Five things to update when you change roles or increase pay

Landing a new job is an exciting time that offers new opportunities, challenges and often a change in your financial circumstances. We look at the aspects of your finances that may need to be reviewed when you start a new job.

Once you’ve successfully landed that new job, it’s understandable to think that after the time spent polishing your resume and tackling interviews that your only focus should be the new role at hand. However, along with a new set of responsibilities, a change in role may also mean a change in your salary which should be factored into your overall financial plan. It’s good practice to work with your financial adviser to regularly review your financial plan and a new job is a great opportunity for that. We look at the more common items that may need updating when you take on a new role.

The risks of Buy Now Pay Later services

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.

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What should you do if you’ve been made redundant?

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.

Changes to insurance through super in April

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.

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Workers compensation vs income protection: what’s the difference?

Accidents happen every day, so it pays to be protected. With so many different cover options, many people question what’s right for them and their families. When it comes to covering your income if you can no longer work, what’s better? Income protection, workers’ compensation, or both?

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Is now the time for first home buyers?

Spring is in the air, and we all know what that means – more property is coming onto the market. But for many young Australian’s the question remains, ‘am I ready to purchase my first home?’

Being financially smart and independent is one of the most important lessons we can teach our kids. Many young Australians are considering taking the leap into home ownership, but is it the right time? There are some things you can do to help your children figure things out.

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