Archive | Financial Advice

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 […]

Continue Reading
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 […]

Continue Reading
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 […]

Continue Reading
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 […]

Continue Reading
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 […]

Continue Reading
Balance Your Life 5

Balance Your Life

Everybody creates a certain amount of income and during their lifetime by one means or another – through employment, investment or setting up a business. What you do with that income determines how financially successful you will be and ultimately impacts on your enjoyment of life. Managing money is a bit like juggling balls while […]

Continue Reading
Fear of Missing Out

Fear of Missing Out

There is something about human nature that makes us wired to believe that anything which is scarce or available only for a limited time is something we must have, despite the price. It’s called FOMO – Fear of Missing Out – and it is without doubt the biggest driver of poor financial decisions. Everywhere you […]

Continue Reading
Power of $20

The Power of $20 a Day

Check your bank account and you are sure to find lots of small transactions that average at least $20 a day. A coffee, lunch, snacks, a beer or wine after work; each transaction is low in value but combined they can add up to a significant sum. Money can only be spent once and should […]

Continue Reading
Money Barriers

Money Barriers to Getting on With Life

It’s good to be cautious with money. However, is there such a thing as too much caution? When is it OK to take a risk? Throughout life there are significant events that require large amounts of money or which come with a high level of financial risk. The anxiety that comes with this risk can […]

Continue Reading
Financial Adviser

What to Expect From Your Financial Adviser

What to Expect From Your Financial Adviser Financial service providers are regulated by the Financial Markets Authority (FMA). Part of the FMA’s role is to educate consumers of financial services and for that reason they have released a checklist of things you can expect from your financial services provider. Providers include financial advisers as well […]

Continue Reading
Newlyweds

Money Management for Newlyweds

Money Management for Newlyweds Relationships aren’t like they used to be a generation or two ago. The path to a ceremony is a more gradual one, with couples typically living together beforehand and sharing expenses. Women, through both necessity and choice, continue to earn an income after marriage and are confident in managing their own […]

Continue Reading

Choosing When to Spend

Choosing When to Spend There is nothing wrong with spending money. In fact money has no value unless it is spent. As they say, you can’t take it with you, so if you don’t spend your money during your lifetime, then someone else (the beneficiaries of your estate) will get the pleasure of spending it. […]

Continue Reading