What you need to know about investment bonds
Investment bonds are a practical investment option for those who earn a high income and seek long term tax efficiencies. Investment bonds, also known as tax-paid, insurance or growth bonds, work similarly… Read More
Strategies to increase profit
Whether you are struggling to keep up a steady income or wanting to grow your business, increasing sales revenue is often a central goal for businesses. Here are some strategies you can… Read More
Are you prone to emotional overspending?
Online shopping is available 24/7, making it easy to indulge in retail therapy whenever you’re feeling low. With many consumers using PayPal or saving their credit card details on Google, spending money… Read More
Start saving for the Christmas period early
If shopping centres aren’t even putting up their Christmas decorations yet, then the holiday period may seem to be a concern of the distant future. However, the season has a tendency to… Read More
What you should know about using cryptocurrencies
In an increasingly technologically dependent age, it can be useful to keep up with new forms of currencies in the digital space. Cryptocurrency is internet-based, digital money that is not controlled by… Read More
Getting to know your credit score
Your credit score is an important number in your life as it can affect many financial aspects of your life. The three-digit number is a representation of your credit history, based on… Read More
Spring clean your finances
When it comes to your money, whether it be loans, insurance, savings or superannuation, having a ‘set and forget’ attitude can be detrimental to your long term finances. Checking in on the… Read More
Short-term vs long-term financing
Maintaining healthy cash flow can be challenging; between ongoing expenses and bills, poor cash flow can severely impact your customers, staff and bottom line. Business owners need to understand the differences between… Read More
Getting on top of cash flow
Managing cash flow is critical to the success of a small business. While it is necessary to be profitable, your profit is a number that shows up on your accounts at the… Read More
Strategies for achieving your financial goals
Setting financial goals can be a great way to ensure that you’re always in control of your money. However, we all have frivolous spending habits that can derail us from achieving these… Read More
Using your tax return wisely
Getting your tax refund back is exciting, but as tempting as it is to splurge, consider other ways you can put that money to good use. It is easy to get caught… Read More
Ratio analysis methods for your business
Financial ratios are useful tools for business owners to monitor, analyse and improve their business performance. By using ratio analysis methods, you can gain insight into a company’s liquidity, efficiency and profitability… Read More
Risk management strategies for investors
When it comes to investing your money, there is the possibility that it may not perform as well as expected with you losing some or all of the original investment. While no… Read More
Consolidating your debt
Debt consolidation loans are a financial solution that may be suitable when you have multiple debts at once and are struggling to manage them all. Debt consolidation is the process of bringing… Read More
Ensuring your invoices are paid on time
Having a healthy supply of cash is vital for the survival of small businesses, as it is required to operate and enables you to pay workers, rent and other expenses. Unpaid invoices… Read More
The pro’s and con’s of using someone else’s money
Borrowing money to invest, also known as ‘gearing’, can be a risky business. While it can increase your returns when markets rise, losses can be extreme when markets fall. It is important… Read More
Income investing: Managed funds vs. ETFs
There are a number of options when it comes to choosing an income investment scheme. Investments that generate regular income can be useful in a number of various situations, such as funding… Read More
Invest in your investments
If you are in a position to invest, it can be a great venture to help grow your wealth as well as provide opportunities for others through your contributions. Before investing though,… Read More
Payday loan apps and websites; the pros and cons
Personal loans have become a fast-growing financing option for consumers, with payday apps and websites gaining popularity. For aid between paychecks, payday loans can be very helpful for the pay cycle lull.… Read More
Switching banks for your business
Businesses need to access finance with ease in order to sustain and develop themselves. Is your current bank still cutting it? Here are some indicators and tips to effectively assess your business’… Read More
Areas of investment you might not have considered
People and internal processesArguably one of the best forms of investment is in the employees you hire, and the talent, experiences and skills that come with them. Take the time to reflect… Read More
Get your invoices paid on time
Allowing late invoice payments can set a harmful precedent for your business. Keep your cash-flow steady and avoid wasting time chasing up invoices by following these tips. Have a written agreement of… Read More
Improving cash flow for your business
Cash flow can be an issue for small businesses, especially if you have peak and low periods. Follow these tips to improve your cash flow and avoid running into a tight financial… Read More
Celebrating Xmas at the office on a budget
Christmas is a great time to reward your employees but the celebrations you plan do not have to break your bank. You can have a frugal and fun Christmas at your office… Read More
Credit card do’s and don’ts
Credit cards are useful financial tools that can help you manage cash flow but can run you into debt if you are not careful. Before you swipe your first credit card consider… Read More
Cut marketing costs
Marketing is necessary to increasing your customer traffic and boosting your bottom line but comes at a significant cost. You can reduce your marketing expenses without decreasing the quality of your marketing… Read More
Ways going green can save your business money
Going green at your office will reduce your environmental footprint and save you money in the process. Follow these tips for eco-friendly policies that will benefit your business’ bottom line. Reduce utility… Read More
Save money on your office printing
Printing is vital to running your office but may incur significant costs. Save money around your office by following these tips on managing your printing supplies. Manage your ink and toner useInk… Read More
Tips to save money on office space
The expenses of running your office and paying for rent add up to a significant cost to your business. There are several key ways you should consider to reduce costs, without sacrificing… Read More
Save money on your recruitment costs
Recruiting new staff can be costly and time-consuming. In the long run, using an external recruiting service will keep your team on task and streamline your hiring process. Advantages of an external… Read More
Saving money on your fuel bill
For those who use a vehicle to commute, fuel is an expense that adds up. To save on the costs consider the following tips: Change the way you driveSuddenly braking, taking multiple… Read More
Managing your debt
Debt management is key to staying on top of your finances. Avoiding debt by paying your bills on time and budgeting wisely is the best approach but if you slip into the… Read More
Haggle like a pro
When it comes to saving money on anything from home loan interest rates to new appliances for your house, haggling is critical. Master some of the haggling skills below to reap some… Read More
Tips to save on office supplies
Office supplies may seem like insignificant purchases, but like anything, the costs add up. It makes sense to save on what you can in your business. Consider some of these smart tips… Read More
Everything you need to know about paying off your uni debt
In Australia, we are lucky enough to have student loan programs to cater to the broad demographic of people who want to progress their careers or knowledge through tertiary studies. What is… Read More
Using your credit card wisely
A credit card can be a useful way to pay for the things you want in life. But if you do not keep track of your credit balance, you may find your… Read More
Managing your working capital
Working capital is the money needed for day-to-day business operations and is often a measure of a business’s liquidity, efficiency and financial health. To ensure your business has adequate working capital, the… Read More
Investing: the basics
Before launching your investment portfolio, it is important to be aware of the strategies you can adapt to manage the risks involved in achieving your investment goals. Here are some basics to… Read More
Following up on your debtors
It is important for business owners to be consistent when chasing debtors to recover debts in a timely manner. By doing so, they will be able to maintain stable customer relationships while… Read More
Saving for a home
Buying a house is a great accomplishment; you gain a place to call home where you can create a life full of memories in. It is important to develop a plan for… Read More
Eliminate a product and boost your bottom-line
Sometimes the best way a small business can improve their bottom-line is by merely scraping their under-performing products or services. Refusing to let go of stagnant products will put your business at… Read More
Internet banking: safeguard your savings
Each time you use internet banking to transfer money to family or friends, pay your bills, or check your account activity, consider these handy tips to help keep your savings secure. Check… Read More
Handy tips to prevent personal loan rejection
When applying for a personal loan, it is essential to do everything feasible to improve your probability of getting approved. Receiving just one knockback for a loan will be recorded on your… Read More
Bad business habits
When you run your own business, it can be hard to step back and look at the big picture. Failing to do so, however, not only harms your business; it can also… Read More
How to spot a phishing scam
Falling for a phishing scam is often easy. You receive an email or a text message from your bank asking you to click on a link and verify your account details for… Read More
Boost your business’ cash flow
Managing cash flow is the golden rule for most small business success. Too many small businesses fail due to poor cash flow management. To avoid getting your business into trouble, consider the… Read More
Reducing your winter bills
When the winter season commences, you might notice a spike in your bills. Although, it is no surprise that additional heating and hot water adds up, you may be surprised at how… Read More
Financial checklist before you die
While preparing for a time when you are gone can be morbid, sorting out your financial matters now will help to protect your loved ones later on. Take a look at these… Read More
Financial tips to reach your goals
Whether it is saving for a new car, a house deposit or a holiday; we all have spending habits that can derail us from achieving our financial goals. But luckily, most of… Read More
How to spot a fake loan
When shopping around for a personal loan, it is wise to be conscious of any potential scammers that may try and offer you a deal that sounds too good to be true.… Read More
Finance tips for first-time entrepreneurs
Starting a new business is a big commitment. There are many financial factors a first-time entrepreneur must consider if they are aiming to create a long-term business. Check your personal credit score… Read More
5 Spending habits to break
Our spending habits play a fundamental role in determining how well we can save our money. If you wish to save more efficiently, it is important to recognise a bad spending habit… Read More
How to make passive income
With more and more people opting away from traditional 9-5 jobs, the appeal of joining the gig economy is at an all-time high. However, for many people, forgoing their full-time job is… Read More
Should you use a personal loan?
A personal loan can come in handy if you need some extra cash to fund a purchase, but it may not always be your best option. Before you sign away, you will… Read More
Reducing business expenses
Having control over your business expenses is an essential part of running a successful small business. Fortunately, controlling your expenses does not have to be hard work. Consider the following ways to… Read More
Risks of investing in cryptocurrencies
Bitcoin experienced its worst first quarter in history in 2018, falling from $13,412.44 to $6,928.85 in the three months to 31 March. Bitcoin, among other cryptocurrencies, are slowing down with market values… Read More
Cutting down your marketing costs
When business is struggling, one of the first places business owners look to cut costs is in their marketing efforts. Although many do not view marketing as an essential element, it can… Read More
Tricks to save more money
Most people, at some stage or another, will need to save money. Whether it is for a large purchase such as a house deposit or money for a rainy day, similar savings… Read More
Saying no to pushy salespeople
It is more than likely at some stage of your life you will encounter a pushy salesperson attempting to close a sale. And although you may feel rude to decline, it is… Read More
Starting a business with minimal funds
Starting a business with little to no personal capital will be challenging, but it is not impossible. Luckily, if you think creatively, there are a number of ways you can start your… Read More
Managing investment risks
Investing can be a great financial strategy, but only if risks are managed appropriately. When investing, it is important to understand three aspects surrounding risk; what it is, why it’s important, and… Read More
Managing risks associated with investing
Whenever or however you choose to invest, there will always be risk involved. Luckily, there are strategies you can adopt to manage this risk in the best way possible for you and… Read More
Maximising your accounts receivable
Freeing up working capital can help businesses fund growth, reduce debt levels and lower costs. One way to improve working capital is by managing your accounts receivable. Many businesses fall into the… Read More
Tips for maximising business cash flow
The ability to manage cash flow is a critical tool for business owners. Incorporate the following cash flow tricks to keep the money coming in and the business running smoothly. Make payment… Read More
Cash flow tips to improve your business
Poor cash flow is one of the biggest reasons why small businesses fail. A healthy cash flow allows you to operate your business free of hassle; allowing you to pay your staff… Read More
Making your money stretch further
If improving your finances is on your resolutions list for 2018, you may be searching for ways to make your money work smarter for you. Fortunately, a few simple changes can see… Read More
Money resolutions for the New Year
Many start the New Year with an optimistic list of resolutions. Not meeting those resolutions many months later is all so familiar too, especially when it comes to financial goals. Setting unrealistic… Read More
Getting out of small business debt
Managing debt in your small business is essential to maintaining the financial health of your business as well as preventing bankruptcy. Consider the following tips to ensure your small business debts do… Read More
Chasing up payments from slow customers
Following up on customers that don’t pay their bills is a nuisance, but unfortunately, it is part of running a business. There are ways you can protect your business and take action… Read More
Make your credit card work for you
Not keeping track of your credit balance can be a hard but an important lesson many individuals can learn from. Thanks to interest and fees, many individuals may pay for more things… Read More
Getting customers to settle debts
Good credit management is an important business strategy to maintain cash flow and stable finances. A cornerstone of managing credit is not only making sure an invoice gets paid, but gets paid… Read More
Financial considerations for students
Managing money on a student budget can be challenging but it does not have to be burdensome. With the right financial skills and knowledge, you can learn to manage your money more… Read More
Benefits and risks of joint accounts
Joint accounts can be a great financial tool, but they can also be the source of conflict for partnerships. Before setting up a joint account, consider the following pros and cons to… Read More
Questions to ask before applying for a loan
A loan can be great help. It can assist you in achieving your goals faster, such as buying a house, purchasing a new car or getting your business up and running. However,… Read More
Why real-time bookkeeping makes a difference
Keeping business records up to date and in order isn’t necessarily a habit that comes naturally to all business owners. With owners needing to be on top of essentials like expenses, cash… Read More
Managing your financial affairs when self-employed
There are many rewards when working for yourself; no boss, freedom to choose your own hours and some lifestyle perks. However, self-employment also means you are responsible for balancing your personal and… Read More
Choosing the best loan
Getting a good loan can save you thousands of dollars in fees and interest, so it is important to shop around for the best deal. There are many considerations when choosing a… Read More
Making the most of your tax refund
Getting your tax refund back is exciting, but as tempting as it is to splurge, consider other ways you can put that money to good use. Consider the following options: Add to… Read More
Quick financial tips to make your money go further
There are no steadfast rules for saving money. Everyone’s financial situation is different; people earn different amounts, need to save different amounts and have varying expenses. Luckily, the following tips can apply… Read More
Strategies for getting out of debt
Getting into debt is not usually something you plan for; you may have an emergency fund but sitting down and planning how to pay off debt may not be something you have… Read More
Small business budgeting tips
Budgeting in relation to your small business can make the difference between business success or business failure. A budget helps you keep a better eye on your expenditures and hence your profit… Read More
Top tips for term deposits
Term deposits are an easy and secure way to invest your funds. But it is always a good idea to do your research and shop around first to find the best return… Read More
Cash flow tricks you should be practising
The ability to manage cash flow is a critical tool for business owners. Incorporate the following cash flow tricks to keep the money coming in and the business running smoothly. Make payment… Read More
Handling pushy salespeople
Rejecting a sales pitch can be difficult when dealing with a persuasive salesperson – however, having additional time to think about their offer is much more beneficial in the long run. Salespeople… Read More
Containing business costs effectively
Saving money should be a priority in any business. The ability to cut costs on the overheads involved in running a business is a skill that can set you apart from others… Read More
Saving on overhead costs
Owning a business will, especially for new business owners, entail a number of fees and costs that can reduce profits. Luckily, there are many ways to save money on overhead costs. Below… Read More
What is an interest-only loan?
Interest-only loans have grown considerably in Australia over the past few years. However, a recent crackdown from the Australian Prudential Regulation Authority on this type of lending highlights the risks of these… Read More
Weighing up unit trusts
Unit trusts are a way of holding assets and are most commonly used as a form of investment strategy. A unit trust is a particular type of trust that allows individuals to… Read More
Successful business borrowing
With banks conducting careful research to determine a business’ risk factor, it is more important than ever for businesses to maintain a good relationship with their bank in order to safeguard their… Read More
How to cost-effectively drive business sales
Making more business sales, especially through slow periods, can seem difficult. With rising overheads and limited cash flow, increasing sales is likely to be high on the agenda. Fortunately, business owners can… Read More
Do you have unclaimed money?
In Australia, there is currently $1.1 billion worth of unclaimed money. Unclaimed money usually eventuates as a result of people moving often or moving internationally, and some people simply forget or do… Read More
Managing your finances
The ability to be smart with your finances in order to make more money is not always easy. We live in a society where we are encouraged to consume, and we often… Read More
Understanding credit scores
Credit scores are an impact factor in determining an individual’s credit worthiness. When an individual applies for a loan, such as a mortgage or car loan, a credit provider will use a… Read More
What investors will look for when funding a startup company
Ultimately, every investor is different. However, when looking to invest in any startup company, there are a number of boxes you will need to check regardless of who decides to invest in… Read More
How to increase prices without deterring customers
Although, some business owners may be apprehensive at the thought of increasing prices, it is an inevitable and necessary part of business survival. While most customers may not be thrilled by the… Read More
Tips to prevent business fraud
Business fraud is a significant and growing issue for small business owners. Although fraud is not completely unavoidable, there are ways businesses can protect their private and confidential information. Here are five… Read More
Understanding financial ratios
Financial ratios are useful tools for business owners to monitor, analyse and improve their business performance. A financial ratio contains one or more financial figures and is expressed as a ratio, rate… Read More
Budgeting for growth
It may seem obvious that business growth can only occur when there is money available for reinvestment. However, many businesses do not consider this when budgeting and planning their long-term finances. One… Read More
Tips to get out of debt faster
An overwhelming majority of people will face debt at some point in their life. Uncontrolled debt can easily snowball and severely impact an individual’s lifestyle and financial freedom. Fortunately, debt is manageable… Read More
Tips for improving cash flow
Maintaining appropriate cash flow is a critical component of running a successful business. Despite this, running out of liquid capital is one of the most common reasons that small businesses fail. Monitoring… Read More
