In Australia, scams are becoming increasingly sophisticated, posing significant threats to financial and retirement savings. Fraudsters often impersonate legitimate organisations or offer seemingly unbeatable deals to steal personal information and money, making these scams difficult to track and combat. The variety of scams is vast, ranging from impersonation and phishing to more elaborate schemes like…
Our emotions are closely linked to our money. When we feel we’ve got enough, we feel good. When we don’t…well we can feel worried and sometimes stressed. It’s normal to become financially emotional from time to time.
The first of the Baby Boomers (born 1946) are now 10 years into their retirement, while the last of them (born 1964) are on the periphery of giving up work and navigating the raft of financial planning matters necessary for living their retirement lifestyle of choice.
It’s the Australian dream. Retire at 55 and spend the rest of your life on the golf course, cruising the seven seas or enjoying other leisure pursuits. Sound fabulous? Maybe not. Given many of us will very likely see our 100th birthday, will we find enough to do for the next 45 years and more…
We know talking about money with your parents can be difficult. Sensitive and upsetting at best and for some families – taboo. However, it’s among the most important discussions you’ll ever have with them and here we identify THREE conversation starters that may help you to get them talking.
If you’re thinking the super rules have changed again, you’d be right. However, this time they’re a change for the better. From 1 July, the Government introduced a raft of new rules and changes to thresholds that will enable you to get more money into your super fund. In this article we consider ‘where to…
The pandemic has certainly caused a roller coaster ride for many of us. While some people have endured significant loss of income, others have accumulated surplus cash. There’s been a lot to take in and as we start a new financial year, it’s got many people thinking “Where to from here, financially speaking?”
You may be aware that a number of changes to superannuation laws come into effect on 1 July 2021. While the new financial year is still a few months away, it’s important to understand what these changes will bring and how they, in alignment with the current super laws, could present different financial opportunities or…
It’s a conundrum, and the answer is a resounding ‘that depends’. How you use your money depends on your individual circumstances, what’s best for you, your goals and other factors including your tolerance of risk.
‘It’s not the years in your life that count, it’s the life in your years.’Taking control in 2019 means funding your superannuation adequately. Are you a business owner who is not making regular superannuation contributions for yourself? If so, you could be compromising your personal prosperity and depriving yourself of an essential component of happy…