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The new financial year is here, and that means the Stage 3 tax cuts will begin hitting Aussies’ pay packets. As tempting as it might be to spend the money, we run through a few alternatives that might leave you in a stronger financial position. And because it’s never too early to get money savvy, we touch on some ways to help your teenager wrap their heads around investing, super and responsible spending.
Next, we look at how the years leading up to retirement can be crucial in shaping your post-work years. And lawyer Katerina Peiros explains some of the pros and cons of gifting your assets during your lifetime versus leaving them in a Will. Finally, behavioural economist Simon Russell offers some insights into decision-making biases and how they might be playing a larger role in our investment decisions than we thought.
Enjoy the edition.
The Stage 3 tax cuts have finally come into effect. We explore a few alternatives to spending the money that might benefit you in the long run.
Your child is sure to learn plenty of important money lessons once they start earning an income, but there’s still plenty you can do to nudge them in the right direction.
If you’re thinking about retiring soon, take some time to review your financial position and think about which of the following categories you might find yourself in.
Is it better to pass on your wealth with warm or cold hands? As always, the answer depends. But there are a few pitfalls you should be aware of with each.
Behavioural economist Simon Russell discusses some of the ways that our unconscious mind might be calling the shots when it comes to investing.
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