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It’s around this time that Australians receive their annual statement from their super fund. For many people, there’s not much of interest beyond how well their super performed over the past 12 months. But there’s value in reading your statement in its entirety and asking yourself the following key questions.

HECS-HELP debt is considered by many to be “good” debt, since the government doesn’t charge interest and repayments only start once when you pass a certain income threshold. But balances are still indexed annually in line with inflation, and this year the indexation rate jumped all the way up to 7.1%.

Whether it’s our approach to saving and spending or our willingness to take on debt, psychology plays a big part in determining our relationship with money. Fortunately, there are plenty of ways you can shift gears mentally to get a better handle on your finances. Let’s take a look at just a few below. Set up […]

It’s normal to want your kids to be financially comfortable in life, but rising costs of living may be making that more difficult by the day. Factor in higher life expectancies than previous generations and your retirement savings might already be stretched too thin to lend your family any kind of financial support. If you’re […]

The Reserve Bank of Australia has been lifting interest rates at a rapid pace, quickly undoing its pandemic-era cuts and pushing rates to their highest levels in more than ten years. Each rate rise means higher mortgage repayments and more stress heaped on Australian households. But as painful as the RBA’s rate hikes are, it’s […]

When markets are volatile and spare cash is not flowing freely, setting aside money to invest in your future might not be a top priority. But continuing to invest, in whatever small way you can, can make good sense in the long run.

Most people put a Will in place and breathe a sigh of relief. It can feel like a big weight off your shoulders, a satisfying tick off the ‘to-do’ list. But did you know that your Will shouldn’t be ‘set and forget’? When your life circumstances change, your Will may need to change too.

There’s no denying that we’re living in interesting times. Unemployment is at historic lows in Australia and, off the back of a pandemic, consumers spent freely throughout 2022. Some economists have warned that high interest rates, combined with the falling real wages caused by high inflation, could cool the economy to the point of a recession in the second half of 2023.

With the cost of living rising, many of us are looking for ways to keep a lid on household expenses. If fuel is a major drain on your monthly budget, it’s only natural that you may be considering a switch to an electric vehicle (EV).

With 2023 well and truly upon us, it’s the perfect time to start afresh and prepare for the year ahead. Whether you’re feeling confident or cautious about your finances this year, there’s likely to be some room for improvement.
Here are 8 simple ways to help build your money muscles and set yourself up to be fighting fit in 2023.