Category Archives: Support Services
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
Comments Off on Cybersecurity – Identity theft and prevention
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
Comments Off on Avoiding an inheritance headache
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
Comments Off on Dealing with Redundancy
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
Comments Off on Understanding Centrelink Concession Cards
Financial recovery: should you DIY or outsource your debt management?
Australia’s average household debt rose to $261,492 in 2021-22, while disposable income grew modestly to $139,064. With rising debt levels, interest rates, and living costs, many Australians are turning to debt management companies for help. These companies offer services like debt consolidation and creditor negotiation but come with their own set of pros and cons. Alternatively, DIY strategies such as budgeting, negotiating repayment terms, and seeking government assistance can be effective. Understanding your options and taking proactive steps are crucial for financial recovery. Continue reading
Posted in Credit and Loans, Debt Management, Economic Insights, Financial Health, Financial Planning, Financial Wellness, Personal Finance, Support Services
Tagged Australia, Budgeting, Cost of Living, Credit Cards, Credit Score, Debt Consolidation, Debt Management Companies, Debt Management Fees, Debt Reduction, Debt Repayment Prioritization, Debt Statistics, Disposable Income, DIY Debt Management, Financial Assistance, Financial Counselling, Financial Difficulty, Financial Literacy, Financial Recovery, Financial Stress, Government Assistance, Household Debt, Income Fluctuation, money management, Moneysmart, MyGov, Negotiating with Creditors, Outsource Debt Management, Repayment Plan, Rising Interest Rates, Spending Plan, Structured Payment Schedule
Comments Off on Financial recovery: should you DIY or outsource your debt management?
When to Seek Financial Counselling: A Guide for Navigating Financial Challenges
When to Seek Financial Counselling: A Guide for Navigating Financial Challenges Financial challenges can affect anyone, regardless of age or profession. Whether you’re managing cash flow issues, struggling with debt, or facing financial hardship, it’s essential to know that help … Continue reading
Posted in Community & Engagement, Financial Health, Financial Wellness, Lifestyle & Well-being, Spiritual Perspectives on Wealth, Support Services
Tagged Budgeting Assistance, Centrelink Payments, Credit Counseling, Credit Solutions, Debt Helpline, Debt Management, Economic Hardship Resources, Emergency Financial Aid, Financial Assistance Australia, Financial Counselling, Financial Hardship, Financial Literacy, Financial Planning Help, Financial Stress Relief, Financial Support Programs, Financial Well-being, Free Financial Services, Managing Financial Obligations, Money Care Services
Comments Off on When to Seek Financial Counselling: A Guide for Navigating Financial Challenges