The first ingredient of a realistic and achievable financial road map is to build a solid financial foundation. Insurance, also called protection, is the one of the critical components to your financial foundation - after paying off lifestyle debts and building an emergency fund. Insurance is...
Whatever your goals – whether saving for a house, putting the kids through private school, or ensuring you’re comfortable in retirement – you must start with a sturdy foundation. That’s why Map My Plan’s financial roadmap begins by building that foundation. We map out your plan...
Few of us are naturally enthused by the idea of rolling up our sleeves and undertaking an intensive deep clean, whether it be of our desk drawers or downloads folder. We’re more likely to procrastinate than organise our lives. All too often we let pesky distractions get...
When starting retirement phase pension accounts, SMSF professionals and their clients should think carefully about how it might impact the amount of death benefit pension that their children will be able to receive, says a technical expert.
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It’s safe to say budgeting sounds boring; just the thought of having to give up luxuries like gigs, thrice-daily coffees and extravagant meals has us bristling. But is there a way to have a party lifestyle and still save money? Well, apparently so. Caitlin Fitzsimmons, Money Editor...
Given you don’t have to spend much time with your tenants, you may think it’s not important who they are. If they pay their rent on time, they’re ok – right? Not quite. Good tenants can actually mean the difference between a high and a low-performing...
Despite the recent cut to official interest rates, an update in the ATO’s superannuation rates and thresholds indicates that the minimum interest rate for SMSF loans under the safe harbour terms will increase for the 2019–20 financial year.
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Confused about the ins and outs of mortgage refinancing? There are two key considerations when you’re looking at taking the step – why and how. Here, we examine both. A home loan is generally a long-term proposition, but in some situations it can be suitable to...
Whatever your age, if you’re thinking of dabbling in investments like shares, managed funds or cryptocurrencies, here’s a list of common mistakes which are generally worth steering clear of. 1. Failing to plan When looking to invest, it’s generally wise to think about: your current position and how...
When approaching retirement, you’ll want to do everything in your power to make the process as relaxing & rewarding as possible. One way you can do that? By reviewing your current health insurance policy. If you’re wondering why, let us explain. Any rewarding retirement is...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.