Tag Archives: Melbourne Financial Planning

Gifting and financial generosity during coronavirus

Posted on 01. Jun, 2020 by .

Are you thinking of giving or lending money to adult children (or other family members) who are in financial hardship?  Parents are often called on to help during times of crisis. Now, with a growing number of people experiencing financial hardship as a result of the coronavirus pandemic (COVID-19), there’s an increased chance that parental […]

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Redundancy – it’s not personal

Posted on 29. Jan, 2014 by .

As the mining boom slows and many Australian businesses struggle to remain competitive in a global market, cost cutting and retrenchments have become a normal part of being in the workforce. Being made redundant is never an easy experience, but if it’s handled well it can be financially and personally rewarding. Australia’s unemployment rate edged […]

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When starting a family, plan early.

Posted on 07. May, 2013 by .

It is estimated to cost more than $1 million to raise the average Australian family of 2.7 children up to age 24. 1 So the more financially prepared you are for the patter of tiny feet, the more you will be able to cope as they grow into their size 11 boots. Preparation needs to start even before you are […]

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Financial Planning For End of Year

Posted on 20. Jun, 2011 by .

With 30 June fast approaching, we thought it would be appropriate to remind you of two things you should consider in terms of financial planning before the end of the financial year.

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Property Versus Shares

Posted on 28. Mar, 2011 by .

One of the most common backyard barbeque debates in Australia relates to which provides better investment returns — property or shares? Australians are widely known to have had a long love affair with direct property, but an interest in sharemarket investing has also been on the rise over recent years.

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To buy or not to buy? That is the question.

Posted on 21. Mar, 2011 by .

According to expert portfolio managers, two of the best times to buy equities during this investment lifetime were after the economic recoveries of 1974 and 1990. The lead-up periods to each of these recoveries were also the closest in terms of economic meltdown to what we have recently been through, and are facing now. In 1974 and 1990, after the first spurt of economic growth, growth decelerated again (as it has in this past quarter) before the economy took off again.

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It pays to have Trauma Insurance

Posted on 14. Mar, 2011 by .

While it’s not nice to think about, trauma insurance can be viewed as “recovery insurance” – taking the pressure off while you focus on recovering from an illness or accident rather than worrying about your finances. It should be considered an essential part of any robust wealth protection plan, as the case studies below illustrate.

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New Years Resolutions: I will manage my money better

Posted on 28. Feb, 2011 by .

At the start of every year we make rash resolutions aiming to overcome the excesses of the year before. Just like dieting, we pledge to stick to a more frugal budget, cut down on spending and watch our figures!

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Merry Christmas from Abound Financial & Lifestyle Planning

Posted on 23. Dec, 2010 by .

We wish you and your family a Merry Christmas and Happy New Year from the team at Abound Lifestyle Planning!

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Avoiding your own credit crunch

Posted on 20. Dec, 2010 by .

A survey by the Financial Literacy Foundation has found most Australians are confident at managing debt, despite the fact that debt and bankruptcy levels continue to climb. It seems that the gap between personal perception and financial reality is widening.

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