As your income has increased over time, you may have expected to have more cash flow and savings. What you may have found, however, is that the higher your income is, the more you’re spending. This is known as lifestyle inflation. Once you can afford nicer...
Australians are more likely to have surplus due to COVID-19 restrictions than to be actively saving money, a financial planner has said. According to results released by the Reserve Bank of Australia (RBA), households are now saving 5.5 per cent of their income. However, Creation Wealth senior financial planner...
As the COVID-19 pandemic continues to impact consumers, Australians are being urged to focus on spending less and saving more. Consumers can provide the principles of personal training to finance and budgeting to achieve greater results. There are so many things about money management that you don’t...
Portfolio construction is always a popular topic among investors, but as markets become more volatile, the practice of carefully piecing together a jigsaw of investments that weathers both good times and bad is particularly relevant.
...
A further rise in COVID-19 cases around the world is leading to questions about the need for another round of government-mandated lockdowns. Given that there are arguments for and against government lockdowns, we look at what the actual economic outcomes have been in both cases. The...
This year's Budget provides tax relief and financial assistance for many Australians, including low and middle income earners, business owners, young workers and social security recipients. We have prepared a short summary of the major initiatives for you to download and share: CLICK HERE TO...
Australians are becoming more engaged with their personal finances. It’s fair to say 2020 hasn’t quite panned out the way any of us thought it would. From local bushfires to a global pandemic it’s been a rollercoaster of a ride. But there’s growing evidence that Australians...
Renting isn’t often associated with retirement but it should be, because almost one in 10 Australians aged over 55 live in private rental accommodation. What many of those older renters may not be aware of, though, is that renting in a retirement community is a solution...
The COVID-19 crisis has been a wake-up call for individuals the world over to get their finances in order, with one financial advice provider noting a massive jump in new enquiries. Global financial advisory organisation deVere Group has reported a 24 per cent surge in new...
Advised clients are in a much better portfolio position during COVID-19 than their unadvised counterparts, according to an investment expert. The managing director of Wealth O2, Shannon Bernasconi, has explained how after a slow first month of the pandemic, “everything has picked up to even greater...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.