Three-Minute Financial Check-up While the standard of living is constantly improving in Australia, economic disruptions, stagnant wage growth and house prices are putting more and more people under financial stress. A recent report by the social research group, the Melbourne Institute, ‘Taking the Pulse of the Nation’, found one in […]
Financial Success: More Than Just Money When discussing financial success, many people tend to use the terms “rich” and “wealthy” interchangeably. While being rich is often associated with having a lot of money or material possessions, being wealthy is about having financial abundance that is sustainable over the long term. […]
Don’t lose your home! Alternative ways to pay for aged care Anyone who has helped an elderly relative make the move into aged care knows that it can be a traumatic experience. It involves a move from the familiar – a home that a loved one may have lived in […]
Should I pay down my mortgage or invest? It’s always a good idea to regularly check in on your financial position, whether there’s been a significant change in your financial situation or not. And for those who find themselves with spare funds, it often raises the question, “Should I pay […]
The unmatched value of financial advisers in the AI age Digital advice is a hot topic at the moment, bringing with it the debate around human financial advisers potentially being replaced by ‘robo-advisers’. A client James, called into my office last week, explaining that his daughter was using an Artificial […]
Why you may never retire Millennials in Australia are facing an unprecedented challenge when it comes to planning for retirement. Many will never fully retire, as they will be unable to accumulate the necessary funds to support themselves for an extended period of time. With the cost of living steadily […]
What does it take to become a millionaire? Pssst! Want to be a millionaire? It may seem an impossible dream, but depending on your circumstances joining the ranks of the millionaires may be easier than you think. There are three key components to a successful savings strategy. The first is […]
Why millennials should be mapping their retirement today While millennials have for decades been treated like ‘the children of Neverland, who never grew up’, reality is fast catching up with this generation, who are now young adults between the ages of 24 and 40. Like generations before them, they are […]
To stay on track, it pays to look back Financial planning is, by its nature, forward-looking. What counts is where you are now and what you do in the coming months and years. That said; there’s good reason to pause and take a look over your shoulder to see how […]
Service your future regularly Most of us take for granted that we have to get our car serviced regularly. It’s not something we look forward to, but we know we have to do it – or it will let us down when we most need it. A regular review of […]