Steps to take when a loved one dies
Losing a loved one can be a devastating time, and it’s made all the more difficult if it falls to you to handle all the death-related admin. As executor, you have the unenviable task of rounding up assets, notifying organisations, and making sure debts and any other loose ends are sorted. Here’s an overview of […]
Pre-retirement checklist: Questions to ask before you make the jump
While there’s an excitement to not knowing what your post-work years have in store for you, chances are you don’t want to put a foot wrong. That’s why the lead-up to retirement is so important — it’s a time to reflect on what you want in the years ahead and ask yourself if you’ve done […]
Money tips every woman should consider before getting divorced
By Vanessa Stoykov Divorce can be one of the most challenging times of your life, both emotionally and financially. After years of helping people understand and improve their money mindset, I’ve seen how crucial it is for women to grasp key financial principles before taking this life-changing step. Financial security is your greatest asset during […]
Are you in the retirement risk zone? Understanding sequencing risk
There’s no telling how the market will perform in a given year. While many investors like to consider themselves expert prognosticators, the market operates according to whims that are difficult to accurately predict. But all the ups and downs you learned to live with throughout your working life become much more consequential as you approach […]
The biggest risks to your super and how to manage them
It’s common for older Australians to feel anxious about running out of money. After all, you’re particularly vulnerable to shocks as a retiree because the pool of money you’re drawing from isn’t benefiting from regular top ups by an employer. Below, we outline some of the biggest threats to your retirement savings, as well as […]
Cash flow principles to live by
Just as companies monitor the net flow of cash to ensure bills are paid, profits remain high, and investment opportunities aren’t missed, individuals that track and categorise their spending often find they’re better equipped to manage their money. Below, we explore a few important cash flow lessons and how they might empower you to improve […]
Life events that should trigger a review of your insurance
Most Australians have life insurance through their super fund. While this can be a cheaper and more convenient option than purchasing a standalone policy, the bundling of the two often leads us to think that our insurance doesn’t need attention, let alone active management. But your insurance doesn’t have to be set-and-forget. In fact, there […]
How to reset your finances after a setback
Most people will experience a financial setback at some point in their lives. But there are some events that can turn your world on its head and force you to start over. That might include job loss, relationship breakdown, illness or injury, or even a natural disaster. Adjusting to life after a dramatic turn of […]
How to deal with financial envy (and harness it for good)
On some level, most of us understand that there are more important things in life than money. But it can be hard to keep things in perspective when your neighbour is splashing thousands on their reno or regularly dashing away to their holiday home in Europe. The occasional twinge of jealousy might be nothing to […]
Ways your home can help fund your retirement
Many Australians enter retirement with a lot of their wealth tied up in their home. Income sources like superannuation and the Age Pension can be helpful, but sometimes they fall short of what you need to secure the lifestyle you want. One solution is to put your current home on the market and downsize to […]
Will you need to sell your home to fund aged care?
As you or your parents grow older and the realisation that some form of aged care may be needed starts to set in, it’s easy to find yourself worrying about the cost. After all, such a service — accommodation, nurses and support staff, and regular meals and activities — can’t come cheap. But is it […]
Passive vs active investments: Which comes out on top?
There are plenty of different investment types to choose from, but one of the more important distinctions you’ll encounter is between passive and active investments. Below, we explain what they are and how they might fit into your overall strategy. How do active investments work? Active investments, as the name suggests, are those where someone […]
