Category: Personal finance
What is salary sacrificing and is it for me?
It sounds like some sort of sacrificial ritual for your paycheck, but don’t worry it’s neither complicated nor sinister. Salary sacrificing is simply asking ...
How much money will I need each year of my retirement to live comfortably?
Most of us don’t know how long we will live. As a result, it’s best to have a passive annual income in retirement rather ...
Property tax reform
The states are asking the Australian federal government to adopt a new property tax system offering flexibility to home buyers. A buyer would be ...
Intrinsic value, a measure of volatility and risk
Intrinsic value is a measure of what an asset is worth. This measure is arrived at through an objective calculation or complex financial model, ...
Emergency finance
Your financial wellbeing is intricately linked to your personal health. Our finances can rapidly spiral out of control without warning and in turn our ...
Apply principles of business management to personal finance – Prioritise, assess, restrain
Appy the 3 principles of business management to your personal finances - prioritise, assess and restrain. Prioritise – Take a good look at ...
Invest long term for predictable high returns
Share and bond markets go through cycles. It is exceedingly difficult to predict the bottom and tops of these cycles. The share market is ...
Using self-control to increase wealth
Self-control is defined as the ability to regulate behavioural, emotional, and attentional impulses to achieve long-term goals. Self-control early in life is a strong ...
Can you afford a rise in the cash rate?
With the Reserve Bank of Australia (RBA) keeping interest rates at historically low levels (currently 0.1 per cent) and competitive mortgage rates as low ...
Debt servicing costs should not exceed 30 per cent of income
Debt is useful for buying assets and leveraging to increase our wealth. But how much debt is too much? For the average Australian, debt ...