When moving into a new home it’s important to make yourself familiar with your new environment. Get to know how your facility runs, spend some time with your new neighbours and develop strong relationships with staff and carers at the nursing home. Building close relationships in aged care is crucial to enjoying your stay, says…
When looking for a good deal on a home loan (mortgage), the interest rate matters. A home loan is a long-term debt, so even a small difference in interest adds up over time. Home loans come with different options and features. These can offer flexibility or let you pay off your loan faster. Some options…
Most working Australians have had an interesting time of it lately. The Reserve Bank of Australia (RBA) recently noted that we’re experiencing the biggest economic shock since the 1930s, with unemployment expected to hit 10% later this year.1 In times like these it’s natural that people should be feeling cautious. Many finance experts would suggest you…
Whether you are a saver or investor is an interesting and important question because in the long run it could make a major difference to your lifestyle. To determine if you are a saver or investor let’s look at the characteristics of the two categories. What does a saver look like? Almost by definition…
A way for retirees to unlock the equity in their homes. The reverse mortgage or equity release loan is a relatively new mortgage product that has been created for retirees who are asset-rich but cash-poor. Reverse mortgage or equity release loan – what is it? If you’re a retiree, a reverse mortgage or equity release…
For many businesses, invoice payments are a source of ongoing cost and headache. In this article, Graham Bowers discusses ways to improve your situation. Your business growth and success depend on the health of your cash flow. The more cash reserves you have, the more confident you can be in exploring new opportunities, scaling your…
How working flexibly can help you balance work and life as you save for a more secure future. Family responsibilities and working aren’t always compatible, as many Australian women find out when they’re tugged in what can feel like a dozen directions at once. Whether it’s caring for young children, supporting teens through the…
Many women reach mid-life with a significant superannuation shortfall. But it’s not too late to turn things around. Actions now may help set up a more secure retirement. When was the last time you checked your super balance? The hard fact is that Australian women accumulate, on average, far less super than men over their…
A sudden death can place financial stress on those who depend on you. If this happens, life cover can help them pay the bills and other living expenses. What is life cover Life cover is also called ‘term life insurance’ or ‘death cover’. It pays a lump sum amount of money when you die. The…
There are some great debates in Australian society that seem to never end. Aussies Rules vs Rugby League. The eternal Sydney vs Melbourne stoush. And of course the age-old conundrum of whether to invest in shares or property. Historic returns The obvious place to start is returns. The US National Bureau of Economic Research has…