Estate planning mistakes that could leave your family in crisis
An estate plan is more than just a Will — it’s a comprehensive strategy for protecting your legacy and your loved ones. But crafting one can be a minefield of potential missteps, especially if you don’t have the right experts on your side. Below, we look at some common mistakes people make and what you […]
Ways to rewire your brain and take control of your finances
Whether you’re saving up for a home or you just want some extra breathing room in your budget, hitting your goals often starts with small changes to your daily routine. Below, we look at some of the healthy habits you might be able to forge to give your finances — and life — a boost. […]
Essential moves to make when interest rates drop
By Vanessa Stoykov When interest rates drop, it often sparks excitement, as people start thinking about lower repayments, cheaper loans, and extra cash flow. While it’s tempting to pocket the savings and treat yourself, a drop in interest rates presents an incredible opportunity to make smarter financial decisions that can set you up for the […]
Do you still have to worry about tax in retirement?
There are plenty of things you won’t have to worry about once you retire, but depending on your situation, tax might not be one of them. Below, we look at the various ways tax applies to your super, investment income, and other areas of your finances. Super withdrawals The good news is that super withdrawals […]
Prenups: What are they and when should you consider one?
Ideally, your life partner ends up being just that — a partner for life. But if things don’t go as planned and your relationship ends, it can help to have a plan for your assets that was drawn up during less stressful times. A prenup — or financial agreement as it’s known in Australia — […]
How to stop inflation derailing your retirement goals
The rising cost of goods has been a major concern for Aussie households for some time now. And while inflation in Australia seems to be coming down from its unnerving highs, many of us are still struggling to adjust. Inflation by itself isn’t necessarily a bad thing — in fact, low and predictable inflation is […]
Financial housekeeping tips to start the year on the right foot
Many people put off giving their finances an audit, often out of a lack of motivation, fear of what they’d uncover, or uncertainty about where to begin. But just like visiting the doctor to screen for any potential health issues, it pays to review your finances regularly so you can identify problems and get to […]
Gifting assets to your children: Here’s how tax applies
Thinking about gifting assets to your children? You might be hoping to give them a leg-up in life, or you might be in the middle of estate planning and looking to reduce the chance of conflicts breaking out after you pass away. Whatever the reason, it’s common for parents to give cash, cars, and even […]
How rewriting your personal money rulebook can set you up for success
By Vanessa Stoykov When it comes to money, most of us are walking around with a set of rules we didn’t even choose. These rules—unspoken, inherited, or reinforced by years of habit—often limit our ability to thrive financially. And here’s the real kicker: many of those rules were never built for the world we live […]
What to know before going guarantor on your child’s loan
These days, many Aussies are stepping in to help their kids get their home loan applications over the line. That often takes the form of cash gifts, but there are other ways to assist that don’t involve parting with your hard-earned savings, such as acting as a guarantor. Put simply, going guarantor means using the […]
Ways to help prevent claims on your estate
Estate planning is a delicate business, and despite your best efforts there’s always a chance things might take a turn for the messy after you’re gone. If one of your loved ones feels especially slighted, they might even decide to file a family provision claim. These can be drawn out, expensive, and — in the […]
How getting your insurance right can help your kids
For many people, the life insurance discussion only starts in earnest when children enter the picture. All of a sudden your world expands, your responsibilities multiply, and the question of how your family would cope without you becomes a very real concern. But how exactly can life insurance benefit your family — and your children […]
