Category Archives: Consumer Behavior
The two systems investors use in making decisions – Vanguard Report
Reflect on the profound influence of the late Daniel Kahneman, a pioneer of behavioural economics, and his insights into how we make investment decisions, highlighting the importance of understanding biases and decision-making systems. Continue reading
Posted in Consumer Behavior, Financial Planning, Investment Strartegies, May Vanguard, Personal Finance, Vanguard Insights
Tagged Behavioral Economics, Behavioral Finance, Daniel Kahneman, Decision Making, Financial Planning, Investment Decisions, Investor Psychology, Prospect Theory, Vanguard
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Fin-fluencer or financial adviser
Kim Kardashian’s fine from the SEC for promoting cryptocurrency without disclosure highlights the risks of following ‘fin-fluencers’. Research shows that professional financial advice significantly improves investment outcomes. Learn why relying on experienced financial planners is crucial for securing your financial future. Continue reading
Posted in Consumer Behavior, Economic Insights, Financial Literacy, Financial Planning, Financial Wellness, Investment Strartegies, Legal Advice, Personal Finance
Tagged Cryptocurrency, DIY Investing, Financial Goals, Financial Markets, Financial Peace of Mind, Financial Planning, Finfluencers, Investment Advice, Kim Kardashian, Long-term Strategy, Professional Advice, Queensland University of Technology, Risk Management, SEC, Vanguard Investments
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Cybersecurity – Identity theft and prevention
The alarming increase in identity theft and scams highlights the importance of cybersecurity. This article provides essential tips to protect your personal information and prevent identity theft, along with steps to take if you suspect your identity has been stolen. Continue reading
Posted in Consumer Behavior, Cyber Security, Financial Health, Financial Wellness, Personal Finance, Support Services
Tagged Cybersecurity, Data Breach, Financial Security, Fraud Prevention, Identity Theft, Internet Safety, Online Privacy, Online Safety, Personal Information Protection, Scams
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Breaking free from living pay-to-pay
An alarming number of Australians are living paycheque-to-paycheque. This article explains how poor money management leads to cashflow issues and provides advice on breaking the pay-to-pay cycle and getting your finances under control. Continue reading
Posted in Budgeting, Consumer Behavior, Debt Management, Financial Planning, Personal Finance
Tagged Budgeting, Cashflow Management, Cost of Living, Debt Reduction, Financial Planning, Financial Security, Financial Stress, Gen Z, Millennials, Paycheque-to-Paycheque, Savings Strategies
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How happy are you: measuring happiness across countries and generations
The 2024 World Happiness Report ranks Finland as the happiest country for the seventh year in a row, while the USA drops out of the top 20 for the first time. Serbia and Bulgaria show the most significant improvements, climbing 69 and 63 places, respectively, since 2013. Rankings are based on people’s assessments of their quality of life, analyzed alongside factors like GDP, life expectancy, and perceptions of freedom and corruption. This year’s report also introduces age-specific rankings, highlighting significant generational differences in happiness and life satisfaction. Continue reading
Posted in Community & Engagement, Consumer Behavior, Financial Wellness, Lifestyle, Lifestyle & Well-being, Personal Finance, Spiritual Perspectives on Wealth
Tagged Adolescent Wellbeing, Age Group Happiness, Boomers, Bulgaria, Children Happiness, Corruption Perceptions, Dementia, Denmark, Finland, Freedom, Gallup, GDP, Generational Happiness, Generosity, Global Aging Population, Global Happiness, Happiness Rankings, John F. Helliwell, Jon Clifton, Life Evaluation, Life Expectancy, Life Satisfaction, Lithuania, Millennials, Quality of Life, Serbia, United States of America, Wellbeing, Wellbeing Research, World Happiness Report
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How having a flat tyre could send many Australians flat broke
The Australian Bureau of Statistics reports that the national saving ratio has plummeted to a 17-year low of 1.1% of total disposable income. Nearly half of Australians have less than $1,000 in savings, with 20% having no savings at all. This financial instability is causing significant stress, with 76% of respondents feeling strained by their current situation. The stark contrast between the average savings of $36,095 and those struggling underscores the divide. With many Australians living paycheck to paycheck, even minor emergencies like a flat tyre could push them into debt. Experts urge the importance of building a savings buffer and finding ways to reduce expenses and increase income to alleviate financial pressure. Continue reading
Posted in Consumer Behavior, Credit and Loans, Diversification, Economic Insights, Financial Planning, Financial Wellness, Lifestyle, Lifestyle & Well-being, Personal Finance
Tagged Australian Bureau of Statistics, Australian Economy, Australian Household Expenditure, Buy-Now-Pay-Later, Consumer Research, Cost of Living, Credit Cards, Disposable Income, Emergency Savings, Expense Reduction, Financial Advice, Financial Planning, Financial Stress, Finder’s Consumer Sentiment Tracker, Flat Tyre, Graham Cooke, High-Interest Savings Account, Income Streams, Investment Advice, Loans, Pay to Pay, Saving Ratio, Savings, Savings Buffer, Savings Goal, Super Savers
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Dozens of Australian businesses have gender pay gaps above 50%
Australia’s national gender pay gap stands at 12%, with men earning an average of $1982.80 weekly compared to $1744.80 for women. This disparity results in women earning 88 cents for every dollar earned by men, amounting to $12,376 less annually. The data, excluding overtime and junior or part-time employees, reveals significant state and industry variations. Western Australia shows the highest gap at 21.7%, while the lowest is in Tasmania at 5.4%. Efforts to bridge this gap continue, highlighting the ongoing need for gender equity in the workplace. Continue reading
Posted in Consumer Behavior, Financial Planning, Financial Wellness, Personal Finance
Tagged ABS, ACT, Australia, Australian Bureau of Statistics, Construction industry, employee earnings, full-time earnings, gender equity, Gender Gap Statistics, Gender Pay Gap, gender pay gap by state, gender wage disparity, industry pay gaps, men vs women earnings, Mining industry, New South Wales, Northern Territory, private sector, Professional services, Public Administration, public sector, Queensland, Safety, salary comparison, South Australia, Tasmania, Technical services, Victoria, wage inequality, WEGA, Western Australia, Workplace Gender Equality Agency
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Trend following in crises
In times of market turbulence, trend-following strategies can offer valuable diversification for investment portfolios. Winton’s latest article delves into how these strategies perform during major equity drawdowns and the challenges faced by Commodity Trading Advisors (CTAs) in providing “crisis alpha.” … Continue reading
Posted in Active Investing, Consumer Behavior, Financial Planning, Investment Strartegies
Tagged Asset Management, Financial Planning, Market Trends, Trend Following, WealthManagement, Winton Global Alpha
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8 tips to save money on your bills
8 tips to save money on your bills We work hard to earn our income and even harder to save it to achieve our dreams. Even a few dollars saved on different types of bills over the years can compound … Continue reading
Posted in Consumer Behavior, Financial Health, Financial Planning, Getting Started, Personal Finance
Tagged Annual Payments, Automated Bill Payments, Bill Management, BNPL Services, Budgeting Strategies, Cashflow Management, Credit Card Usage, Debt Consolidation, Expense Tracking, Financial Advising, Financial Goals, Insurance Shopping, Money-Saving Tips, Personal Finance, Recurring Expenses, Refinancing Home Loans, Service Benefits, Smart Financial Habits, Subscription Management
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