Airbnb can create extra income for you and your family, however this can cause some adverse tax consequences.
financial planning
Super does not lose you money
Superannuation is not an asset. Superannuation is a tax structure that allows you to invest your retirement savings into assets that are taxed at a lower rate compared to owning the assets in your own name.
Buying shares versus paying down home debt
I’m working with a new client who saved $300,000 to invest. Feeling they did not know what options were available to them, they sought advice from another Financial Planner on where to invest their savings.
An estate plan that stands the test of time
If you are a person who has achieved a stage of financial independence, it is vital that you have an effective Estate Plan to protect you and your family.
Five good habits to build wealth
According to the Reserve Bank of Australia, the average Australian earns $1,164 per week or $60,528 per year. Then, the average Australian saves 4.70% of their income or $2,844 per annum. Not much.
Building an objectives-based investment strategy
Objective-Based Investing (OBI) is an investment approach that seeks to align investments and portfolios with the client’s specific needs and objectives.
Do I boost my super or reduce my home loan?
Does it make sense to make additional concessional contributions to superannuation if you still have non-deductible debt such as a home loan? The maths is simple for an average couple on the average tax rate. If $1 of earned income is paid to their personal bank account, the tax man currently collects 39 cents in […]
It’s April. How are those New Year resolutions looking?
Remember New Year’s Eve? Almost four months ago many people shared their New Year resolutions with friends and family. Comparison website finder.com.au found that on average 58% of Australians broke their New Year resolutions. I spend a lot of time with my clients discussing, writing down and tracking their goals. This is what I do […]