How are your money habits? Are they making or breaking your financial goals? Good money practices help you achieve your financial goals, and they can include: Keeping a monthly budget to track your spendings Saving regularly Prioritising “needs” above “wants” Creating an emergency fund for unexpected spendings Saving for retirement Find smart ways to manage […]
Financial Lessons From The Super Wealthy
Can you learn valuable financial lessons from the super wealthy? Or should I start with asking you: Do you want to be wealthy? Of course you do. Some say the secret lies in taking small, responsible steps in the right direction. Others may argue that wealth has more to do with mindset. What is the […]
How Much Do You Know About Capital Gains Tax (CGT) Concessions?
Are you selling your small business? You may qualify for a range of capital gains tax concessions. These capital gains tax (CGT) concessions help you reduce the taxable capital gain associated with the sale. What does this mean? It could mean more money for you. Let’s take a look at the criteria that could get […]
Do You Talk About Money In Your Family? Three Reasons To Do It
How often do you talk about money with your family? Most people shy away when it comes to the topic of money. I know money can be quite an emotional and sensitive topic for many people. Why do people avoid to talk about money? I’ve heard so many reasons for avoiding money-talk such as: “If […]
How Much Do You Know About Goals-Based Investing?
Is your investment centred around an overall goal? What are you aiming for with your investments? When it comes to your wealth, there are multiple ways by which you can secure your financial freedom. The truth is, basing your wealth solely on a savings plan will only get you so far. The most tried and […]
What Is Your Share Investment Style?
Have you ever wondered why people choose to invest in shares? Usually, there are two main reasons: They expect the share price to go up They expect the shares will earn them income Apart from these reasons, there’s also the issue of your ‘share investment style’ which can influence your investment decisions. Let’s find out […]
Can You Identify The Warning Signs Of Pyramid Schemes?
Pyramid schemes; they often sound like a profitable investment idea but are almost always too good to be true. Why are pyramid schemes so tempting? Pyramid schemes promise instant wealth. More often than not, these schemes look extremely appealing to people who are looking for a quick way to make money. The reality is different, […]
Are Multiple Super Accounts A Good Idea For Your Wealth?
Regardless of your current age, retirement is something you want to start preparing for as soon as you can. So, what’s your super plan like so far? [ctt template=”7″ link=”EF5df” via=”no” ]Having multiple super accounts can impact your wealth. Those impacts are noticeable in your superannuation statement.[/ctt] Having multiple super accounts can impact your overall […]
Why Is Your Home Your Castle?
When thinking about your personal wealth, what are some of the things that first come to mind? You may think about your savings, wise investments, or even paying off large amounts of debt. These can be considered ways of accumulating wealth. But have you thought about your family home? Have you considered your house as […]
