Archive | Financial Advice

Rainy Days

Rainy Days

At this time of year it is a good idea to prepare for rainy days. That’s not just the wet stuff! Rainy days cause problems with our financial affairs as well, hence the old adage about saving for a rainy day. These days we are ever conscious about insulating our homes and putting in efficient […]

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Good Times

Make the Most of Good Times

Life has seasons. There are good times and bad times, and the changes are often caused by factors outside our control. At a personal level, our health, employment status and family relationships can all work either in our favour or against us. At a higher level, the economic state of the region we live in, […]

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Balance

Get Your Financial Balance

Managing money is more of an art than a science. There is no right and wrong when it comes to managing money. It is simply a matter of finding the right balance. That means looking at the choices you have and the consequences of each so as to achieve a compromise between competing objectives. Everybody’s […]

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Conflicted Advice

Conflicted Advice

One of the most contentious issues with financial advice is the way in which advisers are remunerated. There is a great deal of variation between advisers as to how they are rewarded for their services to clients and regulators struggle to achieve consistency and transparency of how much is paid by whom to whom. There […]

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Silver Splitters

Silver Splitters

It is common for two people to stay in an unhappy relationship for the sake of children and because they can’t afford to split their assets and income in half. But is seems that now, the number of people who divorce later in life is on the increase. Known as silver splitters, they are over […]

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Simplify and Automate

Holiday time is a great time to declutter.  Just as cupboards and wardrobes fill up with unused or out of date items, your financial affairs can become cluttered. Whether it is bank accounts, credit cards, store cards, loyalty cards, loans, investments or insurance, you can easily get to the point where you have so much […]

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money guilt

Get Rid of Money Guilt

The New Year is a chance to make resolutions to eat healthier food, exercise more often and manage money better. Just like diet and exercise, money is something that people feel often guilty about. Opening your credit card bill after Christmas and the New Year sales can certainly create the feeling that you have done […]

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Starting Out Resized

Starting Out

Starting out in life after school or tertiary education is an exciting milestone. It is one of the best times in life, with a future full of potential opportunities, without the responsibilities of dependent children to support and with few financial commitments. Anything is possible at this stage of life. However, it is also a […]

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Greatest Gift

The Greatest Gift

Giving to others brings great pleasure and happiness and there is no better evidence of this than the joy of Christmas. However, giving is often loaded with emotion and purpose. We place various meanings on the act of both giving and receiving. In some cases, people give to make themselves feel better – perhaps by […]

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Get Rid of Money Worries

Get Rid of Money Worries

Managing finances can be very stressful, even if you are savvy with your money. A recent global survey by the Financial Planning Standards Board, an international body which oversees professional standards for financial planners, found that most people feel challenged by their finances. However, people who work with financial advisers feel better prepared to achieve […]

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Buying Happiness

Buying Happiness

In our consumerist society the basic tenet is the more we have to spend, the happier we will be. Research shows that, while there is a link between money and happiness, it is a weak one. However, it is possible to get more happiness for your money by making good decisions about what you do […]

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The Importance of Cash

The Importance of Cash

The word ‘cash’ has a very different meaning now than it did a few decades ago but it is still a vital part of a financial plan. Cash provides liquidity; that is, money when you need it. Liquidity can take many different forms. It can be notes and coin, bank deposits, credit – such as […]

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