Personal finance Archives - Your Money & Your Life

Mature couple reviewing investments and financial information on a laptop and tablet at home

Global private credit v Australian private credit: Are you missing the bigger opportunity?

Rebel Wylie - May 22, 2026 3 MIN READ

Many Australians already invest in global markets through shares and superannuation, but when it comes to income-focussed investments, portfolios often stay much closer to home. Here’s why some investors are starting to look further afield. For many Australians, generating reliable income from investments has become increasingly tricky. On one side sits the relative stability of… Read more »

Your Money

Questions to ask when building your money dream team

Ben Nash - December 20, 2024 4 MIN READ

Edited extract from Virgin Millionaire: The step-by-step guide to your first million and beyond by Ben Nash (Wiley, $34.95), available at all leading retailers. There are some people you’re going to need to help you on your money journey, while there are others you might want. Enlisting the support of the right people can help… Read more »

Your Money

Watch out! Scams drive a big rise in financial complaints

David Koch - August 2, 2024 < 1 MIN READ

Financial scams are rife these days. Just look at the official complaint figures … You may not be aware that there is The Australian Financial Complaints Authority (AFCA) with an Ombudsman that tries to follow through with consumer complaints about the financial sector. In the last financial year disputes reaching the Ombudsman service rose a… Read more »

Your Money

4 strategies to improve your borrowing power

David Koch - October 27, 2023 2 MIN READ

Borrowing power has plunged over $260,000 for some Australian families, trapping many mortgagees that can’t qualify for better rates, and hampering house hunter hopefuls. Lenders have been far more cautious in an effort to offset the risk of recession and higher rates that could impact long-term serviceability. Fixed rate borrowers who have just had their… Read more »

Australians among the wealthiest in the world

Your Money

Perspective: it feels tough but we’re in good shape

David Koch - October 20, 2023 3 MIN READ

The economy is slowing, inflation is still too high, it has never been harder to balance the family budget and loan repayments are sky high… but the average Australian is still one of the wealthiest, if not THE wealthiest, people in the world. I always enjoy reading James Kirby in The Australian newspaper and during… Read more »

Your Money

What’s worrying Aussies the most?

David Koch - September 15, 2023 3 MIN READ

Research from Compare the Market’s new Household Budget Barometer has revealed the nation’s surprising financial fears for the next 12 months. According to the report, the cost of groceries, energy and fuel are the bills that Australians believe will cause the most pain in the next year. In fact, a whopping 66.4 per cent of… Read more »

Shop around to get the best deal on everything

Your Money

How to shop around and get the best deal on everything

David Koch - August 18, 2023 5 MIN READ

I know you’re sick of me always saying you need to constantly shop around for the best deals on everything. But it’s so important. Those who have been following me for a while know my wife Libby is the world’s best when it comes to household finances… she has managed ours ever since we were… Read more »

Financial abuse in the elderly is rampant in Australia.

Your Life

Financial abuse is insidious and rampant – take steps to protect yourself

David Koch - June 16, 2023 3 MIN READ

Financial abuse is a powerful and dangerous form of intimidation which is a lot more common is Australia than you think. Wednesday was World Elder Abuse Awareness Day with older Australians being encouraged to stay alert for the warning signs of financial abuse and scams, coinciding with new CommBank research which found this age group… Read more »

Your Life

How to be a money minimalist

Glen James - December 1, 2021 2 MIN READ

Being a money minimalist will help you stay focused and avoid taking on unnecessary financial burdens. In this wild world where we have a heap of financial opportunities and options, it’s important to think strategically about how to invest your time and money. It’s not about how much stuff or money you have, but how… Read more »

Your Business

You need these two things for major success

The Hip Pocket - November 15, 2021 2 MIN READ

There are two things you need to be successful: the right place and time and the right attitude. There’s a lot to be said for being in the right place at the right time. Whether it’s meeting a new love, being introduced to a future employer or just scoring a free drink, timing can be… Read more »