It’s true, everyone can manage their own finances without a financial advisor, despite what the financial services industry has to say about it. That’s a big statement I realise and one that would probably get a lot of people offside (but they’d have to be reading this first to be offended right?) Confusing terminology and conflicting advice … [Read more...]
What can I claim on my taxes?
It’s almost the end of another year – financial year that is. Have you ever found yourself asking "What can I claim on my taxes?" As mums we are a pretty mixed bag when it comes to how we earn a living; so understanding what you can claim on your taxes can be pretty darn confusing. According to the Australian Government’s Workplace Gender … [Read more...]
How to choose your investments
How to choose your investments - this is the final post in the getting started with investing series. Feeling a little more confident?? Given this is the final piece of the puzzle - here’s a quick recap of what we’ve covered so far: Step1: Write out your investment goals. Clarify WHY you are investing and identify your motivation for … [Read more...]
Active vs passive investing
In this post I’m talking about active vs passive investing. Active vs passive investing is one of the biggest debates going around when it comes to the financial services industry. Why you say? Because investment markets equal big business. There are investment houses on both sides of the argument that sell both actively managed and … [Read more...]
Asset classes explained
This is Part 3 of the post series on Getting started in investing. In this post I’m talking about asset classes. Quick recap: what have we learnt so far in this Investing 101 post series? In Part 1, I talked about the importance of discovering your WHY when it comes to investing. Asking yourself WHY you want to start investing is the … [Read more...]
Understanding investment risk and return
This is Part 2 of my blog series “Investing 101," where we look at the importance of understanding risk and return. In the last post, I talked about the importance of discovering your WHY when it comes to investing. Asking yourself WHY you want to start investing will reveal your financial goals, motivations and time frames for investing. These … [Read more...]
Investing 101: A great place to start
Investing 101: is simply putting your money to work to help you achieve your personal & financial goals. That makes it sound so simple right? But in reality it can be pretty darn confusing. You’re worried: That you don’t know enough about it That you don’t have enough money to start with That you could lose it all by making the … [Read more...]
Do I need life insurance?
It's a question I hear often. However the more productive question to ask yourself is whether you can afford not to have it. Or to put it another way, what would your world look like if the worst was to happen to someone in your family? Think about it for a minute. You insure your house, your business, your car, your pet and most of us even … [Read more...]
Is your private health insurance worth it?
What is the cost benefit of your private health insurance? Every year private health insurance premiums rise on the 1st of April and households around Australia ask themselves in unison – “What are we paying for?” Having private health insurance cover for your average family equates to a small fortune every year and when there’s been no … [Read more...]
Love and money – 7 marriage friendly ways to talk money with your partner
Talking about money is seen as taboo in our culture, and often this awkwardness can carry into holy matrimony. Mixing love and money can easily get complicated. Opposites attract as they say and whilst that can be the magic on the relationship side of things, opposing values about financial matters can equal disaster. We all know the facts; … [Read more...]
