Important Closing of the Financial Year Money Moves There are two times in a year when there is great scope of hope and upcoming expectations. One is the start of the year and the other is the end of the year. The start of the year is the beginning of a new chapter, while the end of the year is a time to look back at the end of a chapter and hope the one …
Do You Know the Difference between Needs and Wants? What’s one reason why people aren’t able to save money? They don’t know the difference between their needs and wants, resulting in too many unwanted things spilling out of your cupboards, closets, and drawers. In order to prevent their desires from controlling their thoughts, they need to differentiate between what they need and what they can do without. Here’s how to start: 1. Make a List …
Household Budgeting- The Best Way To Save Money! Running a household is just like running a business. You have to manage finances and work on money investment strategies to transform a house into home- your dream home! People usually don’t take household budgeting seriously and which is why they may find it challenging to run the house in the limited income. Well here are few tips that can help you manage household successfully without running …
Family matters: Becoming a parent You often hear new parents say that having a baby is an amazing, life changing experience. Nothing is ever the same again! At a time when every aspect of your life is changing, the last thing you want to think about is money. But while there may not be ways to reduce the financial commitments, there are things you can do to plan and manage them more effectively. Common questions …
Family matters: Educating the kids A good education is one of the best gifts you can give your child, but although it doesn’t have to, it can cost a lot of money. A little research and planning now could save you some financial worries in the long run. The earlier you start to save the better. Common questions to consider Some questions you may wish to consider include: How much will my children’s education cost? …
Retiring within the next 5 – 10 years The combined effect of earlier retirement and living longer means that many Australians will spend more than a quarter of their life in retirement. While this sounds like good news, it does emphasise the importance of planning carefully – and well in advance – for your retirement. Some questions you may wish to consider include:• How much do I need to retire on? When can I …
The top 5 overseas holiday spots Before jetting off, consider Aussie travellers’ favourite destinations. People the world over nominate Australia as their dream destination. But when it comes to jetting overseas, where do Australians choose to go? Does the idea of lounging in a tropical island paradise and soaking up a new culture whet your appetite or would you rather trek through foreign cities or mountain ranges? One thing’s certain, Australians love to travel overseas. …
Getting the balance right Investment risk shouldn’t be an “all or nothing” choice. In this video, Paul Clitheroe talks about the importance of understanding risk, and taking on an appropriate level of risk for you and your needs.
In this video, Michael Fazzini discusses some key rules for investing – and how we can avoid some common investment traps.
