Summary Having inadequate life insurance cover can result in unexpected financial pressures which on top of a serious heath event can put significant strain on families at an already difficult time. Misunderstanding their finances is one of the main reasons Australians fail to protect themselves and their families. Often people Read more
Summary Many Australians like to invest in property. However, property is not the only investment option out there. It is important to think about diversification – spreading your investments across a range of assets, markets and industries. There’s no question that property can be a great investment, it can provide Read more
Summary What would you and your family do if your car was damaged and you couldn’t drive for a few months? You might borrow somebody else’s car, walk to work instead or hire a car until your car was fixed. Content What would you and your family do if your Read more
Summary One of the first decisions to be made in structuring your investment portfolio is what its asset allocation should be. You need to decide on the types of securities in which you should invest and the percentage of your investment funds to invest in each. Note that this doesn’t Read more
Summary Whenever the term financial advice is mentioned it is commonly associated with an individual’s financial goals. Whether you have a type of ‘Christmas list’ as long as your arm of things that you’d like to buy, or perhaps you’ve never really thought about it and just buy what you Read more
Summary A recent study conducted by the Leeds University Union has identified that there are four key personality types that people can be classed into in regards to how they manage their money. Take a moment to read through the four descriptions below and map out which personality you fit Read more
Summary Spending money seems to be easy for most people. Saving money, not so much. Saving seems to be an acquired skill, but the time you devote to it is time well spent. Good money management will enable even those with modest incomes to achieve financial security. Of course, being Read more
Summary If you have a managed fund, sold an investment property or sold shares in Australia anytime over the past three decades, you would have had to declare capital gains on your tax return in the financial year that you sold your assets. Content If you have a managed fund, Read more
Summary It seems not too many days pass in the Australian media without a debate on the savings habits of the younger generation. This seemed to reach fever pitch when last year an article suggested that giving up the café lifestyle such as expensive lunch orders with smashed avocado, can Read more