One of the questions most people answered incorrectly from our recent Financial Literary Quiz, is on the difference between a Power of Attorney and an Enduring Guardianship. It’s not a topic everyone likes to think about – the possibility of losing the capacity to make decisions about your finances, health and lifestyle, which is a […]
The 4 P’s of Spending
What are the 4 P’s of spending? Saving money is one of those difficulties for many people and being in the age of online shopping certainly presents extra challenges. It’s so easy to press a few buttons and before you know it, you’ve just spent your whole week’s wages in a few seconds. The next […]
Are you an emotional investor?
It’s a difficult question to answer yourself without considerable bias. And if you sat down and asked yourself about the types of decisions you make every day about your money, your answer might sound something like this: “No I don’t make decisions based on my emotions. I am definitely objective about the financial decisions I […]
Family Trusts Explained
Family Trusts are a popular small business structure. They can serve a wide range of purposes and be extremely useful vehicles for tax planning, financial planning and investment. We take a look at the basic principles of a family trust, their benefits and how they work. What is a Family Trust? Firstly, let’s unpack what […]
What is Retirement in the 21st century?
Whilst the idea of retirement might be relatively young, its definition seems to have evolved in the last few decades from a linear approach to a more segmented type of retirement. One of the major contributing factors in the last decade is our life cycle. Towards the end of the 20th century, the average life […]