Planning

Starting a small business

Starting a small business can be exciting, daunting, challenging and rewarding. There are many things you need to consider before starting your business in order to give it the best chance of success. In no particular order, I’ve listed some of the issues to consider, assuming you’ve already decided on what business you will be in: 

2 Jun 2015 Read More
Planning

Is your financial planner right for you? Questions to ask yourself when seeing your planner

Financial planning is different to most professions because the relationship between you and your planner is likely to be ongoing and continue for many years. It is critical that your planner really understands you and your situation. The level of understanding she has regarding what you want and need will affect the quality of advice you receive. 

2 Jun 2015 Read More
Planning

Is your new job the dream job, or could it turn into a financial nightmare?

They say a change is as good as a holiday, but let's be honest- starting a new job can be a daunting and confronting change to face. We get so focused with ensuring we create the right first impression that we often forget about the financial consequences of this change.

2 Jun 2015 Read More
Planning

5 steps to financially detox?

So the new year is well under way, you have been no doubt tried to put your best foot forward and set ambitious goals, but it never takes too long for old habits to creep back in.

2 Jun 2015 Read More
Planning

Women, Money & Divorce

Today’s article is one for the ladies. We want to discuss the unfortunate topic of divorce and how it impacts on you financially. But it’s not just for the unfortunate ones whose marriage has or might breakdown. This article is about empowering women to understand their financial position and ensure that we remain on track to reach our own financial goals regardless of what life throws at us.

2 Jun 2015 Read More
Protecting

The problem with dying....

No one likes to think about that point where they’ll eventually kick the bucket but it is a definite so you might want to plan a little for it. And while most of us think that assets like superannuation would just go to our partner, this might not be the case if you don’t have it appropriately documented. This is particularly important if you hold an SMSF as the rules that apply here can really override common sense.

2 Jun 2015 Read More
Planning

Preparing for Loss of Capacity

As we go about our day to day lives we never think about what could happen to us, whether it’s becoming permanently or temporarily disabled, becoming quite ill or even getting into an accident. For members of a self-managed super fund (SMSF) this could become an issue. What as members and trustees of your fund can you do to prepare and handle these situations?

2 Jun 2015 Read More
Saving

Gen X & Y Retirement – yes in the same sentence!

If you are a Gen X or Y retirement is an average of 33.6 years away, for some it will be up to 50 if the retirement age is increased. Not only is the age at which we retire creeping up but the time in retirement and money required to fund it growing too. Forced super contributions have not been increased in line with this growth and as a result there is now a broadening gap between what one has saved for retirement and their actual needs.

2 Jun 2015 Read More
Planning

Don’t put off succession planning for your business until it is too late

Do you have a small business with a partner or a family owned business and it's a business that will continue after you have decided to exit or retire?
Do you have a succession plan in your business?  

 

2 Jun 2015 Read More