Category Archives: Personal Finance
Why the interest in index funds?
Index funds have gained popularity due to their low fees, tax efficiency, and reliable returns. This article explains what index funds are, their advantages and disadvantages, and why you should consider speaking to your financial planner about them. Continue reading
Posted in Active Investing, Financial Planning, Index Investing, Investment Strartegies, Market Trends, Personal Finance, Wealth Management
Tagged Active Funds, ETFs, Financial Planning, Index Funds, Investment Strategies, Low-Cost Investments, Market Indices, Mutual Funds, Passive Investing, Tax Efficiency
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How to go broke trying to get rich quick
Can you really get rich quickly? This article explores various legal and illegal investment opportunities promising big returns in a short time, detailing the risks involved and the importance of seeking professional advice. Continue reading
Posted in Financial Health, Investment Strartegies, Personal Finance, Risk Management, Wealth Building
Tagged Capital Gains Tax, Cryptocurrency, Financial Planning, Gambling, Gearing, Get-Rich-Quick Schemes, Investment Risks, Ponzi Schemes, Professional Advice, Pyramid Schemes
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The female investor
Discover how women are transforming the investment landscape. This article explores the rise of female investors, their unique approach to portfolio building, and the support networks helping them succeed in the financial world. Continue reading
Posted in Financial Health, Investment Strartegies, Personal Finance, Retirement Planning, Women's Empowerment
Tagged Female Investors, Financial Education, Financial Planning, Gender Pay Gap, Investment Strategies, Retirement Planning, Stock Market, Wealth Management, Women in Finance, Women's Empowerment
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You might be surprised at what really drives interest rates
This article explains the factors that drive interest rates, including the roles of the RBA, APRA, and external economic influences. Learn how these factors impact your mortgage and financial planning decisions. Continue reading
Posted in Economic Insights, Financial Health, Financial Planning, Mortgage and Loans, Personal Finance
Tagged APRA, Australian Economy, Banking Regulator, BBSW, Economic Health, Financial Planning, Fixed Rate, Inflation, Interest Rates, Mortgage rates, RBA, Variable Rate
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Six steps to mastering your debt successfully
With Australian households being one of the most indebted in the world, this article explains six key steps to quickly get your cash flow back in the black. Learn how to manage your debt effectively and build a more secure financial future. Continue reading
Posted in Budgeting, Debt Management, Financial Health, Financial Planning, Personal Finance
Tagged Australian Households, Budgeting, Cash Flow, Debt Management, Debt Reduction, Financial Advice, Financial Planning, Financial Stress, Mortgage Stress, Personal Finance
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As interest rates rise, so does the risk of losing your home
With housing prices soaring and mortgages growing, have you considered what may happen when interest rates increase? This article discusses how even a small rise in interest rates can impact your budget and what steps you can take to prepare yourself financially. Continue reading
Posted in Budgeting, Debt Management, Financial Health, Financial Planning, Home Ownership, Personal Finance
Tagged Budgeting, Cost of Living, Debt Management, Financial Advice, Financial Planning, Financial Stress, Home Loans, Housing Market, Inflation, Interest Rates, Mortgage Review, Mortgage Stress, Savings Strategies
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Avoiding an inheritance headache
This article follows the journey of a grieving daughter, Judy, as she navigates the complex process of sorting out her mother’s estate and utilizing her substantial inheritance. From legal requirements to financial planning, discover how Judy manages to turn a challenging situation into a pathway to future security. Continue reading
Posted in Estate Planning, Financial Planning, Legal Advice, Personal Finance, Support Services, Tax Strategies
Tagged Asset Management, Capital Gains Tax, Estate Planning, Family Home, Financial Advice, Financial Planning, Grieving Process, Inheritance, Investment strategy, Legal Advice, Personal Finance, Superannuation, Tax Implications
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End of Financial Year 2024 Tips
Get ready for the end of the financial year with these handy tips and opportunities. Ensure you make the most of your super contributions, manage your tax, and plan ahead for the new financial year. Continue reading
Posted in Financial Health, Financial Planning, Personal Finance, Retirement Planning, Tax Strategies
Tagged Budgeting, Centrelink, end of financial year, EOFY 2024, Financial Planning, Income Streams, Investment Strategies, Personal Finance, Retirement Planning, super contributions, Tax Deductions, tax tips
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Dealing with Redundancy
Facing redundancy can be a challenging and emotional time. However, with careful planning and understanding of your redundancy payments, you can turn this situation into an opportunity. This article outlines the steps to manage redundancy payments, tax implications, and how to use this windfall for future financial security, including debt repayment, savings strategies, and investments. Continue reading
Posted in Career Development, Financial Health, Financial Planning, Personal Finance, Support Services, Tax Strategies
Tagged Career Change, Centrelink, Concessional Tax Treatment, Debt Repayment, Early Retirement Scheme, Employment Termination Payment, ETP, Financial Advice, Financial Planning, Financial Windfall, Genuine Redundancy, Income Support, Investment, Job Loss, Redundancy, Redundancy Payments, Reskilling, Retirement Planning, Retraining, Savings Strategy, Tax-Free Amount, Taxation, Unused Leave Payments
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Understanding Centrelink Concession Cards
Centrelink offers several concession cards to help reduce medical and pharmaceutical costs, along with other discounts. From the Pensioner Concession Card to the Commonwealth Seniors Health Card, understanding the different types of concessions and eligibility requirements can help you make the most of these benefits. Ensure your financial well-being by staying informed about your entitlements and how to apply for them. Continue reading
Posted in Community & Engagement, Financial Health, Financial Planning, Personal Finance, Retirement Planning, Support Services
Tagged Age Pension, Carer Payment, Centrelink, Commonwealth Seniors Health Card, Concession Cards, CSHC, Disability Support Pension, Eligibility, Federal Government Concessions, Financial Advice, Financial Support, HCC, Health Care Card, Income Thresholds, JobSeeker Payment, LIHCC, Local Government Concessions, Low Income Health Care Card, Medical Discounts, MyGov, PCC, Pensioner Concession Card, Pharmaceutical Discounts, Private Business Concessions, Retirement Planning, State Concessions
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