Parents often refer to their children as their ‘pride and joy’ and there is no doubt that becoming a parent can be a profound, life changing experience, which is just as well because the cost of raising a child is often greater than expected –...
Bringing your spending under control can sometimes feel daunting. Here are some ways to start. More than a few titans of the finance world have suggested that earning money isn’t the hard part. Keeping it is. Speaking to nestegg, 86 400 CFO Belinda Hogan shared a few...
Australians looking to work towards financial freedom are embracing a new approach. Younger generations are putting their own spin on the traditional wealth-creation journey through a new push towards financial wellness. Wisr chief strategy officer Dr Lili Sussman told nestegg that financial wellness is a multifaceted and...
Money is remaining a taboo subject for Millennials, which is leading to poor saving habits, a big four bank has revealed. Survey data released by CommBank showed that 61 per cent of Millennials do not have a regular savings plan and wish they could have more...
The past 12 months have been a challenging time for many of us on a personal level, with the pandemic having a far-reaching impact on so many aspects of our lives. While the Australian economy is proving remarkably resilient, personal finances have been affected in...
Superannuation has provided most fund members with stellar returns since last year’s COVID lows. As always though, some funds performed better than others and recent government reforms make it easier to find out how your fund compares. Indeed, you may have noticed recent media reports naming...
The Retirement Income Review (RIR) noted that many retirees leave large bequests and they would have enjoyed a higher standard of living in retirement if only they had spent some of their capital, not just the income from their investments. Planning cash flow in retirement is...
The expectations of Australian investors remain high, despite the circumstances. While the behavioural implications of COVID-19 are likely to be studied for decades to come, early data suggests that the pandemic had a big impact on the financial attitudes of investors. According to research released as part...
If so, you may wish to hold off until April 2022 - so you can benefit from the changes to the downsizer superannuation contribition rules which take effect on July 1st! Currently if you downsize your home and you are over age 65, then you (and...
Self-managed super funds have a lot to offer younger Australians looking for greater control over their financial future. Growing awareness of what self-managed super funds (SMSFs) can offer is catching the attention of younger Australians. New data released by AUSIEX has suggested that Gen Y, millennials, and...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.