Spend less than you earn champagne taste on a beer budget? Pay down non-deductible debt first Any debt that doesn’t make you money or create your wealth should be paid down first. Start repaying your store and credit cards and personal loans then your home loan BEFORE your investment debt. For every $5,000 racked up […]
Apart from all the physical, emotional and family effects, mobile technology has changed the way we use and value money. We live in a world where we don’t see physical money often. Online purchases are made and cards are tapped or swiped. Data from comparison site finder.com.au reveals if current trends continue, physical cash could […]
Why people DO it Around 20% of Australians invest in property for: • potential capital growth • rental income • tax benefits They tend to consider property one of the more solid, less volatile forms of investment because you can actually touch bricks and mortar. They like the feeling of getting ahead financially. They don’t […]
A state of insufficiency We all know that technology has become an increasing part of our everyday lives across all generations – and none more so than children. In fact, Australian children as young as four and five years old are spending 2.2 hours each week day watching screens. Those numbers increase to 3.3 hours […]
TOO MUCH OF THE MONTH LEFT AT THE END OF YOUR PAY? Do you tend to overspend? If so, you are not alone! Did you know?… • A staggering 86% of the Australian population don’t know how much money they are spending every month, although 90% think they have a good handle on their spending. […]
With so many cards, accounts and transactions, combined with less time and more financial stress, we’ve been racking our brain on how to help our clients track their spending better and help them take some financial accountability. So we thought we’d share a few easy to use, low or no cost ways of helping you […]
There is no end of financial advice on preparing for retirement: superannuation, investments, tax minimisation, age pension eligibility, funding your desired lifestyle – the list goes on. All these areas of advice highlight the importance of planning ahead – the sooner you start the better prepared you will be. One of the biggest decisions for […]
Your credit file is one of your most important financial assets. Safeguarding this file is an important part of the finance application process. Your credit file contains credit applications, overdue credit accounts, payment defaults, clearouts (as a missing debtor), commercial credit information and public record information. You will have a credit score calculated from your […]
Do your research and watch your spend! ‘Complimentary’ travel insurance is an increasingly used feature on many premium credit cards. According to ASIC’s Money Smart, 20% of travel insurance is used through a credit card compared to 19% through a travel agent and 31% direct from an insurer. Traveller beware Credit cards with complimentary travel […]
If you or a family member is heading for retirement, this information will help. Will you have enough super to retire and live the lifestyle you aspire to? With the average life expectancy of Australians being 82.5 years, how long will their savings last? Recent ‘Super Shortage’ research indicated that a retirement age of 65 […]