BMG Financial Planning and Accounting Albury Wodonga

April 2018

Retirement living | Debt management | ESG investing | Trolleyology | Music & finance

In this newsletter, we begin with an in-depth budget breakdown of retirement living according to the Association of Superannuation Funds of Australia (ASFA) Retirement Standard. The information within this article highlights that your age, marital status and lifestyle can play an important part in influencing how much you may need to fund your retirement. There are many different types of debt in the market, each designed with a specific purpose in mind. In our animation, we explore the importance of appropriate debt management. When it comes to constructing an investment portfolio, there are many considerations that are taken into account. An increasingly prevalent consideration is the desire by investors to hold investments that align with their personal values. Consequently, we discuss Environmental, Social and Governance (ESG) investing. At some point in your life you may have visited the supermarket and come away with more than you had originally anticipated, we look closer at tactics utilised by supermarkets in this regard. Lastly, we leave you with a video by a very talented individual that serves as a useful metaphor for the management of all the different areas of your personal finances.

Retirement living: How much is enough? (It depends)

The Association of Superannuation Funds of Australia (ASFA) provides a regularly updated guide as to what it may cost to fund your retirement in the post-work years, depending on your age, marital status and lifestyle. We drill further down into the detail and provide some useful insights.

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Debt management

Debt can come in many forms. However, despite their differences, they often have a common feature – you borrow a sum of money and repay it over time, with interest. In this animation, we explore the importance of appropriate debt management.

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What’s Environmental, Social & Governance investing?

An emerging preference over the last few years has been the desire by some investors to align their investment values with their personal values. In this article, we highlight some of the finer details relating to Environmental, Social and Governance (ESG) investing.

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Trolleyology: How supermarkets influence your buying

Have you ever compared your shopping list to the items listed on your receipt when you get home? Very rarely are they the same. Part of the reason for this is the fact that supermarkets are often specifically designed to influence your buying. We take a closer look at this – some of the tactics may surprise you.

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Personal finance journey: The musical

As you progress through life, the many different areas of your personal finances will be leveraged to help you reach your financial goals and objectives. When these areas are appropriately managed, and work in harmony, it can be ‘poetry in motion’. Watch this video to see what we mean.

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