When it comes to superannuation, which is a retirement savings scheme in Australia, here are some key recommendations to consider: n 1. Regular Contributions: Make consistent contributions to your super fund to build a substantial retirement nest egg. Take advantage of options like salary sacrificing or making additional voluntary contributions to boost your retirement savings. n 2. Investment Strategy: Review and choose

Owning a home is always a dream of many young couples or individuals, especially in some best to live countries such as Australia. The big mistake that many people make is trying to save up for your deposit for too long. Here is WHY: n n House deposit is extremely important to start applying for the home loan and buying

Year 2021 has been a better year in comparison with 2020 when Covid-19 has just started. However, it is still a tough year that we have managed to get through. Let's spend a few minutes to recap what we have gone through in 2021 and what we can do better in 2022. n n Wrapping up prior to the New

Let's get started with the definition of inflation. So, what is Inflation by the way? n "Inflation is an increase in the level of prices of the goods and services that households buy" n (Reserve Bank of Australia, 2021). n The below graph shows Australian Consumer Price Inflation over a period of 30 years: n n n It can be

For every Australian, Superannuation is one of the most important saving sources that allows them to retire comfortably. According to the Association of Superannuation Funds, the minimum superannuation balance recommended to achieve a comfortable retirement is $640,000 for a couple and $545,000 for a single person. n Here is what Comfortable retirement includes:n- Kitchen and Bathroom can be replaced every

Have you ever questioned if your investment portfolio is well diversified? What happens when your investment portfolio lacks diversification? n n The stock market and real estates are picking up at a surprise level, especially in Australia. And what will happen next? What will happen to the Australian cash rate? What will happen to Aussie dollars and what about gold?

What is Personal Finance? n Basically, Personal Finance covers all financial related aspects of your life. Personal Finance covers budgeting, cash flows monitoring, banking, insurances, mortgages, other loans, investments, retirement planning, tax implications and estate planning. n n Let us dig in the importance of Personal Finance in today's world: n n 1. Money is unfortunately the number two reason

People do make mistakes in property investing. Why are others successful? Do they have more money than me? Are they smarter?nnSince COVID-19 hit the world economy, every country's economy has suffered from a significant downturn. In Australia, we have witnessed one of the biggest stock market crashes in February – April 2020. The property market followed the market crash and