Buy Now Pay Later (BNPL) services are becoming increasingly more popular. If you haven’t used one of these services before it essentially allows you to receive the goods or services today, and pay for it in later instalments. Here we look at how people are using this service and some key factors to be aware of to ensure it doesn’t negatively impact your financial situation.
Financial worries affect most Australians at some point. The good news is, you’re not alone. If you’re feeling stressed about your finances, please reach out to us for help. There are also plenty of support services to help you through.
According to a Deloitte study, over 50% of the population worries about outliving their retirement savings. Of course, we’re all experiencing a little extra worry right now due to COVID-19. But it’s not just your bank balance that feels the strain, as financial stress can affect your mental health and physical health too.
With the threat of an increasing unemployment rate, an economy that has slowed down and advancements in technology- it is a real possibility that your role could be made redundant which could leave you financially disadvantaged if you don’t know what options you have available to you.
When you’re young, it can be easy to think of life insurance as a nice-to-have. After all, you’re probably in good health and have more pressing expenses, right? Not quite.
All it takes is one accident or one diagnosis and everything can change – all of a sudden, insurance will become your top priority as this has happened with 2 clients from our office in their early 30’s.
The only trouble is when you’re already hurt or sick, the ideal time to take out insurance has passed.
Here we help you understand how Trauma insurance could help support you and your family, to allow you the financial freedom during the worst of times. This lump-sum payment can help you focus on receiving the best treatment available, pay for rehabilitation, and even cut back your work hours to be able to concentrate on your recovery.
Recent legislative changes have affected the way many Australians are provided with life insurance through superannuation (super). We outline what’s changed so you can understand if you’re likely to be impacted.
When it comes to ‘life admin’, there’s often a lot to keep on top of.