By: McCrindle
The average household annual income is $116,584 and the national average household net wealth has tipped the million-dollar mark for the first time at $1,022,200, according to the ABS’ latest Survey of Income and Housing (2017-18).
finances
Will You Get a Reward for Your Giving?
By: Alex Cook
Whenever we give gifts to our neighbour, do we sometimes think and expect to be rewarded for doing a good thing?
The rise of the ‘Kidult’ in Australia
By: McCrindle
The proportion of young adults, or ‘kidults’ living at home in their 20s is on the rise, new data from The Australian Institute of Family Studies (AIFS) shows.
Teaching Your Kids About Debt, Gratification & Priorities
By: Robert Garrett
Teaching your kids financial skills is one way to set them up for their future. Australian households owe $2.34trillion (as at March 2018), the second highest level of household debt in the world; only Switzerland has more. In 2016 around one third of Australian households were classified as ‘over-indebted’.
Read moreTeaching Your Kids About Debt, Gratification & Priorities
Four Prayers for Financial Help
By: Alex Cook
Prayers… defined as communion, conversation and fellowship with God. When financial challenges such as unpaid bills, rising debts and lack of provisions overcome you, it is always best to get down on your knees first before taking action.
The Best Place to Get Business Advice
By: Alex Cook
Being in business for yourself can be lonely. The pressure to grow your sales, pay staff and suppliers, keep customers happy, learn and obey new regulations and build something that supports your family is a challenge at the best of times.
5 Financial Resolutions for 2019
By: Alex Cook
If you’re like me, at the start of the year you spend some time reflecting on the past year and dream about what the new year could hold.
How Much Life Insurance Cover Do You Need?
By: Alex Cook
Back in my days as a financial adviser, I soon discovered that the vast majority of people were underinsured, often substantially, leaving their families exposed to considerable hardship in the event that they passed away or became sick and disabled.
How to Choose a Great Financial Adviser
By: Alex Cook
A potentially risky yet more often beneficial thing you can do with your money is finding a great financial adviser. I say risky because there is no shortage of stories of people who visit someone holding themselves out to be a financial adviser only to lose their life savings.
Financial Tips for the Christmas Season
By: Alex Cook
It’s hard to believe, but it’s that time of year again! It is a great time where we get to celebrate the birth of our Lord Jesus and remember what he has done for us, as well as spending time with our loved ones.