 When people think about renting versus buying a home, financial comparisons are usually made. But there are also some emotional aspects to consider.
 A large part of what we do is taking the time to understand the legislation involved in the financials of Australians and figuring out ways for us to use it to the advantage of our clients.
 The term “financial planner” is broad one, as there are many different areas a planner can specialise in, much like a doctor.
 The old-fashioned method of payment of cash has become a thing of the past for most people.
But cash can be used as a great tool to cap your spending on certain discretionary expenses and not blow your budget out of the water.  When discussing money in a relationship, it's not rare for arguments or disagreements to occur... We're only human. Being aware of the reasons why, however, can help with the communication process and understanding of one another.
 Most people need a car, it is a necessity that gives us the freedom of getting from A to B.
Eventually, you’re going to want to buy a new one and that’s fine if you are being reasonable. However, there are a few myths you need to be cautious of that could push you into making an unnecessary purchase.  When it all boils down to it, financial planning is all about effective resource allocation. Most people tend to think about this in terms of how they allocate their money, but there is another resource that I think is more valuable – time. Think of it this way, it’s possible to make more money, but it’s not possible to make more time.
 We’ve all heard recently in the media about the Reserve Bank of Australia (RBA) cutting interest rates (IR), however what does this actually mean for your mortgage? How can you maximise this opportunity? And how can you retire in financial comfort?
 There was a lot of talk prior to the federal budget about potential changes to superannuation, however, superannuation was largely left as is during this year’s budget announcement in May 2015. This is an important time to think about your superannuation…How you can maximise your financial situation in light of current legislation…And how salary sacrifice to superannuation can build your retirement fund…After all, we all have things we want to tick off our bucket list…
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AuthorDallas Davison, Michael Hogue and Ali Hogue. Archives
July 2021
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