By the time you’re in your 40s you’ll potentially be earning more money than you may have previously – but you may also have unexpected or unwelcome expenses, like divorce. At this age you might also put retirement planning on the backburner in favour of more pressing financial commitments, such as your home loan and […]
People who have been financially stressed in the past are often able to recover through changes to their behaviour and mindset. Here are some suggestions of things you could do which may help you to improve how you feel financially. Create a budget that works for you When it comes to creating a budget, try […]
Worrying about your finances can take a real toll on your mental health. With many people experiencing financial stress, we look at what you can do to improve your financial (and mental) wellbeing. According to the Melbourne Institute, one-in-three Australians are now reporting financial stress, while one-in-five are feeling ‘mental distress’. The Melbourne Institute also found […]
Rising inflation brings about concern for many, but Vanguard’s time-tested investment philosophy—and a long-term focus—can help any investor navigate choppy waters. What is inflation? Inflation happens when prices rise and purchasing power decreases. This can be the result of a simultaneous high demand for and low supply of goods and services. Consumers have money and […]
Insurance works best when you have the right level of protection for your situation, and as your life changes, so might your insurance needs. You should consider reviewing your cover whenever your situation changes, like: taking on a mortgage to buy a property having children getting married upsizing or downsizing your home getting a pay […]
Here are five investing tips for those who are just beginning their investment journey. 1. Evaluate where you’re at financially Before beginning your investment journey, it’s important to sit down and map out your financial position and goals so that you know where you are and exactly what you’re working towards. Start by looking at […]
With interest rates increasing for the first time in many years, its effects will be felt by all Australians, not just those paying off their homes. In this article we address how interest rate increases may affect you, depending on your circumstances, and possible ways to manage it. Super members and retirees Super members Interest […]
The concept of investing in shares or other investment products can put a lot of people off. It can be difficult to understand, the share market is intimidating, and investment brokers generally only deal with people who have a lot of money to invest. Micro-investing came about as a way to help more people get […]
Saving regularly is a habit that needs to be cultivated and as with most things in life, starting sooner rather than later often gives investors a huge advantage. When it comes to the topic of spending and saving, it seems like there are countless ways of doing it. A quick internet search throws up guidelines […]
There’s a common misperception that in order to start investing, you need a large initial sum and lots of time. Here’s why that’s a myth. Investing can seem like a daunting task, particularly for those who think they lack the time and resources to start. When Vanguard last year surveyed Australians on their attitudes and approaches […]