8 important money tips for when you land your first full-time job If you want to ensure you’re getting the right amount of super and not paying more in tax than you have to, this list is for you. You’re probably yet to hear anyone say they get a thrill from filling out forms or that they love reading long documents full of financial mumbo jumbo, but there’s likely to be a bit of that …
Relationship break-up entitlements when you’re in a de facto If you’re wondering who’ll get the home you’re currently living in, the car, or boat if you have one, we answer some of the commonly asked questions, so you’re across your rights and responsibilities. If you’ve recently split from your partner or are simply wondering what might happen if you do, you’ll need to keep your financial wits about you. A division of assets and debts, …
Show your finances some self-love Are you guilty of changing your spending habits when you’re in a relationship? Do you have a financial plan, or are you relying on a partner to take care of you in retirement? Whatever your situation, there’s never been a better time to step up and take charge of your finances. Your relationship status can have a big impact on your finances. From spending and managing your money, to the …
5 tips for creating your own good fortune this Lunar New Year The Lunar New Year begins on 12 February, as we usher in the year of the Ox. Ancient Lunar New Year traditions are believed to encourage health, wealth and prosperity, so why not create your own good fortune with our guide to help you get your finances in order? Have a financial spring-clean Part of the traditional preparations for Lunar New Year includes …
9 ways to teach kids the value of money at Christmas What’s the meaning of Christmas in your household? While it can sometimes feel like spending a small fortune on gifts and food is non-negotiable, it’s not the only option. And, if you have kids, the holidays are a great time to teach them about the value of money – while having a heap of fun along the way! Lavishly decorated homes, piles of …
How to 2020-proof your finances Being in control of your finances makes you feel good, but the twists and turns of 2020 have meant this isn’t always possible. We look at some of the year’s top challenges for personal finance and how to manage them as we move into 2021. Mental, physical and financial wellbeing are interconnected – and in 2020, we’re feeling it more than ever. Research conducted by AMP has found that severe …
Make your cancelled holiday count If your usual Christmas travel plans have been put on hold by COVID-19, don’t despair. Your holiday savings could turn out to be a cash bonanza for your finances. COVID-19 has played havoc with our love of travel, forcing many to shelve their annual summer holiday for another year. But while you still can’t take that overseas trip you’ve been craving, there are plenty of ways to put your funds …
How to save for retirement at every age No matter how old you are or where you’re at with your financial goals, it’s important to plan for your retirement. The average Australian now lives to 82.8 years, making retirement a life stage that can continue for two decades or longer. So while this milestone may seem like a lifetime away now, it’s never too early or late to start planning for retirement. Our decade-by-decade guide …
How financial advice can help Even if a person has a small asset base and no funds to invest, the help and guidance of a financial adviser can be valuable. Accumulating wealth is a long-term process. It usually occurs parallel to a person’s professional, private and family life. A good approach can be to have a few key strategies in place so that wealth can grow through life’s journey. It’s perhaps more common to seek financial …
Three key habits of the financially secure Financial wellness describes how we evaluate our finances and cope with any related stress. It can be a significant factor that affects our overall psychological wellbeing. AMP’s recent financial wellness research found three financial habits that people who are financially secure have in common: They save money regularly They pay off their credit card debt They avoid using layby and buy now, pay later (BNPL) services. We explore each of …
