Archive for May, 2017
As predicted in the lead-up to the Budget – housing affordability has been confirmed as one of the major components of this year’s Budget.
With Superannuation receiving so much attention in last year’s Budget – there was not much in terms of unexpected news this year. However, there was an important announcement for First Home Buyers:
The First Home Super Saver Scheme which was announced on Budget night will allow first home buyers to withdraw voluntary contributions they make to superannuation (along with associated earnings) to be used towards a deposit for a first home.
Holidays of a lifetime
Getting away from it all and having a holiday is a great way to both relax and soak up new experiences. The anticipation and planning of where to go on a big trip is usually part of the joy that comes from a holiday. To give you some inspiration we took a look around the world at some of the more unusual destinations on offer.
1. Not knowing where your money goes or how you allocate it.
Whether you have a large amount of money coming in or enough to just cover your expenses, it is best to put a budget together and track your expenses and payments. Tracking your spending will assist to understand your money better and help you create good habits going forward to allocate money accordingly.
2. Thinking you never have enough money to invest
Investing isn’t just for the Rich. You can start investing on any budget if you can remain disciplined. Try and eliminate high interest and non-deductible debt such as credit card and personal loans and once this is done you can put a savings plan together and seek professional advice.
Don’t think about doing it later. If you have long-term goals that matter to you, it’s worth getting started now