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 »
Financial family planning is perhaps the less ‘sexy’ side of starting a family, but it’s really critical if you want to raise a happy one. Your life changes in a big way when you have kids. Sleep becomes a luxury, diapers a daily ritual and seeing your children grow each day gives you more joy… Read more »
Balancing the family budget is one of the toughest tasks for any household. So, finding and fixing financial leaks will make it so much easier. It’s the great Australian squeeze: prices keep going up but wages growth isn’t keeping pace. No matter how tight a ship you try to run, there always seems to be… Read more »
I’d like to urge you – in the nicest possible way – to consider what will happen to your estate when you die. Yep, dead. Carked it. Fallen off the twig. I’m not being morbid or funny, but it is going to happen some time and often you don’t have any say in what happens… Read more »
One in four Australians have been the victim of identity crime at some point in their lives. It’s a scary stat, and the threat of identity theft is something we all need to be vigilant about. You may not think someone would want to steal your identity, but you’d be wrong. Details such as your… Read more »
Looking to set some financial goals? Remember, it’s all about a change in behaviours and creating achievable financial habits to get you there. Money doesn’t buy happiness but it can certainly help. And the key is building healthy financial habits. These are the daily, weekly monthly and yearly practises that you do without fail. After… Read more »
Making sure your kids get a great financial education can go a long way to helping them become successful as an adult. With a bit of luck, it could even make your kids rich. All parents are responsible for helping their kids learn the ways of the world. But while most of us are pretty good… Read more »
I’ve found it’s actually our basic psychology that pushes us to make bad decisions with money. But you can hack the system… The more research and work I do with people around money, the more I realise we’re actually hard wired to be unsuccessful. We’re destined for failure from the start and actually have very… Read more »
It may not feel like it but, it’s official, the average Australian has never been richer… on paper at least. Before I go through the figures, I should point out that Aussies are asset rich but cash poor. The value of their superannuation and houses have skyrocketed, but not their wages. That’s why you don’t… Read more »
No matter where you are in life, partnering with a good financial adviser will help to set and achieve your financial goals. But with over 15,000 advisers operating in Australia, finding someone with the right combination of trustworthiness and expertise can be tough. Here are five tips to get things started and give yourself your… Read more »
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