5 Common financial mistakes people make in their 40s

Tradie works on a main road

The 40s are, for many people, a critical decade for building wealth. Income is usually on the rise, but so are expenses such as mortgages and school fees. Juggling priorities can be a real challenge, and mistakes made in this stage of life can have a large bearing on the size of your future fortune. […]

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Making interest-free deals work for you

Coins stacked with a clock in the background

They have been around for decades but interest-free deals can still be confusing and costly when not managed correctly. Excitable advertising can make these offers almost too good to refuse, particularly with longer terms applying to higher levels of finance. For example, to get five years’ interest-free on purchases from some retailers, the minimum spend […]

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New rules for credit cards: what do they mean for you?

A man hands over a credit card to a woman

The name John Biggins may not sound familiar, but the banking industry has much to thank him for. Mr Biggins, a Brooklyn banker, was the brains behind the very first credit card in 1946. Known as the Charg-It card, it led to Diners Club membership cards and store cards, revolutionising the way everyday people shopped. […]

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Retirement: It’s time to get busy living!

A man sits on a beach chair with his dog

Many people eagerly anticipate retirement. Others view its approach with trepidation, worried over how they’ll fill their days. Bob retired from work in his early sixties and, deciding he was way too young to retire from life, downsized his suburban home for a country lakeside retreat. He bought a little boat, adopted a shelter-dog and […]

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Millennials & Money – your unique needs

Two young friends sit on a lounge and smile

If you entered the world between 1980 and 1996 you’re part of the “millennial generation”. You’ve grown up in an age of unprecedented abundance and incredible technical innovation, and as a group, enjoy a greater wealth of opportunity – professionally, socially and recreationally – than any previous generation. Many goods and services have never been […]

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A different way to help the grandkids

Grandparents hold their grandkids

Many grandparents want to give their grandchildren a head start in life, and a common way to do so is to help by paying some (or all) of their school fees. This can, of course, simply be done by making a contribution at the time the fees are payable. However, it’s not unusual for grandparents […]

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You CAN save a million dollars!

Money in a case

One of the most common questions I’m asked as a financial adviser is “will I have enough to retire?” It truly is the sixty-four thousand dollar question and if $64,000 was the answer, we’d all be on easy street!   With so many variables involved, there is no set answer, but these days with many […]

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What does a good adviser do?

Meeting with an advisor

Some people may think that a financial adviser’s role is to forecast the direction of the share market from month to month and invest clients’ money accordingly.   This is not the reality, of course. Investments are only one small part of what your financial adviser can provide for you. Some of the key areas […]

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9 Tried and true money tips

Light bulb sitting on a chalk board with the outline of a thought cloud

Life gets so busy and the months soon roll into years when suddenly you find that your finances are off track and you’re nowhere near achieving your goals. Instead of thinking it’s all too hard take a few moments to review the following tips. Set your goals using the S.M.A.R.T. principle: Specific: What exactly do […]

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When is a law not a law?

Senate

When governments propose changes to laws, many people mistakenly believe that law is already in place. On the contrary, the path from proposal to law is not as straight-forward as you might think. When an unpopular or contentious bill is announced, perhaps because of the attention it receives from the media, everyday Australians are sometimes […]

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