BMG Financial Planning and Accounting Albury Wodonga

February 2019

Pension loans scheme | Managing risk | Home deposit | Energy-savvy | Money mindsets

In this month’s newsletter, we begin by discussing the Government’s version of a reverse mortgage, the Pension Loans Scheme. Our animation illustrates the benefits of a comprehensive personal insurance plan; a ‘Plan B’ risk management strategy. Saving for a home deposit can be hard; we offer helpful tips in this regard. The recent heat waves may have some anxious about their next utility bill; we provide a list of ways to become more energy-savvy moving forward. Lastly, we leave you with a funny video by the BBC, which showcases several vibrant personalities – how well do you know your money personality preferences?

Reverse mortgages: The Pension Loans Scheme

The saying ‘asset-rich, but income-poor’ can be an accurate description of the financial situation of some retirees. In this article, we look at the Government’s Pension Loans Scheme.

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Personal insurances: Managing risk

An important part of wealth accumulation is putting appropriate strategies in place to manage risk. In this animation, we illustrate one such strategy – a comprehensive personal insurance plan.

Launch Video

Life event: Helpful tips to save for a home deposit

For first homebuyers especially, saving for a home deposit can often take a considerable amount of time and effort. In this article, we offer some helpful tips.

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Checklist: How to become more energy-savvy

Being more energy-savvy in your home is not only good for the environment, but also for your hip pocket over the long-term. In this article, we provide a list of ways to become more energy-savvy.

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Your money personality preferences

Your money personality (i.e. Owl, Dolphin, Labrador or Monkey) describes your natural personality preferences for dealing with money. In this funny video by the BBC, we see some personalities at work.

Launch Video