Although marriage, mortgage, and young children may have characterised your 30s, your 40s often feature growing responsibilities and ever-competing priorities. Your parents are older, your mortgage is still on foot, children’s education costs are growing, and though retirement may seem a distant reality, planning for that reality becomes an important consideration. The good news is […]
If your partner has expressed that you’re a bit of a letdown when it comes to managing money, here are some pointers for when financial opposites attract. Depending on what stage of life you’re at, you and your other half may be in talks about moving in together, adopting a pet, buying a property, or […]
With a little bit of planning you should be able to successfully avoid having the joy of starting a family compromised by the financial burden of doing so. Based on research by the National Centre for Social and Economic Modelling (NATSEM) it costs over $406,000 to raise one child from birth until they finish their […]
Diversification is the act of spreading the money you have to invest across a number of different types of investments. For example, rather than putting all your money into shares in one company, you split it across multiple shares in companies which operate in different industries or different countries. You might also spread to other […]
Being forewarned about the costs of children, particularly educating them, provides an opportunity to prepare for the hit to the family budget. Take Ben and Laura, a young professional couple with a combined after-tax income of $150,000. They plan on starting a family in a few years and after allowing for other financial commitments decide […]
Life Insurance cover is about protecting those who are left behind. Find out how the right policy can ensure your family isn’t left in debt if the worst should happen. Why Life Insurance? A Life Insurance policy can give you confidence your family will be provided for in the event of your death, or if […]
Choosing a beneficiary is usually a simple task, but there are a few things you should keep in mind when you decide. A beneficiary is the person who will receive your life insurance payment should you pass away. When choosing yours, it’s important to think about who would be most financially vulnerable without you in […]
If someone asked you to picture technology changing someone’s brain, what would you see? Chances are the first thing that’d come up would be sci-fi-style mind control beams. Perhaps you’d see robotic neurosurgeons at work (actually already a thing). Or maybe cyborg-like neural enhancements. The reality of the situation is a lot simpler. And possibly, […]
Buying a property together is a major relationship milestone. It’s right up there with opening a joint bank account, getting married, and even surviving your first major disagreement. It’s understandable that such a big milestone – and investment – can become highly emotionally charged. So whether you’re looking to buy your first home, a holiday […]
Risk is inherent in investing and there is no one size fits all approach to managing and dealing with risk. What keeps you awake at night might be well within someone else’s comfort level. The central principal of investing is the higher the risk of a particular investment, the higher the possible return. Of course […]
