Step one: what are your financial pain points? When you start making plans, chances are you’ll both come across financial pain points. In other words, the areas that need some attention and possible alterations. These might include: post-wedding or honeymoon debts different earning capacities different savings goals different spending habits
Take some of the guesswork out of planning for the future. Work out how much super you’ll have when you retire, and if it will be enough to fund the lifestyle you want. It’s never too soon to start planning for a better financial future. Estimate how much super you’ll
Another year of varied returns demonstrates the importance of diversification. Global share markets surged into record territory during 2024, delivering double-digit returns to many investors. Indeed, investors using broad-based exchange traded funds (ETFs) to cover the largest companies on U.S. and international share markets would have ended the year with
Salary packaging is when you and your employer ‘package’ your salary into income and benefits. It’s also known as salary sacrifice. How salary packaging works Salary packaging is when you arrange to receive less income after tax, in return for your employer paying for benefits out of your pre-tax salary.
In today’s fast-paced world, where every minute counts, managing personal finances can feel like another tedious task. However, thanks to the rise of personal finance automation, managing these tasks, can now be handled with minimal effort on your part. Whether you’re a professional, a business owner or someone who is
The start of 2025 is a good opportunity to take decisive financial steps. The new year can often be a trigger point for many people to review their financial plans and strategies for the year ahead and beyond. It makes sense, although the start of the calendar year is actually
Preparing to retire is emotional and practical. Making a retirement plan can help you manage your finances, and cope better as your life and priorities change. Make a retirement plan Your retirement plan can be simple or detailed. Include: Timing — when you want to retire. This could change, but
Key points: Find services in your area that fit your needs or to learn more about the aged care journey The first step in getting Government funded aged care services is to register with My Aged Care Before you can access any sort of aged care services you need to
General or personal advice can help you reach your financial goals. General advice does not consider your personal circumstances and is general in nature. Personal advice is more specific and is tailored to your personal situation. The advice you receive could cover any of these financial products or areas: investing
As we move into a brand-new year, many people set their resolutions, and if buying your dream home is what you have set your sights on, with the right strategies and the right mindset you can turn that dream into reality. Big goals like home ownership call for more than
Becoming a parent is an exciting and life-changing step. Be well-prepared for the costs and budget for them. Cost of having a baby Having a baby costs money. It’s possible to plan and save for most of these costs, but some can be unexpected. The earlier you start, the better.
You’re ready to start investing, but there’s a few things holding you back. Firstly, while you have a bit of money set aside, you don’t have a lot and you’re thinking it’s probably not enough to start off with. You also don’t know a lot about financial markets and different
