Financial stress can potentially have a significant impact on your mental wellbeing, overall health and relationships. According to a 2023 Compare the Market survey, personal finances and the ability to pay the bills were the number one cause of stress for 61% of Australians last year. Financial stress could be a result of the rising […]
A new financial year can bring a chance to reset and focus on your investment goals. For many, a new year brings new beginnings and a chance to reset and focus on what matters most. So, the imminent start to a new financial year may be a well-timed opportunity for some to reflect on the […]
Many people are finding themselves in a situation where they need to provide financial support to their aging parents. Balancing the responsibility of helping your parents financially while saving for your own retirement, is no doubt challenging. Effective financial planning can help you provide for your parents while still securing your own financial future. Assessing […]
No matter your income level or financial goals, everyone can benefit from developing strong money management skills. Here are five rules of money management that can help build a solid foundation for financial wellbeing. Key takeaways: Having a savings plan and an appropriate level of insurance cover can help insulate you from financial stress. Tracking […]
Although it can feel uncomfortable, talking about money is a good thing. Get some help from the experts to start positive conversations and keep things on track. Making money talk work for you When was the last time you talked about money? You might struggle to remember. Your personal finances or debt position are hardly […]
It’s a dilemma many of us face – are we better off directing extra money to our mortgage or super? As with most financial decisions, it’s not a one size fits all approach and here are some factors to consider in deciding what’s right for you. Key takeaways: There may be tax advantages when you […]
How healthy are your finances? Isn’t it time you put your own financial wellbeing front and centre? You can take control of your financial future quickly and easily, with a simple financial health check. Just like your physical health, it’s worth giving your finances a checkup once in a while. Over time, unhealthy spending habits […]
The three biggest drains on our money are paying for housing, food and transport; and there’s no getting away from the fact that it is unlikely we can live without any of the ‘big three’. Here we look at some ways of how to save on these items. Saving on rent in the Big Smoke […]
The festive season is fast approaching and with it, all the wonderful things an Aussie summer Christmas brings. With gifts, parties, food and beverage costs, however, it can be tough on the wallet. Here are some tips and tricks to get you through the silly season and help you stick to a realistic budget. Make […]
With average life expectancies rising, early investment education and financial advice will become increasingly critical. It’s not a well-known annual event in Australia, but October 31 happened to be World Savings Day. Established almost a century ago in Europe, the main purpose of World Savings Day is to encourage people around the world to improve […]