We invented a game a while back we called Wealth Protection Roulette. We haven’t played for a while so we thought we’d bring it back. What is it, you ask? Well, the foundations of any sound financial plan are built on ensuring that the major risks in life are covered and that your biggest assets are protected. So, we’re having a look at income protection insurance and other ways of protecting ... »
We’re nearly there, the financial year ends on 30 June and it’s accountant’s New Year. It’s also the trigger for many of us to start pulling together our financial records and get ready to lodge our annual income tax return. While getting the annual tax return lodged can be a bit of a chore for most of us, I quite like it, and that’s not because I’m an accountant! I... »
This post should have issued last Friday, it’s late, and we’re sorry about that. The fact that it’s late got me thinking about my kids; we have three sons – between the three of them and the things they get up to, I’m often late. Late to work, late getting things done, late to meals and late getting to bed. I’m also probably going to be later retiring than I ... »
We here at iGenWealth have been talking about what we’re going to do in the glorious weather forecast for the weekend, which got me to thinking: swimming pools, beaches, the coast and convertible sports cars. But which is the right vehicle to enjoy these activities in, and how should we go about obtaining the funds to do so…? Everywhere young people go, marketing for new cars (and finance to boot)... »
The Reserve Bank of Australia (RBA) dropped interest rates by .25% (25 basis points) last Tuesday and the newspapers reported some of the banks had not passed on the cut. This got me thinking; how many of the younger generation understand what interest rates mean for them? While useful life lessons like conversational Shakespearean and Pythagoras theorem are taught, many schools neglect what affec... »
A lot of us have had one, some have one now, It’s really hard for most people to get rid of and for some, the cure seems impossible. But it’s not what you’d think – get your mind out of the gutter!….No, while many of us are likely to view it with the equivalent amount of joy we’d display to a possible infection, we’re actually talking about HECS / HELP debts and paying them off. Most of u... »
We’re looking at relationships or at least, the financial aspects of them anyway. Guys, DO NOT PANIC! Girls no need to get too excited, we’re not talking marriage necessarily – it’s much more 2012 than that. Instead guys and girls, we’re talking shared toothpaste; undies in the same laundry hamper and quality time over a shopping trolley. We’re talking about the magnificent social instit... »
Some of you might have noticed that it was Christmas a couple of weeks back. Christmas is a time when many of us spend time with the family, give gifts and take a few days well earned break to enjoy the season and summer weather. Hopefully you’d been good and Santa came to all of you. Christmas is also a time when many of us can get carried away and there can be a tendency to overspend, ofte... »
