Superannuation can be one of the most baffling topics when it comes to managing our finances so let’s relate looking for the right fund to something that might be more enjoyable – buying a new car. What do you look for? Size and speed The engine of...
Getting your Finances Under Control No.5 Invest In Your Home Owning your own home provides security for you and your family and home ownership is the aspiration of most Australians. Home ownership also delivers favourable tax concessions in that any gain we achieve on the sale of our...
Getting your Finances Under Control No.7 Invest In Yourself One way of building wealth is to increase our capacity to earn. To achieve this is to be willing, irrespective of our age, to increase our knowledge and skills through continuing education and training. Many people expect their employer to...
Getting your Finances Under Control No.6 Protect Yourself and Your Assets We all understand how important it is to insure our possessions, be it our home and its contents, our car and the like. But how many of us have adequate insurance on our life and our ability...
Getting your Finances Under Control No.4 Protect Your Capital In order to protect our savings from loss, care must be exercised to ensure the security of our principal. Before investing, understand the associated risks and, if the risk is unacceptable, look for a more suitable alternative. Take advice from...
Getting your Finances Under Control No.2 Manage Expenses We all have expenses that need to be met in order to live, including food, housing, clothing and transport. But many of us spend unnecessarily on “other stuff”. This is what we call discretionary spending and it often consumes most, if not...