On 1 July 2023, the contributions that your employer is required to make into your super fund, under the super guarantee, increased from 10.5% to 11% of your before-tax income. The outcome of this is that Aussie employees, who are eligible for the super guarantee, should have more savings in their super to help fund … Read more
Step one: what are your financial pain points? When you start making plans, chances are you’ll both come across financial pain points. In other words, the areas that need some attention and possible alterations. These might include: post-wedding or honeymoon debts different earning capacities different savings goals different spending habits disagreements you’ve had in the … Read more
Preparing to retire is emotional and practical. Making a retirement plan can help you manage your finances, and cope better as your life and priorities change. Make a retirement plan Your retirement plan can be simple or detailed. Include: Timing — when you want to retire. This could change, but it’s good to have a starting … Read more
