A lot of advisers ask me how much time to devote to study in preparation for the adviser exam. It really depends how much lead time you are giving yourself. That is, how many weeks before the exam will you start to study. In my view, the ideal is 12-weeks. That is enough time to […]
If you apply for a ‘no medical and no blood test’ personal insurance, don’t assume you will be covered for any medical condition you already have. Pre-existing health problems are generally excluded in the fine print of a personal insurance policy. However, you might not find this out until years later at the time of […]
From 1st July this year and for the first time ever, most working Australians now have the opportunity to make personal contributions into their super account and claim those contributions as a tax deduction. By having the ability to now make a personal tax deductible contribution into super, employees no longer have to rely on an […]
If you hope to self-fund your retirement and your superannuation is all you have, then you need to accumulate an amount of at least $500,000 and a lot more than that if possible. For homeowners, your super is likely to be the second only in value to your home. For non-home owners it could well […]
If you are in your forties, you are already into the second half of your working life. Sooner or later, you will ask yourself if you have enough money to retire. The answer will probably be no. According to ASFA, the mean average superannuation balance in the 2013-14 year for the 45-49 year age group was […]
Unfortunately, the December – January holiday period is not a happy time for everyone because it’s a time when many people decide to separate from their partner. With year-end reflection and new-year resolution, it’s often seen as the opportunity for a fresh start. If you believe the statistics, money is at the root of separation more […]
The purpose of personal risk insurance is to maintain your lifestyle and financial prosperity when something goes wrong. There are several types of health risks that you should consider but there is only one outcome that is important. That is, to have the right amount of money delivered to the right person at just the […]
Are you are looking for a NEW YEAR RESOLUTION that can actually change your life? Try these four 2017 money kick-start resolutions. If you want accumulate more money, then pay off your credit card and start saving. That’s what resolutions 1 & 2 are about. However, don’t forget about protecting yourself. Keeping what you’ve got is […]
Love and money should be mutually exclusive concepts at any time, and especially at Christmas. You don’t have to spend money to show someone that you love or care about them. You, your presence in the moment, your willing engagement and a genuine smile will be the best gift you have ever given. There is no […]
Your superannuation is often not about the fund you have. It is more about how you set it up and how you use it. The first critical requirement is that you realise that it is your money and start taking care of it. Unfortunately, most people ignore their superannuation. And if you are like the […]