What’s The Best Way To Invest Money At The Moment?
“What’s the best way to invest money at the moment?” Woah, there’s a loaded question! Here’s some important advice… anyone who tells you they know the best place to invest money RIGHT NOW is either a liar or they’re kidding themselves. There are many factors which need to be considered when choosing how to invest […]
“How can I pay off the mortgage faster?” It’s one of the most common questions I get asked. For almost everyone who buys a home, it’s done with a mortgage. After all, if we had to save to buy a house we’d never get there. Borrowing allows us to get into the market. However, that […]
“Why should I care about money for the future? Super is compulsory, and the Age Pension will be there when I retire, so I should be fine.” I often get questions (or statements) like this, around why people should take long-term financial planning seriously. And the reasoning is pretty simple, but not widely known. Most […]
Unless you’ve been living under a rock, you would be aware of the banking royal commission, which has shone a spotlight on the toxic culture of the banking and financial services industries. Sadly, the financial advice industry has often attracted the equivalent of dodgy used car salesmen… those with the gift of the gab who […]
The Federal Budget 2018. What it means for you… The Federal Budget was handed down last Tuesday, May 8, 2018. While the measures announced in the budget are yet to be passed by Parliament, we can generally assume that most of the announcements will become reality. From an individual perspective – especially if you do […]
Ah. The second Tuesday in May. The most exciting day of the year for all financial advisers! This year’s federal budget contains mostly good news for clients – as you would expect given that an election is anticipated before the next budget comes around. This is not the time for Treasurers to make life harder. […]
As of 2017, almost all tax-payers can make a private, personal contribution into their superannuation fund and then claim the contribution as a personal deduction when they do their tax return. You can contribute any amount provided that your total concessional contributions are not more than $25,000 in a particular year. Remember, the compulsory 9.5% […]
Income protection insurance is essential for all people who would suffer financially if they were unable to earn income from working. This includes single people whose own lifestyle would suffer if they were unable to earn income as well as people who have financial dependents, such as parents. The concept of income protection insurance is […]
Are you planning to live on the age pension when you retire? Or would you like to do a little better than that? I came across some research recently from 2016 that demonstrates that it is likely that most people aged in their 30s today will have nothing more than the age pension to live […]
Superannuation really is super. Super lets you pay less tax and boost your retirement savings, all in one go. I really like it and I think you should too. If you are an employee, then you are almost certainly entitled to receive compulsory super contributions from your employer. Generally, these contributions equal 9.5% of your […]