One of the most important life skills you can pass on to your child is good money habits. To make it easier for parents there are a bunch of terrific tools available to use. Here are two tools you might want to consider…

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According to the Australian Bureau of Statistics, a typical 25-34-year-old has close to $22,000 sitting in the bank and 35-44 year-olds have close to $30,000 sitting in the bank. But if the money isn’t going to be used for a home loan deposit anymore, you should consider getting it out of the bank and make…

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Understanding the emotion of the markets is just as important as getting a handle on the fundamentals. Here are my top strategies to cope with volatile sharemarkets: Don’t panic Stay calm. Get some good sound advice from a stockbroker, financial planner or wise investment savvy friend or relative. Never forget markets are simply a collection…

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This was an important week for the Single Touch Payroll initiative – by September 30, 80% of small business employers were to digitally start reporting their payroll to the ATO. And that’s why this time, in his weekly Facebook Live session, David Koch was joined by Xero’s Head of Industry, Matthew Prouse. Together, they answered…

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As part of their annual tax refund, around 700,000 taxpayers claimed almost $2 billion of ‘other’ expenses including non-allowable items such as dental costs, child care, private vehicles and even Lego sets.  One particularly charitable taxpayer tried to claim for a car purchased as a gift for their mother. While the ATO appreciated the sentiment,…

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A few years of stellar returns has convinced many people that investing in property is a sure thing....

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How are your parents’ finances?

It’s a funny thing when you realise that your parents are old. It makes you reflect on their...

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Make Money Fast

7 ways to make extra money… fast   Everyone has a moment of financial desperation. An unexpected big...

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