Make an investment plan| Moneysmart

Part of preparing for your future may involve making a plan for your money to grow. Investing is one way to increase your money over time. Use Moneysmart’s investor toolkit to get across the investing basics. Understand key concepts like risk tolerance, diversification, portfolios, and asset names. To learn more about investing visit Moneysmart.gov.au. Original Author: Produced by Moneysmart and published on 24/02/2022 Source You may also like Buy now pay later| MoneySmart  If you’ve gotten …

What is financial wellness?

What is financial wellness? How you feel, is your wellness. How you feel about your money is your financial wellness. This can be measured by the financial wellness index, which measures a person’s satisfaction with their current and future financial situation. For more information on financial wellness, please go to https://www.amp.com.au/insights/manage-my-money/financial-wellness Get more tips about managing and protecting your cash, reducing the money you owe and saving for both your big and small goals: https://www.amp.com.au/insights/manage-my-money …

Buy now pay later| MoneySmart

  If you’ve gotten into some money trouble using buy now pay later products, help and support are available. Visit https://moneysmart.gov.au/other-ways-… to start looking at your options, or call Mob Strong Debt Helpline on 1800 808 488 for free and confidential help.   Moneysmart is brought to you by the Australian Securities and Investments Commission (ASIC), the corporate, markets, financial services and consumer credit regulator in Australia. Consumer education ASIC is responsible for engaging with …

Science and medicine appear to be getting the upper hand of coronavirus – implications for investors | AMP Capital

Science and medicine appear to be getting the upper hand of coronavirus – implications for investors Key Points There are increasing signs that science and medicine are getting the upper hand against coronavirus: new global cases are in decline; vaccines are working; half the global population and 73% of Australians have had at least one vaccine dose; and there are more treatments for coronavirus. Key to watch will be whether hospitalisations in response to any …

Millennials and money: what does the future hold? | Money & Life

Millennials and money: what does the future hold? With the rising cost of housing, an aging population, climate change and now a pandemic falling squarely on the shoulders of Australia’s millennials, how is this generation faring financially? The first millennials (born between 1981 and 1996) are turning 40 this year. Still, despite more than twenty years in the workforce, it seems their financial wellbeing isn’t guaranteed. A Commonwealth Bank study has found that almost two thirds (61 …

Changing money habits for good | Money & Life

  Changing money habits for good Is sticking to a budget the money magic wand that can sort out your finances, once and for all? Discover what budgeting can and can’t do for you and how to turn new budget habits into positive lifestyle changes. What’s a budget for? Knowing how to budget is one thing. But what is the real point of a budget and how can it actually help you change your behaviour and get …

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 …

Many Aussies in the dark about retirement

Many Aussies in the dark about retirement Whether retirement is a long way into the distance, or just peeking over the horizon, recent research1 shows half of us aren’t sure we’ll have enough money to retire when we want, or even how much money we’ll actually need. There’s always been a lot of unknowns when it comes to retirement but throw a global pandemic into the mix, and we’re feeling more uncertainty than ever before. Things …

What’s the difference between a financial planner and an accountant? | Money & Life

  What’s the difference between a financial planner and an accountant? When it comes to getting professional advice on money matters, should you be looking for an accountant or financial planner? Find out how they’re different and what services each one offers to help you manage your finances. When you’re looking for help on anything to do with money, finding the right person to turn to for advice can be a challenge. According to a …