Three ways to invest for passive income
Living off the income from investments is a dream for many Australians. Along the way, passive income can help cover school fees, fund holidays or pay for life’s little luxuries.
Money Management
How to budget using the envelope method
To achieve our financial goals, we need to know where our money is going. This is why having a budget is so important.
Star performers: which investment types delivered the best returns in 2024-25?
Sharemarkets continued to make headlines in the 2024-25 financial year but the best performers for investors seeking high returns broadened to include a much wider range of investment types. Investors looking for strong returns were able to find them in a growing number of investment categories over the 2024-25 financial year as several investment types […]
Making the most of a salary increase
It’s exciting to get a pay rise and when you’ve earned it, you often feel like it’s a deserved reward to treat yourself with, but used in the right way it can also help you build towards a more financially fulfilling future. Typically, the more people earn the more they spend which is often unfulfilling […]
How ‘investment procrastination’ could be hurting your wealth
Putting off investing could cost you more than you think Many people delay investing because they feel they don’t know enough, are afraid of making mistakes or believe they need a large sum to begin. This ‘investment procrastination’ — which can be a result of uncertainty, fear or hesitation — can limit their ability to […]
Is it worth salary sacrificing into super?
We’re all familiar with the concept of super. It’s that portion of our salary that employers are required to contribute to a super fund on our behalf, with the goal of providing us with financial security in retirement. But what not everyone is aware of is that relying solely on your employer’s contributions might not […]
How worried should I be about running out of money when I stop working?
It’s not unusual to be worried about running out of money when you stop working. A recent survey of Perpetual members found that 37 per cent of respondents approaching retirement were continuing to work because they did not have enough retirement savings. A similar percentage disagreed with the statement that “I have sufficient savings, in […]
Tech-savvy saving: apps and tools to help you manage your money
It’s never been easier to manage your money from your phone, with hundreds of different apps available to help you with tasks ranging from simple budgeting to building wealth. Here’s a quick round-up of some popular apps available in Australia right now. Apps for simple budgeting Simple budgeting apps help you sort out exactly how […]
How super works
If you’ve ever had a job, then super is going to be on your radar. Knowing what it’s all about is the first step to making it work for you. Super can help you save big Super is your savings account for retirement. But well before you retire, your balance could be in the hundreds […]
Why it’s never too early to start teaching your children about money
Here’s how you can help your children build financial literacy Australia is one of the wealthiest countries in the world, yet many Australians struggle with financial literacy. Vanguard’s 2024 How Australia Retires report found that only one-third of Australians were very confident or extremely confident in making financial decisions. While most Australians (56%) were very confident or […]