How do you best prepare for the end of the financial year? Adopt some of this advice and it could make a real difference to your financial position. Usually as we approach the end of financial year (EOFY) we begin thinking seriously about tax effective spending and investing, extra concessional contributions to superannuation and financial spring cleaning. It’s often the only time of year that we know how much we’re able to afford in terms of extra super contributions. EOFY i

Here are some simple but powerful tips to consider when building your retirement savings. Which ones will you add to your to-do list before the end of this financial year? 1. Make personal concessional super contributions What? Making personal pre-tax or ‘concessional’ contributions could be a great way to boost your super. However, concessional contributions (which also include contributions from your employer) are limited to $25,000 per financial year – and if you go ov

To become a savvy investor, first you need to understand the basics. These investment terms are a good place to start. If you’re looking to build wealth for the future, buying a lottery ticket probably isn’t the way to go. A far more reliable option is to invest – but, unlike hitting the jackpot, investing takes time, patience and knowhow. For many of us though, trying to understand investment-speak is like learning another language. But don’t worry – once you get your head a

They say every great journey begins with a single step — and yours is just beginning. Here’s how to get on the path to financial freedom at the same time. Every year, thousands of young Australians start one of the biggest journeys of their lives: their careers. And if you’re one of them, you’re probably having a great time making the most of your new income without thinking too much about planning ahead. But the good news is, you can get yourself set up financially for the f

Christmas time is approaching, and with that the start of a new year. The presents are wrapped and the lights are up, but what else needs to be done before the end of the holiday period? Consider reviewing your insurance policies to ensure you are fully covered for 2018. It is important that insurance policies are reviewed annually in order to account for any major changes that may have occurred throughout the previous year. By altering existing policies and purchasing new p