Personal Finance
Fees versus Commission
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This is an update to a blog posted nearly 2 years ago and the issue is still being discussed, but in relation to finding a Financial Planner what does and should matter to you, the client?
One person’s trash is another person’s treasure
Despite the best efforts of world leaders, stock markets continue to roller coaster and at the moment there seems to be more downhill runs than uphill climbs. Recently we saw a massive sell off in global share markets, the likes of which we have not seen since 1987.
Without being alarmist, it has not been fun [...]
Refuelling the cash flow
We’ve just spent Sunday enjoying some corporate hospitality as guests at the 2008 Gold Coast Indy. It was a glorious spring day, all warm sunshine and light sea breezes.
Sitting opposite the pit lane, you couldn’t help but be impressed with the efficiency of the pit teams who operated like a well oiled machine. As [...]
The Hot Dog Man and the Recession
Have you heard the story about the hot dog man and the recession? Well, if you haven’t, it goes something along the following lines:
A humble hot dog man had a successful business selling quality hot dogs. Every customer was served with a smile. One day the man’s son came home from college and told his [...]
Teenagers managing money
Remember the days when you knocked on the neighbours’ doors after school offering to wash the car or do the babysitting for a few bucks in the pocket. Those days are long gone with many teenagers today juggling formal part time work alongside their education. A recent survey noted that
8Sep2008 | admin | 0 comments | Continued
Women understanding money
I had a bit of a flick through the Financial Literacy Foundation’s recent report Financial Literacy Women Understanding Money and came across some positive results for women in general.
The report confirmed what is already well known about the ladies, that is that the fairer sex have budgeting and saving habits down pat. It is [...]
Keeping up with the Joneses
With rising interest rates and increasing costs of living, we are being bombarded with stories of gloom and doom as families increasingly battle to feed the kids and pay the mortgage.
We could be forgiven for thinking this is a relatively new phenomenon seemingly happening because of events happening around the world today. However a quick [...]
Mortgage Stress – or living beyond ones means?
An article appeared in the Courier Mail on Saturday July 26th about the “Mortgage Stress” phenomenon.
It’s sad, it’s tragic, a young couple forced out of their home because of rising interest rates.
But what really is mortgage stress?
I know that interest rates have risen, that fuel is up, I have a mortgage and a car. I [...]
The transfer of wealth between generations….maybe
You’ve probably seen those ads for retirement planning featuring retirees on Harley Davidsons saying “Retirement is payback time” or have seen the stickers on the caravans of the grey nomads that say “I’m spending my children’s inheritance.” Or even better, “Live long enough to be a burden on your children”.
We have probably all laughed at [...]
Your Superannuation – Your Responsibility
A survey was released yesterday by AMP highlighting the shortfall Australians have in their superannuation savings with approximately 31% of all Australians being on average 11% behind in their savings needs.
While many will be quick to point out that we have recently seen a fairly significant fall in the value of global share markets, I [...]
I read blogs on a similar topic, but i never visited your blog. I added it to favorites and i'll ...
An interesting view.