The difference between those who build wealth and those who don’t often comes down to belief. A strong attitude and financial mindset will shape our decisions, influencing everything from spending habits to investment choices and ultimately, our success.
While not a common practice, there may be circumstances where you might leverage your self-managed super fund (SMSF) to acquire your own assets and free up cash. This approach isn’t for everyone but can be beneficial in specific scenarios.
Offset accounts and redraw accounts are different options for managing your mortgage, and knowing how they differ is important for making informed decisions. While they play the same role in reducing interest, they are two very different things.
As a high-income earner, reducing your tax burden as an employee is challenging. While there are strategies to minimise it slightly, the best thing you can do is avoid making the situation worse. Here’s what you need to know.
Are you looking to secure a strong financial future for your child or children? There are alternative saving and investing options to help maximise their security while avoiding penalty tax rates, from mortgage offset accounts to investment bonds.
Every investment decision has the power to shape the future. Sustainable investing involves choosing investments based on ESG criteria. It aims to generate long-term financial success while supporting ethical practices and contributing to positive societal impact.
Are you considering making the leap from landlord to resident? Before you stop collecting rental income and move into your investment property or holiday home, it’s crucial to understand the financial implications. Here is what you need to know.
Understanding the mechanics of compounding returns and the security of multiple income streams is crucial to achieving financial freedom and prosperity. They provide the framework for growing wealth steadily and securing it against potential economic downturns.
Are you wondering what franking credits are? We can explain. They are a type of tax credit that companies distribute to their shareholders along with dividends. Learn how these tax benefits work and how they can maximise your investment returns.
