The rising cost of living is causing a strain on household budgets for many Australians. As a result, more are turning to side hustles and passive income opportunities to supplement their income. In this article, we explore a range of side hustles accessible to people …
Many people have a good idea of what super is and how much of their money goes into it. But there are some gaps when it comes to the basics, such as when you can access it and how super is taxed. Read on for …
Preparing yourself for retirement Retirement can cause a range of emotions so it’s important to prepare yourself emotionally as well as financially. Here’s some tips to improve health and wellbeing in retirement: Give yourself time: coping with major life changes is never easy. Allow yourself …
When property prices are rising, renovating for a quick return is a popular investment strategy. But when markets are sluggish, improving a property before ‘flipping’ it, can also generate profits for savvy investors. Buying to flip When you flip a property, you’re buying a dwelling …
Making a will is an important way to help ensure that your wishes are respected and your loved ones are taken care of if you pass away. A will is a legal document that sets out how you want your assets, such as property, money …
Life insurance premiums are calculated based on a number of factors, such as your age, gender, health at the time of application, smoking status, occupation, lifestyle and hobbies. Your health can play one of the biggest roles in determining your premiums, so having a healthy …
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 …
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 …
While self managed super funds are not for everyone, they do offer significant benefits. Running an SMSF successfully requires investment, legal, super and admin skills – or the ability to get help from people who have those skills. Having control over how your retirement savings …
Introduction In the confusing and often seemingly illogical world of investing, investors often make various mistakes that keep them from reaching their financial goals. This note takes a look at the nine most common mistakes. Mistake #1 Crowd support indicates a sure thing “I will …