HOW TO GET READY FOR TAX TIME Here are some tips to make tax time a smoother process: Get your evidence organised: Bank statements Tax deductible expense receipts Income Protection Insurance Credit card statements Rental income statements Investment property expenses (rates, water, agent fees; repairs) Dividend Statements Medical Insurance Categorise your evidence Sorting your statements and receipts etc. into categories c...

Is Your Budget Accurate? In order for your budget to be a successful tool in developing your financial plan, it needs to be accurate. Here are some tips to help make your budget more accurate: Before you start, obtain some source documents from which to obtain actual expenditure (e.g. credit card statements; bank account statements; bill notices; rental statements). Separate your expenses into categories (e.g. household; vehicles; education; debts [c...

How to Budget When You're Having a Baby Budgeting for a newborn baby is key to reducing stress on the family. The family's income may be lower due to mum not working leading up to, during and after pregnancy Detailed cash flow planning is a must to ensure sufficient monies are available to meet the family expenses You should revise your expenditure budget to include costs of newborn baby (you can use our budget template) You should include hospita...

Budgeting:  How to make it simple In order to have an effective budgeting system, you need to make it easy to follow and implement.  We recommend not having too many bank accounts - it over complicates the budgeting system.  You only need 3 bank accounts: A day-to-day bank account; A bills account; and A special purpose account (i.e. holidays). All income should be received into the day-to-day bank account and then distributed to the bil...

Can you still obtain trauma insurance if you have had skin cancer? This depends on the type of skin cancer, the insurer and the trauma insurance policy wording. Some insurers will still offer full trauma insurance cover if you have had skin cancer; It depends on the severity of the skin cancer; Early stage melanoma (melanoma in-situ) that has been successfully excised may qualify you for trauma insurance (without exclusion or loading). Please contact us for mo...