Data shows that seven out of 10 Aussies over 55 can probably take an early retirement. But there’s work to be done. If you’ve been madly punching the numbers into online retirement calculators and coming up short, you’re not alone. Cameron Dickson, Managing Director of financial advisory company The Moreton Group, reckons most calculators are… Read more »
These top money lessons are actually less about money and more about character. Which makes them the kind of life lessons that everyone should learn as early as possible. I got my first job at age 12 and I’ve been working ever since. I wouldn’t say I have “nothing to show for it” (though there… Read more »
It’s killing you that no matter how many times you try, you can never stick to a budget. Don’t stress, you’re not a financial failure. You’re a human. If you’re reading this, chances are you’re not a ‘numbers person’. Or maybe you are and you still can’t still to a budget. That’s because budgets are… Read more »
You know the pattern: your income goes up (yay), but so does your spending (boo). It’s called lifestyle inflation or lifestyle creep, and it’s keeping you from building your wealth. Do you also have a bit of a laugh when you look back at your first salary? Mine was $18k a year, which even then… Read more »
Despite a ‘home country bias’, investing overseas is picking up speed in Australia. Here’s what you need to know. Australian investors have long shown a ‘home country bias’, which is a fancy way of saying we prefer to invest in our own backyard. Some Australians have exposure to overseas shares via their super fund, but… Read more »
When you’re in debt, the stress can feel like you’re completely snowed under. Debt snowballing is a way to put all that snow to good work… Debt snowballing is a structured, goal-based approach to debt reduction, which also has strong psychological benefits. It involves paying off smaller debts first by making extra repayments, and gradually… Read more »
We all need one, but getting the best deal on your mobile phone isn’t always easy. In most households, mobile phones are a big hit on the budget every month. There’s the cost of the phone itself, your phone plan and the accessories… Actually, if you have teens, the phone accessories are probably your biggest… Read more »
The FIRE movement says you’ll retire in your 30s, but you have to work super hard to make that happen. FIRE stands for Financial Independence, Retire Early and the goal is to budget, save and invest aggressively so you can retire as quickly as possible. “Aggressively” means exactly that: you’ll need to save at least… Read more »
Setting some solid money goals sharpens your long-term vision to help you make good decisions in the short term. If you don’t know where you’re headed, how do you know you’re on the right road? You can work hard your whole life and never quite get to where you want to be. That’s because you’ve… Read more »
It’s so frustrating to buy petrol, drive 100 metres down the road and see the exact same fuel offered cheaper. Sounds like you need one of these petrol prices apps in your pocket. The cost of importing refined petroleum has eased considerably, yet petrol prices are currently through the roof. Petrol stations are basically ripping… Read more »
