• Placeholder

    Our Blog

    Stay Informed with RP Wealth Management

    Our Blog

    Stay Informed with RP Wealth Management

Blogs

side_hustle_rpwm_invest_protect_enjoy_oranpark

Creating a Side hustle today

A number of clients I see tell me that their wages haven’t increased for some time or their expenses have increased, or they are living week to week with minimal savings and they need to find a way to do better. My answer to this is create a ‘side hustle’.

What is a side hustle you may ask? This is creating a second job or another form of income which allows you the flexibility to continue working in your full-time or regular job. This will allow you to put extra income towards savings, holidays, expenses and lowering your financial worries. 

With a side hustle, you are not just taking a second job as you are more likely to do something you are passionate about, have experience in or don’t have the funds to start without a primary source of income. 

financial_stress_help_oranpark_rpwm_macarthur

Keep calm and carry on – tackling your financial stress

With costs of living on the rise and wage growth stagnating, it’s not hard to see why Australian households are increasingly feeling the pinch when it comes to financial stress.i In fact, a recent Ubank survey revealed 59% of Aussies admit their current financial situation causes them stress or loss of sleep.ii 

Financial stress can be constant and at its worst crippling, but with a bit of teamwork, solid communication, and a dash of discipline you can get your finances under control and set the right foundations for your Financial future.

Here are some tips you can use in your household and everyday lives to improve your situation and well being when it comes to your finances. 

fraud_oranpark_ato_financial

What to do if you feel that you are a victim of Fraud

I have had a number of calls recently from clients regarding suspected fraud and discussions with clients in our regular meetings at our Oran Park office regularly coming up with stories of some type of suspect call or fraudulent activity on their accounts.

In this article we discuss what to do if you feel that you have become a victim or are unsure about activity relating to your Financial situation. 

RPWM_ORANPARK_MACARTHUR_FINANCE

7 ways to invest in your future

One fact of life is certain, we don’t stay young forever so we must invest in ourselves. As we grow older, everyday tasks can become tiresome; we suffer inevitable aches and pains and often have difficulty remembering things. But the ageing process should be seen as a privilege. We have retirement to look forward to, access to good healthcare and the opportunity to spend more time with the people we love. To ensure we’re able to enjoy a long and happy retirement, it’s important to plan for this future..

Here are 7 ways to plan for what’s ahead:

LIFEINSURANCE_RPWM_ORANPARK_MACARTHUR_INCOMEPROTECTION

What determines the cost of an insurance policy?

There are a number of factors that determine the cost of an insurance policy. A cheap life insurance or income protection insurance policy doesn’t necessarily mean it’s an inferior one, and by the same token, the most expensive policy may not be the best to suit your needs.

The price of an insurance policy is generally a reflection of how the underwriter views the risk of you claiming on that policy. As each insurer will attribute their own measure of risk to each element of your lifestyle, personal habits and work situation, your overall risk profile can fluctuate between one insurer and another. An Insurance policy should NOT be selected based on price and should be evaluated on how it meets your personal situation and if there is anything specific you may want to cover. A Risk Specialist or Financial Adviser can help determine what insurance is most appropriate and how to best protect yourself and your family.

RPWM_HOUSEHOLDDEBT_ORANPARK_MACARTHUR_FINANCIALPLANNING

Time to review household debt

Fuelled by rising house prices and low interest rates, the level of personal household debt in Australia is relatively high compared to many other countries.i

The largest proportion of this debt is often used to purchase a valuable asset – the family home. With careful planning, you might be able to control your household debt and use it to grow wealth and secure your future.

Address

Level 2
351 Oran Park Drive
Oran Park N.S.W 2570

  • Ronald has always gone above and beyond for getting the best for my husband and I. He is always very punctual and helpful in giving advice. Ronald makes us feel comfortable and that no question is a silly one. I would 100% recommend him to anyone.

    Matthew (32) & Yasna Dench (31)
    Regional Sales Manager | Special Education Teacher

  • I have been working with Ronald for over 6 years. During this time, Ronald has been outstanding in his efforts to improve the bottom line of my portfolio. His continued guidance and enthusiasm makes him the perfect adviser and manager of personal finances.

    Sharad Bhasin (54)
    Deputy Harbour Master

  • I found Ronald to be very knowledgeable about all aspect of finance and being very helpful in overseeing my finances and making sure that I will live comfortably for quite a few years to come. his friendly nature comes from deep down and his clients are treated like family. I will not be afraid of recommending Ronald to all my relatives and friends.

    Carmelo Venturini (69)
    Retired

  • Ronald is a very friendly, knowledgeable and competent person, this is shown in every conversation we have had and it is a peace of mind knowing he is in control of my financials. Thank you

    Greg B (35)
    Warehouse Supervisor

  • Ronald at RP Wealth Management offers an invaluable service to my Estate planning clients by providing professional advice about protecting their family and their wealth with different insurance products in the event of a tragedy. Ronald is incredibly knowledgeable and always provides exceptional customer service to his clients.

    Kaisha Gambell (29)
    Solicitor

  • I have had the pleasure of dealing with Ron and have found him to be both knowledgeable and sincere. He is someone that believes that if you do the right thing by people they will do the right thing by you. I would not hesitate to recommend Ron to people that are looking for someone to provide them with an ethical outcome

    Mario Z (32)
    Accountant

    Logo

    Follow us

    Check out our social media pages for more updates from RP Wealth Management