Aussie parents admit to withdrawing a total of $1.3 billion from accounts that have been set up for their children. While more than 50% of Aussie parents have set up savings accounts to help their kids get ahead financially, four in 10 admit to taking money out of these accounts (a total of $1.3 billion...Read More
How to keep your finances on track once you leave the workforce When you’ve worked hard all your life to build up your nest egg, the last thing you want to do is fritter it away too quickly. In this article, we look at the common money mistakes people in retirement make, and how you...Read More
A quick guide to organising your financial paperwork With Marie Kondo’s books and TV shows riding high in the charts, it feels as though everyone’s talking about the joys of decluttering and tidying up. But when you’re drowning in a sea of old bank statements, utility bills and receipts, it can be difficult to know...Read More
What you need to know about buy now pay later services Buy now pay later payment services allow you to delay payment or pay by instalments (often fortnightly) over a period of time. Here we explain how these payment services work, what fees you'll pay and how to avoid getting into financial trouble if you're...Read More
Have you considered what's on the agenda, such as how often you see yourself eating out and whether you want to travel domestically or afar? If you're in or approaching retirement, you may be prioritising things such as living costs, utility bills, health care and even potentially helping the kids out with their future financial...Read More
By Flying Solo contributor John Refalo For many people starting a business is a dream but, at the same time, a significant risk when not done properly. While we see a number of clients citing issues with the Tax Office as the catalyst for problems that upend them, there’s many reasons why a business can...Read More
With financial stress impacting one in five Aussie workers, see what steps you could take to improve your financial wellbeing. Some days you might feel confident you can meet your needs within the boundaries of your current income, whereas other days you may feel like you don’t have nearly enough funds in order to do...Read More
A pie and sauce washed down with soft drink from a roadhouse. Or maybe a burger and fries at a fast-food joint. Do these sound like your go-to options when on a road trip? It might seem like a hassle to eat healthy food when you're on the road, but it's actually a breeze. Simply...Read More
If you want to ensure you’re getting the right amount of super and not paying more in tax than you have to, this list is for you. I’m yet to hear anyone say they get a thrill from filling out forms or love reading long documents full of financial mumbo jumbo, but there’s likely to...Read More
As Australia’s $2.8-trillion super system attracts even more headlines than usual, more people may mistakenly assume that almost everyone in the workforce is covered by at least compulsory contributions. In reality, the position is far different. A research paper* from the Association of Superannuation Funds of Australia (ASFA) reminds us that a “substantial proportion” of...Read More
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