This Valentine's Day, consider carving out 20 minutes for a unique and impactful conversation - delving into your financial future. Instead of dwelling on the past, focus on building a roadmap to achieve the life you both desire. By discussing your financial goals, you can uncover shared aspirations and reverse engineer the steps to make them a reality.
Embarking on a journey of financial decluttering can yield remarkable results, akin to the transformative effects of decluttering our physical and mental spaces. As a New Year's resolution, consider adopting this practice to not only streamline your financial life but also usher in joy, serenity, confidence, and a more positive outlook.
Harmonising Physical and Financial Decluttering – A Collaborative Initiative by Evergreen & The Spacious Life
During the early stages of the pandemic the Australian Government created a program with the early release of Australian’s superannuation to help cope with the demands of the pandemic.
A redraw facility allows you to make extra repayments towards your home loan in addition to your minimum repayments.
When looking at mortgage interest rates today, our parents compare and boast a high 17% rate when they bought a house.
During COVID a lot of Australian’s took advantage of the low interest rates on home loans, fixing their rate for a period of time. With those fixed home loans now reaching the end of their term, we are being forced to meet the current high interest rates which are substantially increasing the price of home loan repayments.
“Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty-pound ought and six, result misery.” – Charles Dickens
The above quote by Charles Dickens captures the essence of this article. Spend less than you earn and the result is happiness! We all know this to be true, so why do some of us struggle with cashflow?
As tax season is fast approaching, we have created the below video to help guide you on using your MyGov account to access important information.
Circa 2009 I jumped off a helicopter on a hilltop feature somewhere in Afghanistan. I was weighed down by heaps of gear. I was met on that feature by a few characters carrying what appeared to be a small backpack each, which they proceeded to nimbly throw into the back of the departing aircraft. We were smiling, covered by some fine dust that would likely cake us for the next 6 or more weeks. I looked up and said, “high speed, low drag”.