At some stage, most of us will be asked to lend money to family or friends. Usually, we are only too happy to help. After all, what are family and friends for if not to help each other out. That said, mixing money and relationships can be problematic. In this article, we discuss various ways to minimise the risk of the loan going wrong and a relationship suffering.
The financial year is about to end and it’s probably a bit late to do anything about it now. So, in this article, we give you a history of why Australia uses June 30 to mark the end of its financial year.
There are just a few more sleeps until the end of the financial year. Have you got your house in order? Our experience is that most people leave things to the last minute. But the last minute can still be useful if you use it to get things done. So, don’t despair. Read on.
Australians’ median wealth is the highest in the world. So, a young Australian can look forward to having access to more material resources than their counterparts in every other country. If they can manage this money well, their life will be much easier.
The first Tuesday in May is financial planning’s night of nights. That is the night when the Federal Government hands down its proposed budget for the coming financial year and beyond. This year, we have a first-time federal treasurer handing down the budget. That said, much of the heavy lifting of budgetary planning is done by employees of the government’s Treasury Department, so there is a lot of experience at hand.
Many older clients want to provide financial assistance to their children and grandchildren. But what is the best way? While every person is different, the basic principle remains the same: the best way to provide financial support to younger generations is to help them maximise their own wealth. This article shows you one way to do just that.
People spend a small fortune on Valentine’s Day - and newlyweds are the worst culprits. Surely there are better ways to profess our love for each other than chocolates and champagne. Here is our recommendation.