oliver. The trick, he says, is cutting out the noise and sticking to the fundamentals. AMP Capital’s approach …

Four ways to make more retirement hay while the sun shines

Four ways to make more retirement hay while the sun shines The latest AMP.NATSEM report, Going the distance: Working longer, living healthier, has found that although the pension age may rise to 70 if the Government’s proposed legislation passes, many people in their 60s simply aren’t going to be healthy enough to work that long. The report found that in 2035 one in four men and one in five women aged 60-69 are expected to …

How to make technology work for you

How to make technology work for you Automate the boring things Set up direct debits so your bills are paid on time without having to remember all the due dates. And if your credit card is weighing you down, set up a regular payment and pay the full amount each month if you can to avoid more interest. Or at least pay the minimum monthly amount before the due date rolls around. You’ll have peace …

Make the most of the current super caps

Make the most of the current super caps Consider John and Jane’s story before new rules limit your super contributions and pension transfer options. John’s aged 65 and Jane is 60—they’re both about to retire. John has super assets totalling $2 million and Jane’s super balance is $300,000. Because neither has made a non-concessional contribution (NCC) recently, the three-year bring-forward rule hasn’t yet been triggered. That means John and Jane have a chance to take …

Do parents make good employees?

Do parents make good employees? Research reveals surprising correlations between productivity and parenthood. It’s official: Australia is the most expensive country to live ini. So it’s no wonder that more and more parents are working while raising a family. In fact, recent media reports say Aussie parents work more than parents in other countriesii and 90% of Australian mothers always or often feel rushed or pressed for timeiii. But what’s the impact on the work …