Money and love, how to make it work

Are you and your partner financially compatible? A marriage between a saver and a spender comes with its problems, but nothing true love can’t overcome – right? According to the Australian Institute of Family Studies (AIFS), household finances are among the main reasons couples argue. When Anna met Tony they planned a life together. They[…]

6 smart ways to build savings

The word “thrifty” is rarely thought of in a positive sense but that’s not fair because if we continually spend more than we earn, our debts will eventually catch up and other words such as “default” or “bankrupt” might become more familiar. Being thrifty doesn’t mean doing without – quite the opposite. Here are six[…]

P2P_Is this the future of banking?

Peer to Peer, or ‘P2P’, lending is a method of bringing borrowers and lenders together without a traditional financial institution to act as intermediary. This increasingly popular form of lending takes advantage of the internet to connect individuals who have money to lend with those who require funding for any reputable need. It’s not an[…]

Sudden wealth! Now what?

Lottery prize pools now amass huge amounts, regularly turning everyday Aussies into instant multi-millionaires. But being ‘struck rich’ is not only based on luck. There is more than $2.6 trillion worth of assets invested in superannuation in Australia. A multi-million dollar inheritance can be a life-changer. Regardless of the source, most people who receive unexpected[…]

The effects of sub-zero interest rates

In Germany, a government ten-year bond yields less than zero; its investors actually lose money! Huh? What triggers a situation like this and could it happen in Australia? Australians currently enjoy – or not, depending on their circumstances – record low interest rates. The prevailing cash rate is currently 1.0 % and some economists are[…]