You may be eligible to purchase your first home with as little as 5% deposit via the First Home Guarantee Scheme. Here’s how it works. First Home Guarantee Scheme: financial support for first home buyers The First Home Guarantee Scheme is an Australian Government initiative to support eligible first home buyers to buy a home…
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Whether you’re starting work for the first time or you’re changing jobs, there are key things to know and do. When negotiating pay for the role, pay close attention to the remuneration package. The more you earn, the easier it will be to save and invest more. So, before you accept the role, ask if…
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Watching your ageing or frail parents or loved ones struggle with some of life’s basic activities such as cooking, cleaning or caring for themselves can be difficult – and yet they will invariably want to retain their independence and live in the comfort of their own home as long as possible. It’s at this point…
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The rising cost of living is causing a strain on household budgets for many Australians. As a result, more are turning to side hustles and passive income opportunities to supplement their income. In this article, we explore a range of side hustles accessible to people of all ages. #1 side hustle idea: deliveries A popular…
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Many people have a good idea of what super is and how much of their money goes into it. But there are some gaps when it comes to the basics, such as when you can access it and how super is taxed. Read on for a cheat sheet summary of ten top things to know…
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Preparing yourself for retirement Retirement can cause a range of emotions so it’s important to prepare yourself emotionally as well as financially. Here’s some tips to improve health and wellbeing in retirement: Give yourself time: coping with major life changes is never easy. Allow yourself the time you need to figure everything out. Add structure…
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When property prices are rising, renovating for a quick return is a popular investment strategy. But when markets are sluggish, improving a property before ‘flipping’ it, can also generate profits for savvy investors. Buying to flip When you flip a property, you’re buying a dwelling that you believe is undervalued, which you then improve and…
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Making a will is an important way to help ensure that your wishes are respected and your loved ones are taken care of if you pass away. A will is a legal document that sets out how you want your assets, such as property, money or possessions, to be distributed among your beneficiaries in the…
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Life insurance premiums are calculated based on a number of factors, such as your age, gender, health at the time of application, smoking status, occupation, lifestyle and hobbies. Your health can play one of the biggest roles in determining your premiums, so having a healthy lifestyle can have both personal and financial benefits. Do you…
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Your financial health is key to the health of your wellbeing, relationships, work and home life. It’s important to have a regular checkup of your financial position to ensure you’re on track and to confirm your money is where you think it is, your investments are performing as they should, and debts are regularly serviced…
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