Posted in Financial Planning

Christmas is just around the corner, along with a hectic round of parties, etc.  To start 2018 fit and refreshed, rather than financially flattened, here's a 7-step plan to consider for managing your upcoming expenses: 1.  Create a budget Use a spreadsheet to work out how much you can afford to spend on gifts, holiday, food and drink and STICK TO IT. 2.  Be sensible with your gifts Talk to family and friends about setting a do...

  It is that time of year again when we are faced with the usual dilemma - How to enjoy the Festive Season without breaking the bank?   You don't want to enjoy the Festive Season and then receive a nasty bank balance shock in January, however, with planning (because #everyoneneedsaplan), here are 5 ways to avoid the budget going into the 'red' and still enjoy your Christmas and New Year Festivities.   5 Ways to Avoid A Christmas Budget Blowout...

  Do you know if your Income Insurance Claim Payments are Taxable? The answer is 'Yes, they are' so don't get caught at tax time with an unexpected tax bill!   Life insurance companies are very quick to tell you that your Income Insurance premiums are fully tax-deductible whether you pay the premium, or your employer pays the premium on your behalf.
Unfortunately, most people are not aware that any Income Insurance claim payments received are ta...

Choosing a Financial Planner or Financial Advisor can be a difficult process, particularly if you have never had any dealings or experience with financial issues in the past, so here are my TOP 5 TIPS for helping you choose the right financial planner for your particular needs.   1. Firstly, you need to determine if you require a Financial Planner, or a Financial Adviser. A Financial Planner generally differs from a Financial Adviser in that a Planner provides you with a F...

Uh-oh, the fun-time 40s are over, and the financial-planning 50s have begun!
It's actually not that bad. Your 50s are the time  which you can use to fine tune your financial plan that will likely mean you don't have to work any longer. Financial independence is so close you can just about smell the coconut palm trees! So that's got to be good has it not?!
In your 50s, it's time to stop thinking "someday I would like to be financially independent...