Basics of Money Management
Money plays an important part in our everyday lives and making the most of what we have will help us live a life free of financial pressures. By learning some basic rules, you can make life easier for yourself and for those who depend on you. Here are my basic rules. Rule one. Don’t…
Trauma Insurance – Facts & Figures
Most people wouldn’t dream of driving without car insurance, or living in a house without home and contents insurance, so it is remarkable that the majority of Australians do not think about protecting their families through life insurance, in the event of death, accident or illness. With the incidence of cancer increasing year on…
This is now Australia’s most valuable brand
Woolworths has pipped Telstra to become the most valuable brand in Australia, valued at $11.8 billion. That’s according to brand valuation consultancy Brand Finance, which ranks the most valuable brands in the world and in Australia. The rankings are based on factors such as familiarity, staff satisfaction, loyalty, corporate reputation and marketing investment. The supermarket…
The five steps to clear your Christmas credit card
Whether or not you’re off the booze for January, or planning a Feb Fast, your financial hangover from Christmas could still be painful. Collectively we flashed the plastic for an estimated $28bn in December alone, with those who carry over debt – the average ‘revolver’ owes circa $6000 – incurring interest at a typical 18 per cent.…
How to travel for a year without going broke
Many Australians look out the office window on a long Tuesday afternoon, wondering if this is all there is. But a small minority do make it out of the rat race and travel the world, showing the rest of us that it’s possible to taste true freedom – if only for a while. The average…
Planning For Emergency Financial Situations
Emergency financial situations can happen to anybody and any financial arrangement exercise is not ideal without planning for such occasions. The whole idea of having an emergency fund is to offer a cushion against any unexpected expense. This will ensure it does not have any negative impact on your financial condition and does not rip…
5 biggest money worries causing anxiety among Australians
Australians are growing increasingly anxious about finances, and how to fund retirement tops the list of worries. According to NAB’s latest Financial Anxiety Index, our concerns about future spending and savings plans have risen from 57.8 points last quarter to 58.8 points. Financing retirement is the top driver of anxiety, followed by providing for your…
4 hobbies that will make you smarter
While intelligence can be a lottery based on your genes as well as your upbringing, that doesn’t mean we can’t all become smarter. I’m sure we all know of people from our childhoods who ended up running successful businesses when at school they didn’t seem that different from the rest of us. Sure, education would…
Budgeting In Your 20s: How To Get Started?
If you’re in your 20s, this is the right time when you can set an ideal stage for your life. To set yourself up for a bright future, you need to make the right financial decision and enjoy your life in a hassle-free manner. For securing a stress-free retirement, you should start building the solid…