Residential property has long been a major store of wealth for average Australians. The home remains the primary assets for the majority of people and the property market – particularly in major cities – has generally been kind for those who were in the market over the past decade or so. But with the ageing […]
Here's a critical question for retirees and those nearing retirement: How much are you intending to drawdown and spend each year from your retirement savings? Historically-low yields, expected muted portfolio returns and growing life expectancies can make this a particularly challenging question. Many retirees try to balance the competing priorities of maintaining a relatively consistent […]
Are you feeling wealthier, less wealthy or somewhere in between? You may be experiencing what is sometimes called "the housing wealth effect". Movements in house prices, up and down, can affect how we feel about the state of our wealth and our willingness to spend, suggests a Reserve Bank paper* published several years ago. Under […]
By Flying Solo contributor Lucinda Lions Have you ever said to yourself, “That’s a great idea, I don’t need to write it down,” only to regret your decision within 17.7 seconds? Here's a quick, easy way to remember names, numbers and everyday information. Is this you? Have you ever been driving along and tried to memorise […]
How do you behave in the face of fear? Do you run towards danger, or turn and flee? Knowing how you and others react to extreme situations might seem remote from the world of investment, but could have a lot to do with what separates the great investors from the rest of us. Humans have […]
Like many kids growing up in the 1970s I was taught to eat everything on my plate. It was good advice, particularly as an active kid living in a rural setting. Through my teenage years, I had more discretion and the choices I made left a lot to be desired. Now, with a recognition that […]
If you’re interested in living a low waste lifestyle, the best place to start is your kitchen. We waste food every day, but there are easy ways to lessen that impact without having to become a totally different person. Simple shifts in daily habits can make all the difference later down the line. Store your food properly […]
Spouses have clear motivations to at least consider the potential benefits of taking a co-ordinated approach to savings and investing – as well as in dealing with their day-to-day budgeting. The motivations for couples to think about a harmonised approach to family finances are rising. This is, in part, because of the lowering of super […]
See how you can work around common money traps so you've got cash today, tomorrow and in the future. In your 20s, you might be saving for an overseas trip, eyeing a new car, looking for your own pad, or simply trying to keep your wardrobe up-to-date, and have cash left over for Saturday night. […]
By Flying Solo contributor, By Kelly Exeter So you’re completely flat out yet have cash flow problems and never seem to have money in the bank. Where are you going wrong? Kelly Exeter has a few ideas (from experience). Seven years ago my graphic and web design business was growing at a mad rate. My three […]
