In a world where financial stability plays a crucial role in our wellbeing and future aspirations, the concept of financial freedom stands out as a beacon of empowerment. Financial freedom is the ability to make life choices without being constrained by money considerations. It goes beyond just having a comfortable income; it embodies the power […]
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 […]
Whether you’re thinking of buying your first home or are busy paying one off amid rising interest rates, a life insurance policy could protect your biggest financial investment if the unexpected happens. A mortgage is a long-term financial commitment that you need to meet no matter what life throws at you. For this reason, you […]
Transferring money to children can be one of the most valuable financial steps parents can take. Most of us would have heard the old saying – probably from our parents – that “money doesn’t grow on trees”. In other words, rather than being freely available, money generally needs to be earned. It’s still a powerful […]
If you’d like your money to make a difference to the world as well as your future, responsible investing may be for you. Almost 9 in 10 (89%) Australians feel it’s important their financial institution invests responsibly and ethically across the board1. Ethical, social and governance (ESG) investments accounted for $1,281 billion, or 40%, of […]
Investing is full of jargon and technical terms, making getting started or managing your investments seem intimidating. Here are some of the key terms to help you better understand the different options available to you. Common investing terms There are a few terms that you’ll see repeated when we’re talking about investing. Bonds – Bonds […]
Earning interest on interest: learn how the power of compounding can send your savings rocketing. Key takeaways Compound interest enables you to earn interest on interest which is accumulated over time. The effect of compound interest becomes extremely powerful over a long timeframe as the amount of interest earned grows. Investing in your super is […]
Buying your first home is a huge achievement — one you should be proud of, and one that’s worth protecting. Life insurance can safeguard your new home through some of life’s most challenging moments. What does life insurance have to do with my first home? You probably wouldn’t think twice about protecting your car or […]
We all want to make the most of our tax return each year. Did you know, other than claiming the usual work-related expenses, certain super contributions may also be tax deductible? If you’re looking at what deductions you might be able to claim this tax time, the good news is you may be able to […]
A simple ongoing investment strategy can deliver substantial returns over the long term. The Australian share market, when measured by the broad S&P/ASX All Ordinaries Total Return Index, has delivered an average annual total return of 9.2% since mid-1993. Thirty years ago, Australia was still emerging from the economic downtown that then prime minister Paul […]