Naked Wealth Blog
Having received a few queries over the past few weeks regarding investing for children, we thought to make such the topic of this week’s Money in Minutes.
And spoiler alert… our Wages to Wealth program has recommendations in this space. So no excuses!
There's a popular Chinese proverb that says: “...
First things first… if you’re still having trouble meeting your mortgage repayments, or you haven’t yet set up a Rainy Day fund, then you need to focus on these two tasks and only then revisit the super versus mortgage dilemma.
The current higher interest rate environment does generally mean we sho...
We’ve been quite transparent of our somewhat dislike towards self-managed super funds (SMSF)! They can sometimes have a place for some people, however we believe too many hard working Australian’s end up being sold something they don’t need and shouldn’t want.
Remember, your superannuation is most ...
No doubt some of you will be excited that with a new financial year comes your group certificate for last year… and don’t we all hope it’s a tax refund (not a liability) that soon follows once your lodgement is processed.
So, on the assumption you get a tax refund, here’s what we hope is a simple 3...
If we could have one wish for all our members, it would be to ensure you all build and maintain the foundations of your financial house.
Why?
Because by having a financial house with strong foundations you’re almost certain to “get ahead” financially regardless of what unforeseen events unfold. Yo...
It’s no secret that we are big believers in what’s simple works. With that being the case, there is arguably no better and more effective way to build wealth for your future self than salary sacrificing into your super.
And with next week being the start of a new financial year, there is no better ...
What is your most important financial asset? Is it your home? Your superannuation fund? Your investment portfolio? Or perhaps you think it’s your sports car!
Well, the correct answer is… It’s you!
That’s right, you are your own most important financial asset. Think about it. The median wage of Au...
For those of you contemplating putting money into super, you have less than four weeks before the end of financial year door closes… so read up!
Last week we highlighted the value of concessional, or “pre-tax” contributions into your super. This week we want to build on that foundation by covering ...
It’s almost June and we’re on the home straight to the finish line for this financial year.
So this is our gentle nudge for some of you who might wish to consider making a contribution to your super fund, perhaps save some tax too!
Here’s the deal… hopefully you’re already well aware that super is...
When it comes to being a financial winner, slow and steady really does win the race! Small step after small step will help you achieve big results. In our minds, this is the only pathway that will ensure you succeed financially.
It seems a lifetime ago we started banging on about the importance for...
Do you need life insurance? It sounds like a simple question, but most people can’t provide a simple answer.
Given the cost of living pressures, we know many of you will be scrutinising costs, and your life insurance might seem ripe for the picking. But you should know that from our experience, we ...
Chewing the financial fat, day after day, with many hard-working Australians has helped us to identify common mistakes. Common money mistakes that too many people make and pay for overtime. We’re sharing them with you in the hope that you can avoid as many of them as possible!
1. No Set Goals
You ar...
