One in four adults are not able to set aside money to save. Australians have identified the cost of debt repayments, bills and everyday expenses as their greatest challenges to saving money. 25 per cent of the adults surveyed by NAB late last year said that these...
Education is the gift that keeps on giving. If you are considering a private school this article is for you as we discuss how to save for your child's education. Education is the gift that parents can give their children that keeps on giving. But if you...
Giving Australians better access to high-quality and more affordable financial advice is imperative. One of the fundamental principles for achieving long-term investment success is planning. In fact, the importance of having a clear financial plan, whether it’s formal or informal, can’t be overstated. As is the importance...
The CBA’s resident expert on behavioural economics has said that tech can be a double-edged sword when it comes to keeping good financial habits. Learning good financial habits is almost as important as breaking bad ones, and technology has become a bigger part of the toolkit that...
A comfortable retirement looks different for everyone, but most investors share some common goals. We've broken those down into four key categories to help you start planning today. Envision your ideal retirement: Are you relaxing on a beach? Starting a new hobby? Or finally taking that...
What is the 70-20-10 rule for budgeting? If you’re looking for a simple way to manage your money each month, this strategy can be a good start to achieving financial stability. While most people agree that budget planning is important to attaining financial stability, sticking to...
Some Australians found lockdown an opportunity to get better about saving money, but holding on to those habits takes work. With Australia’s economy poised for reopening, it’s important that consumers don’t lose those good budgeting habits they picked up during the pandemic. According to Schroders Global Investor...
Commonwealth Bank has reported that the total balance in savings accounts and term deposits has actually risen by 5 percent over January to July 2020. Total household income grew by 11 percent a year between January and August 21 2020. While wages haven’t increased significantly, government benefits...
If you’re losing sleep over looming bills, scared to check your bank balance before payday, or feeling stretched living week to week, these may be signs that your financial health is negatively impacting on your personal health, writes Bryan Lee. The first step to taking back...
Australians approach saving money in different ways, but three in five aren’t satisfied with their current financial situation. Data released by the National Australia Bank (NAB) has suggested there are four dominant mindsets found among Australians when it comes to handling their money. NAB’s research distinguished between dollar-stretchers,...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.