How to give your finances a health check | Money & Life

How to give your finances a health check How healthy are your finances? Isn’t it time you put your own financial wellbeing front and centre? You can take control of your financial future quickly and easily, with a simple financial health check. Just like your physical health, it’s worth giving your finances a check-up once in a while. Over time, unhealthy spending habits can creep in, threatening to derail your progress. Here’s how to give …

Tax deductible donations: Get the most out of giving back | Money & Life

Tax deductible donations: Get the most out of giving back Giving to charity can be a great way to help others and give your tax return a boost, but not all donations are tax deductible. Here’s what you need to know about making a tax deductible donation. Donating to a charity or cause you care about is a win-win for both you and the charity. Charities rely on the generosity of donors to help them …

The new COVID-19 relief schemes explained

The new COVID-19 relief schemes explained As we navigate more COVID-19 lockdowns across Australia, here’s a guide to the main benefits you may be entitled to from the government, state by state. With new COVID-19 lockdowns, and an increasing number of cases it’s understandable if Aussies are feeling overwhelmed. On top of that, concern about their finances can just add to that stress. The COVID-19 early release of super program ended in December 2020 and the JobKeeper …

Planning a career break? Here’s how to manage your superannuation

Planning a career break? Here are tips to help keep your super on track Whether you’re doing it because you want to travel, study or start a family, taking a career break can really affect your financial future. Thankfully, there are ways to help keep your superannuation in shape. Whatever your stage of life, there are several reasons for planning a career break. In some instances, leaving the workforce won’t impact your super. But in …

6 steps to feel more positive about your finances

6 steps to help you feel more positive about your finances Managing your money doesn’t have to be stressful. By breaking down your goals and establishing good habits you can work towards financial wellbeing. With one in four Australians reporting more financial stress after COVID1, it’s no surprise many of us are concerned about the future. Between mounting bills, unexpected expenses and a lack of understanding around our needs in retirement, getting our savings on …

The superannuation health check | Money & Life

The superannuation health check Does your super deserve a clean bill of health? Managing your super might seem tricky, but it doesn’t need to be. With a few simple tweaks, you can put the basics in place to last you a lifetime. Here’s how to do a quick and easy health-check on your super. It’s likely that your super will provide much of your income in retirement, so it’s worth spending a little bit of …

Navigating your tax return for 2021 | Money & Life

Navigating your tax return for 2021 Do you want to get more from your tax return this financial year, but you’re not sure where to start? It could be as simple as knowing which tax deductions and offsets you’re eligible for. With the end of financial year fast approaching, you might be hoping to claw back some of your hard earned cash when you lodge your tax return this year. The Australian Taxation Office refunds billions …

Four ways to save more for a rainy day | Money & Life

Four ways to save more for a rainy day Having access to savings can be vital when an emergency strikes. But making the most of your savings by earning interest can also help you get ahead financially. Discover ways to help your savings grow without leaving yourself stuck for extra cash. Last year our FPA Money & Life Tracker: Covid edition survey asked over 2,000 Australians how the pandemic has made a difference to their finances and …

Smart strategies for paying down debt | Money & Life

Smart strategies for paying down debt To get on top of your finances, clearing debts is essential but how can you find a strategy that’s going to work for you and your money habits?  Explore some of the ways to go about tackling your debts so you can start working towards your other financial goals. Being in debt can really wear you down, both financially and emotionally. Whether it’s a single large credit card balance …

Getting your super back on track | Money & Life

Getting your super back on track If you experienced financial hardship in 2020, you may have decided to withdraw from your superannuation balance to tide you over. Find out what you can be doing to top up your super and keep your retirement savings on track. In 2020, the Federal Government announced a number of different types of support for Australians in financial difficulty due to the COVID-19 pandemic. For people who lost their jobs …