5 reasons to save for retirement Saving for retirement might not seem important, especially when there’s the super guarantee and aged pension to fall back on. But employer contributions and government benefits may not keep you as comfortable in later life as you’d like. Here are 5 reasons to make saving for your super a priority in the coming year. Whether you’re near retirement or not, it’s important to get your head round what to …
Where the money is: Jobs on the rise towards 2020 A new year can get you thinking about all sorts of lifestyle changes, including career direction. We look at the 5 industries expected to experience growth and offer the best in job opportunities in the next two years. Money isn’t the only reason we choose to work in the jobs we have. You might be following a personal passion or making the most of natural …
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 …
Psych yourself into saving Whether you’re struggling to make ends meet or living comfortably, saving money can be something you’ll be finding hard to do. In her new book “Mind Over Money: The Psychology of Money and How To Use it Better” BBC broadcaster and psychologist Claudia Hammond shares insights into how we can change our ways when it comes to budgeting, spending and saving more for a rainy day. Why should we save? If …
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 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 …
Five important issues to consider before tying the knot Before your big day, much of the financial talk may have been around budgeting for your wedding and planning your honeymoon. But while not nearly as exciting, there’s another vital part of your new partnership that should be considered: your future finances. Finances can be one of the biggest sources of stress and tension in a marriage. However, open communication and careful planning now can help you avoid …
The true value of financial advice Does investing in a financial planner really pay off? According to the latest research from Sunsuper you could be thousands of dollars better off when you make choices based on professional financial advice. Plus you’ll take more family holidays, have greater peace of mind and more confidence in your financial decisions. Teaming up with research experts, Core Data, Sunsuper have released The Value of Advice Report. Insights include financial forecasts …
Planning for a (much) longer life We generally need to make earnings from 40 to 50 years in the workforce extend across what could be 80 to 90 years of living. Australians today need to do something our parents and grandparents didn’t even think about – plan for a long life, and a new report shows the benefits of planning for longevity go beyond money matters. The gift of an extra decade Australians enjoy one of …
Old and new money lessons for kids One of the most important things you can teach your kids is how to manage their money as this will help them better face the challenges of adulthood. In our world of ever advancing technology, children often don’t see physical money being exchanged. In fact, some Scandinavian countries are even doing away with physical cash altogether. These days, money can be moved with the swipe of plastic card …
