Sorting out sibling squabbles

  Sorting out sibling squabbles When families clash over money, particularly as parents reach their senior years, there can be many issues to resolve. Hear from CERTIFIED FINANCIAL PLANNER® professional James McFall of Yield Financial Planning about how family members can plan for a peaceful transfer of wealth between generations and siblings. Who cares? Nothing is certain except for death and taxes –it’s one of our oldest clichés. Exactly how someone meets their death isn’t certain, but if you’re lucky …

How to work out your retirement number

How to work out your retirement number The amount of money needed for retirement is not one size fits all. How you’d like to spend your retirement is as unique as you. From the big life changing goals, to the smaller, more personal ones that give your life meaning. There’s no defined age you must retire by, and it isn’t just about your finances. Your state of mind, where you’d like to live, how you …

Watch out for tax scams

Watch out for tax scams Tax time is approaching and that means a juicy refund may be just around the corner. It’s a busy time for scammers too, and last year alone 48,000 Australians fell prey to tax scams between July and October. Already this year, the Tax Office has registered over 17,067 scam reports with victims collectively losing $1.5 million to fraudsters. That makes it worth knowing what to watch out for to keep …

How to take the tension out of your building project

How to take the tension out of your building project Building projects generally are not easy to get right, so it’s important to set the right framework from the start. Proper planning is the key to getting a project done on time and close to budget, and that hinges on laying some basic foundations. You can take some of the stress out of your project, whether you are renovating or creating something from scratch, by …

Save Money Even When You Dine Out

Save Money Even When You Dine Out The reaction of most people with limited amount of money when they hear a dining out plan is the sigh “expensive”. It is true that dining out in most restaurants is an expensive venture, but you can still enjoy the occasional meal dining out without having to stretch your budget to the brink of a meltdown. This is possible if you are a smart spender. Smart spending doesn’t …

5 Tips to Straighten Out Your Finances

5 Tips to Straighten Out Your Finances Are your finances a mess? Do you need a way to get out of the mess you have created for yourself? Well, we will give you not one, but six ways that will help you straighten out your finances. Memorize the following five ways by heart: 1.     How Much Do You Owe The Bank? Figure out the debt on all your credit cards, but try not to scream …