The three biggest drains on our money are paying for housing, food and transport; and there’s no getting away from the fact that it is unlikely we can live without any of the ‘big three’. Here we look at some ways of how to save on these items. Saving on rent in the Big Smoke…
Key Points: This is doubled by the fact that more and more scammers are utilising the current COVID-19 crisis to target people through phone calls and email phishing scams. It can be hard to differentiate between real or fake news, and genuine or false information in your emails and text messages. While technology is a…
The concept of retirement is changing, with fewer people working towards a final retirement date and then clocking off for good. Instead, those who have the flexibility to choose are often transitioning out of the workforce over several years, or even returning after a break. Whether you simply want to wind back your working hours…
The daily fees you will be asked to pay for residential aged care are based on your financial situation. But more and more providers are charging a fee for additional services, with the ability to set their own fees – so check what you are paying for. When living in residential aged care you will…
Artificial intelligence systems, and their ability to undertake often complex tasks in seconds, are increasingly gaining attention and user traction. Yet, when it comes to personal finances and investing, it’s evident humans definitely have the upper hand on AI. By humans, we’re talking about licensed financial advisers specifically – qualified, industry professionals able to deliver…
If money’s too tight to mention, here’s some small steps that can make a big difference in achieving your financial goals. How would you rate your level of financial wellness? Do you think you’re in a good position to meet your immediate and near-term financial obligations? What about your long-term goals? They’re tough questions asked…
Moving into aged care can be a challenging time, both for those making the move and families supporting their loved ones. It’s understandable that everyone wants to find the most suitable accommodation and the appropriate standard of care, however, it can be confusing to make that choice. A new star rating system for aged care is giving…
For many people, a retirement village may offer a great retirement living solution, especially when you find maintenance on a home more difficult or you want convenient social interactions. You can also access some personal care and home help support. But as your care needs increase, you might decide to move out of the retirement…
Getting more money into superannuation is a proven way of building wealth to spend in retirement. Ongoing contributions from your employer over the course of your working life, and potentially extra contributions made by you, can make a huge difference to your super balance over the long term as your account balance continues to grow….
Retirement is a phase of life most of us look forward to. It’s a chance to pursue other interests, travel and maybe do some part-time work or volunteering. Thanks to more than 30 years of compulsory superannuation, we are retiring with more savings than previous generations but that also brings its challenges. According to the…