Will paying cash change my spending habits? What I learned when I could only pay with cash for a week. Firstly, an admission. I never – ever – have cash. I’m that annoying friend who doesn’t have cash to cover her share when spitting bills, that colleague who borrows money to chip into the birthday […]
With the ATO keeping a close eye on deductions, make sure you’re across what you can and can’t claim. If you’re claiming back some of the money you’ve spent as part of your job this year, it’s a good idea to ensure you’ve kept the appropriate records that may be required ahead of lodging your […]
Whether you’re looking to renovate, invest or pay off something big, home equity can be a valuable resource when it’s used correctly. The equity in your property can be a valuable resource, as it may allow you to secure finance to achieve your goals, whether they be investment or lifestyle oriented. If it’s something you’ve […]
Watch out for tax scams by Paul Clitheroe The end of the financial year will likely bring the usual wave of scams. Here’s what to look for. The federal budget is behind us, and amid the celebrations over tax cuts (around $500 annually for low to middle income earners if proposals are […]
Enhancing retirement outcomes using downsizer contributions Legislation to make superannuation downsizer contributions (downsizer contributions) has now passed enabling individuals who are 65 or over to contribute proceeds from the sale of one eligible property to superannuation without needing to satisfy the work test. The new rules provide more flexibility for retirees to fund their […]
How your assets will be distributed if you don’t have a Will Most of us accept that a valid Will is essential to determine how your estate is dealt with when you die. Your Will can appoint a family member or trusted friend to administer your estate, nominate guardians for young children, determine who […]
Many of you will be aware that Pat Cronin, the son of Matt and Robyn Cronin, was killed in April 2016 by a coward punch and since then Matt and his family have endured an arduous legal battle through the courts. Thankfully the process has come to a conclusion with the killer being sentenced in […]
2017 in review As we head towards the end of 2017, it’s worth taking a look at how investment markets have fared over the year. It turns out we’ve enjoyed a pretty good 12 months – especially if you haven’t had a significant chunk of your wealth tied up in cash. The last 12 months […]
Eight steps to improve cash flow… and lifestyle Imagine feeling on top of your finances. Knowing you’re in a position to enjoy your life today, while also saving for tomorrow. If that sounds good to you, you’re not alone. In a recent survey, 54% Of Australians aged 55-64 strongly agreed they’d like that too1. Yet, […]
Avoid a nasty case of holiday debt lag Enjoy a well-earned vacation without bringing home a mountain of high interest debt. I do love a catchy new phrase, and this one made me laugh. “Debt lag” is a new one for me. It seems that as Chrissy approaches we plan a holiday, but don’t quite […]
Tailored Lifetime Solutions has been awarded the Firm of the Year at the 2025 Count.ed Conference on Hamilton Island. Chosen from a strong field of finalists, Tailored Lifetime Solutions was acknowledged for our professional excellence, commitment to clients and contribution to the advice community. The awards shine a spotlight on the Count network’s most outstanding […]
We look at how much money you might need each year and ways you can still budget for your social life. Australian retirees generally need a certain budget each year to live a modest or comfortable lifestyle, and industry figures recently revealed the highest annual increase in those budgets since 20101. The Association of Superannuation […]