Australians have more than $3 trillion in superannuation funds (super), and pay a whopping $30 billion a year in fees and charges. Most people find super confusing and up until now, the super funds have had it their own way. They get [...]
We have been lucky in Australia in terms of COVID, but things are changing pretty quickly. Where we live in regional New South Wales, we have just finished our first week of lockdown since the middle of 2020. As a business owner [...]
Heraclitus, a Greek philosopher, who was known for his doctrine of change, once said "change is the only constant in life." Having an 11 year old son, I often think about what the world will be like when he is older. [...]
"Look at the investment options in your existing super fund before moving funds. It all comes down to having the right mix of growth and conservative investments." Previously I have written about what to look for in a super fund. [...]
Four questions to ask yourself, which will help grow your business! In my last blog, I mentioned the debilitating back complaint I have had for the last few months. Well, things moved quickly once I saw the neurosurgeon and I ended [...]
Life goes way too fast. I still remember my 21st birthday as if it was yesterday. Sadly, it was more than 30 years ago! Below is a letter I wished I had received from my older self. Dear Phil. Happy birthday! [...]
The Australian National University did a study recently that showed 6 in 10 adult Australians don’t think they will have enough money in retirement. While this is concerning, from my experience I suspect most of these people do not actually have [...]
When retirement planning, we have previously talked about the importance of being in control of your spending (see related article here). In this article, we will talk about how to invest your savings. Key things to [...]
There are four key stages to planning for your retirement. Firstly, map out what you want your life to look like (read more). Secondly, take control of your money. Thirdly, review your investments (including your superannuation) and make sure they are [...]
