A guide to active and passive investing
Investment funds can be broadly split into two categories – active and passive. And while both options play a part in an investment portfolio, it’s important to understand how each …
Why financial wellbeing is a pillar of good health
When we talk about financial wellbeing, what do we mean? More than just earning an income, financial wellbeing is about having financial security and the freedom to make choices. There …
Term deposit vs savings account
Putting your money into a savings account, or in the alternative, a term deposit, are two common methods of saving. Working out whether either of these options are right for …
Give yourself a new financial year check-up
Financial year 2019-20 is now behind us and there’s nothing like closing a chapter to inspire thoughts of a fresh start. But global challenges persist: Australia is officially in a …
5 common financial mistakes to avoid during a crisis
The economic impact of the COVID-19 pandemic is playing havoc with finances for many households. In an ideal world, the financial boost should be enough and assumes that everyone was …
Financial counsellor or financial planner: What’s the difference?
Ok we get it, knowing where to turn to for financial advice can be confusing sometimes! Financial planners and financial counsellors are both types of financial experts, so which one …
Five ways to help prepare your finances for a recession
If you think storms may lie ahead, it makes sense to prepare your craft for choppy waters. With Australia facing continued economic uncertainty, it may be time to take stock …
What tax deductions can I claim working from home?
According to the Australian Taxation Office, there are three ways to claim your home office running expenses. The actual cost method Under this method, your tax deductions include the actual …
Should you give your teenager a credit card?
We live in a culture of smartphones, WIFI, home delivery, online shopping and online gaming, where most needs and wants can be met almost instantly. With so much temptation to …
How seniors can come out of isolation on top
There’s no denying that staying home has been the best defence against Coronavirus. The less contact you have with other people, the easier it is to stay healthy. But staying …
Get on top of your finances post COVID-19
As lockdown restrictions begin to ease Australia-wide, a new normal is emerging for businesses and employees. While it’s too soon to say what the post-lockdown economy will bring, for many …
Essential apps for budgeting and saving money
Determined to master your money and stick to a budget in 2020? It doesn’t have to be boring or difficult if you keep it simple, and easier still if you let technology …
Early access not so super for women
The COVID-19 crisis has seen many Australians taking steps to stay afloat with their finances. With women more likely than men to withdraw super to make up the shortfall in …
Essential checklist for the end of financial year
The end of financial year on 30 June is a good time to take stock and get your finances in order. Being prepared, reviewing your super contributions and submitting your …
Staying afloat through the COVID-19 crisis
We’re dealing with a health crisis that no one in our lifetime has experienced, which is having an impact on global and domestic economies that no one could have forecast. …
Why it’s important to think about insurance ahead of retirement
Finding the right level of insurance cover is important when you’re thinking about retirement. If retirement’s coming up on your horizon, the impact of COVID-19 (Coronavirus) may have thrown a …
How to keep your head while keeping your distance
There are people who are better at the whole social distancing game than others. If you already normally work from home, for instance, you might be laughing into your elbow …
Digital payments and online banking explained
Face-to-face encounters have become less frequent in so many areas of our lives – and banking and shopping are no different. So, now’s an ideal time for older Australians to …