If you can’t get comfortable with risk, opportunities to grow your wealth are greatly reduced. Because when it comes to investing, the bigger the risk, the bigger the reward. “When confronted with the sharemarket moving up and down, there’s a perception that it’s just too risky,” says Julia Lee from Burman Invest. “There’s a reason… Read more »
When you buy a home it’s crucial to do whatever’s possible to protect your property. There are both physical and financial steps to take to ensure you’re safeguarding your investment. Here are five big ones to cover off to make sure everything is, well, as safe as houses. Get the best mortgage deal It goes… Read more »
Last year, around 4.2 million Australians claimed deductions for more than $3.9 billion in gifts and donations to charities and not-for-profits. Which is great news for charities, but possibly not such great news when it comes to donation tax deductions… Would you believe nearly two thirds of the charitable tax claims adjusted last year were… Read more »
Superannuation is a topic that affects every single working Australian. It’s one of the biggest financial assets people hold, but how much thought have you given to your super lately? Stats show that a whopping 43 per cent of us aren’t taking our super seriously. Many of us are even making some super big mistakes.… Read more »
During COVID, all levels of Government provided economic stimulus payments to business and individuals. Many have to be included as income in your tax return and it can be confusing to know which ones apply. Here’s a quick summary of how each kind of payment should be treated in your tax return. If you’re unsure… Read more »
Plenty of retirees are looking for ways to supplement retirement income. A new report from International Living shares practical ways to do exactly that. A comfortable retirement feels like it’s getting further out of reach for many. An unpredictable economy, pressure from younger generations to share wealth, and a lack of adequate investments and savings… Read more »
Millions of Australians are missing out on legitimate tax deductions every year. To maximise your tax return you need to research exactly what you can and can’t claim for your specific income streams. Getting savvy about what you can claim on your tax return means you’ll receive back the full amount you’re entitled to. It’s… Read more »
What’s the best way to turn your passion or hobby into a side hustle? And are the returns worth the risks? It’s becoming increasingly popular to try to pocket some extra cash. In fact, a 2019 AMP study indicated that a whopping 67 per cent of Aussies were working on a side project. The study… Read more »
You’ve been saving hard for a deposit for your first home and reckon you’re just about ready to buy. But are you? It pays to remember the loads of extra costs of buying a home. In this week’s show, Sally Tindall from RateCity talked us through the many additional costs to look out for. Spoiler… Read more »
We all know people we’d call ‘born negotiators’. The ones who seem to be able to wheel and deal their way through life. However, as David Koch points out in this week’s show, most of us aren’t like that at all. Instead, we’re intimidated by the mere thought of approaching our boss or a store… Read more »
