Planning

Financial Friction: having different spending habits needn’t end in divorce

With money issues being cited by 22 percent of couples as a motivator for divorce, it makes sense to set some ground rules around your financial habits before they become issues for you and your marriage.

8 Nov 2018 Read More
Protecting

Coping with financial crisis

Sometimes life throws you curve balls – the loss of a job, a partner or unexpected medical emergency can deplete savings and leave you struggling with debt. Seeking assistance is the first step towards solving your financial woes.
Use your bank, credit card statements and utility bills to get a full understanding of what you are spending, where and when.
Don’t wait ‘til you are behind in payments to try to sort things out.
8 Nov 2018 Read More
Planning

Good debt versus bad debt

Understanding the difference between good debt and bad debt will help you to avoid debt stressors on the road to pursuing wealth. YBI explains the difference.

Good debts are often used to build long-term wealth.

Bad debts tend to have no real value or are an asset that decreases in value.

8 Nov 2018 Read More
Saving

Bad credit? No problem…

Your bad credit rating need not be forever. Here’s our top tips to rescue your credit rating from the dumpster.

Once you have your report to hand, go through it with a finetooth comb.

Start rebuilding your credit history one prompt payment at a time.

8 Nov 2018 Read More
Protecting
How to prepare for unexpected health costs

How to prepare for unexpected health costs

We all know it is important to ensure we’re safe guarded against any unexpected health issues. Any of us could have a medical emergency at any time and we need to ensure both we and those we love can be taken care of, if needed. While it is impossible to know exactly how much you might need to cover both medical expenses and loss of income during a period of illness, there are things we can do to ensure we are ok.

That’s why knowing what you are available to access through Medicare and if suitable, also purchasing health insurance and regularly examining different plan options is a good idea.

4 Jul 2018 Read More
Saving
Keep the kids entertained these holidays without breaking the bank

Keep the kids entertained these holidays without breaking the bank

According to a recent survey of ASIC Money Smart users, the majority of parents say they spend more money during the school holidays than any other time of year. But hanging out with your loved ones needn’t blow your budget.

Creating fun ways for your family to get together and enjoy themselves shouldn’t have to burn a hole in your wallet. Follow our top ten tips and you can not only cure your kid of the dreaded ‘I’m bored’ syndrome but save yourself a motza in the long run.

4 Jul 2018 Read More
Planning
Lifestyle changes to save you money

Lifestyle changes to save you money

Let’s face it. We’re all looking for ways to save a dollar or two. Frequently it’s the frivolous purchases we make on a daily basis that wind up hitting our hip pocket hard. If you’re tired of pulling up with an empty wallet before you get to payday here’s a few handy tips that could help you save some money along the way.

 
4 Jul 2018 Read More
Planning
Creating work-life balance can be easier than you think!

Creating work-life balance can be easier than you think!

Finding the balance between work and lifestyle can be tricky. Here’s YBI’s top tips to achieve harmony.

While work-life balance has become a common catchcry these days, many of us have yet to achieve this magical equation. In a constantly switched on world the demands placed on us by our employers, employees, friends and family are increasing. Many of us have little time to switch off and it’s taking its toll. In an effort to take control again many people are moving towards a philosophy of ‘lifestyle by design’ and in doing so are achieving a better work-life balance and more financial freedom.

4 Jul 2018 Read More
Planning
Planning for your future lifestyle today

Planning for your future lifestyle today

Setting goals and planning ahead can help lay the foundation for future wealth as Cec Busby discovers.

There’s a saying, ‘learn to say no by deciding on yes’, and when it comes to planning your future wealth it’s a good adage to live by. Young people are often overwhelmed by all the possibilities and opportunities life has to offer, so much so that saving money for the future can take a back seat to current needs and desires.

4 Jul 2018 Read More