Whether you’re starting work for the first time or you’re changing jobs, there are key things to know and do. When negotiating pay for the role, pay close attention to the remuneration package. The more you earn, the easier it will be to save and invest more. So, before you accept the role, ask if […]
What is an emergency fund? An emergency fund is a financial safety net, offering you instant access to money when you need to cover the cost of unplanned expenses, like losing a job, unexpected travel or a medical emergency. This involves putting funds aside periodically so you can dip into this cash reserve without needing […]
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 the halfway point of the […]
Your financial health is key to the health of your wellbeing, relationships, work and home life. It’s important to have a regular checkup of your financial position to ensure you’re on track and to confirm your money is where you think it is, your investments are performing as they should, and debts are regularly serviced […]
In retirement, every dollar counts and it is worth exploring different strategies to grow your retirement income. Here’s how do it… Use your super wisely If you’re about to retire or are in retirement, it can be tempting to take your superannuation as a lump sum payment. However, this means taking money out of a […]
Looking for higher returns than cash in the bank with less volatility than shares and property? With interest rates generally considered to be at or near their peak, fixed interest investments, such as bonds and other credit investments, may offer an attractive ‘middle ground’. Interest rates represent the cost of borrowing money. They affect how […]
It’s lucky Aussie homeowners are a pretty resilient bunch. All the interest rate rises over the past couple of years have delivered a serious reality check, leaving variable rate home loans higher than they’ve been for a generation. So you need to get your home loan working as hard as possible particularly if your fixed […]
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 […]
Retirement is a major milestone in life, representing the end of years of hard work and dedication. It’s a time to enjoy the freedom to pursue your passions and interests without being tied to a work schedule. However, to make the most of your retirement years, careful planning and consideration is key, particularly when it […]