Australian personal finance news, tips and advices.
A growing number of Australians believe that it’s about time for people to stop feeling pressured about gift-giving. This year, they’re reducing the budget they’re allotting for presents and are opting to celebrate the Christmas season for what it’s truly about.
You can still have a fun Christmas even if you haven’t saved a lot of money for Christmas shopping. After all, how you spend the holiday with your loved ones can be more memorable than any of the gift they might receive. ... (read more)
It’s safe to mention that cryptocurrency is risky. For one, inefficient trading may lead to more financial loss than gain. Still, it’s possible to reduce potential losses and increase profit opportunities by understanding the fundamentals. In particular, you should learn the ins-and-outs of cryptocurrency maps, charts, and prices.
Continue reading to know some essential aspects of these topics. By reading this article, you should gain sufficient knowledge of trading cryptocurrency. ... (read more)
by AFB
In any industry, one can never keep away from accounting processes. Any calculations in any business can be complex and tiresome. This is one reason why entrepreneurs—even small-scale ones—should hire a reliable accounting firm to handle all their accounting needs.
If you’re that kind of business owner, there are many accounting firms you can rely on these days. However, know that every company offers different services and varies in terms of reputation. Even if you’re in one country or state, quality offers may differ from firm to firm. ... (read more)
by AFB
Working out how much you will have to pay for child care is one of the most important parts of the early stages of choosing a centre for your children to attend.
Costs of care can vary widely but most families across Australia will qualify for some Government relief, with the actual amounts received depending on your family’s personal circumstances.
The following five things are essential to know as you work out precisely how much support your family is eligible to receive. ... (read more)
by AFB
If you have turned on the TV or been scrolling through your social media feeds you will probably have noticed, you are being bombarded with ads for Solar. From Government rebates to eliminating bills, every ad seems to promise the world. Installing Solar Panels is a great way to reduce your carbon footprint and help the environment but does installing solar really save you money?
The short answer in a lot of cases is yes (if done properly). With rebates available (STC’s), the high cost of power in Australia and technology advances, it does. However, if some poor decisions are made along the way, it can be a massive waste of money. ... (read more)
by AFB
Over the last few years, there have been plenty of stories in our news sources about mostly casual and part-time employees being underpaid, and it’s not only corner shops and celebrity chefs being caught out, but our big national corporations as well. And while most of the issues have been related to overtime and other entitlements, regular, full-time salaried workers are not immune from being short-changed – especially in the area of superannuation. ... (read more)
by AFB
Building a business takes a huge amount of time, dedication, and commitment. However, no matter how successful your business is, you will reach a junction, where you will need to make the decision to continue moving forward or sell your business. This can be one of the most difficult decisions for many business owners, and the decision you make can have a big impact on your future.
If you are thinking about selling your business, it’s important you take the time to consider if you are truly ready to let go. The last thing you want to do is to sell your business and regret your decision down the line. Before you decide whether or not to sell your business, it’s always advisable to discuss your options with business lawyers in Melbourne who have experience in this area. ... (read more)
by AFB
Marriage has been a pillar of society for centuries. Most young Australians still support the concept, but financial concerns have made them more apprehensive about having large, traditional marriages.
Choosi recently released its Cost of Love Report. The purpose of this report was to understand the views Australians hold about marriage and the decisions they are likely to make.
Some of the core findings are listed below. ... (read more)
by AFB
Financing is important for small businesses in a variety of ways. Needing quick money often has connotations of having poor cash flow and not being able to meet your short-term liabilities. This is far from the only reason for needing business financing though.
Financing is often a solution for growth projects when businesses owners do not want to dilute equity any further. The conventional way to grow is to sell a portion of the company to an investor, in which you can raise perhaps hundreds of thousands without adding to your debt. ... (read more)
by AFB
Today’s post comes from Alex. He blogs over at www.MutilateTheMortgage.com and is a fellow Australian based and focused financial site. Head over there to find out how to go from “no idea” to mortgage free in under 10 years!
Did you know that paying off your mortgage in 10 years can be setup quickly and is in fact very easy to do? It’s true! Just a quick alteration in how you pay your home loan can save you hundreds of thousands of dollars. ... (read more)