Investing in shares and cash

Better investment options for your cash

It’s an oldie but a goodie – never put all your eggs into one basket. But, what’s the best way to grow your wealth with investment options outside cash.

Saving your money is important. But, putting your money into a savings account, even with a decent interest rate, may not be the best way to grow your wealth.

what is indexation?

What is Indexation in insurance?

Indexation is a complex-sounding term that is used to describe a relatively simple concept in the world of insurance. Here we’ll break down exactly how it can benefit you.

In a nutshell, indexation refers to a benefit payment that increases in proportion to the cost of living.

If the cost of living increases by 5% in a given year, an indexed insurance benefit will also increase by 5% so that you, or the listed beneficiary, – don’t lose out on purchasing power when the cost of living increases. Inflation Protection automatically increases your Life Insurance cover amount by 5% every year, or by the Consumer Price Index -whichever is greater.

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Where is the best place to stash your cash?

 

Most Australian’s want to know where is the best place to stash your money for a rainy day, a holiday or to have extra income when needed and it’s becoming a bit harder with all the volatility in share markets and property. It’s also become more urgent if you are expecting a handy tax return.

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Enjoy a credit card holiday

To help reduce credit card balances, many people turn to balance transfer credit cards.

While these cards can help you reduce your debt, they do tend to catch people out from time to time by fineprint terms and conditions.

In this article, we’ll flag some common pitfalls and discuss the right way to use these cards so you can take a holiday from debt and be one step closer to financial freedom. 

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What tightened lending means for property buyers

Sure, tightened lending means home loans are becoming harder for some to get, but it’s not all bad news for Property Buyers.

That’s because there’s also reduced competition from investors, housing prices are falling, and clearance rates are too, making it much more of a buyer’s market than in years gone by.

So let’s take a look at a few simple steps you can take to improve your chances of obtaining finance in the tighter lending environment. Armed with these tips you could be better equipped to take advantage of the weakened housing market.

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5 habits to achieve financial security

Ever looked at a friend who has everything together and thought ‘what’s their secret?’ Here are five habits you can implement to achieve financial security.

Believe it or not, being secure financially doesn’t involve magic or an outrageous stroke of luck.

More often than not, it results from good habits, such as keeping track of your finances, cutting back on expenses, and planning ahead.

Here are five habits you can develop that will help you become the awe of your friends and family.

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