Reading Time: 1 Minute Greetings everyone! As promised, a short and insightful video on how to create an emergency fund. The importance of an emergency fund has never been more paramount than in the last few months. Go on, watch the video! Transcript: Today’s video is on the how, what and why of having an emergency fund. As this year has shown, now is the time to start boosting that fund! What is an emergency fund? An emergency fund is money you set aside to cover unexpected or urgent bills such as unexpected medical bills, an urgent car repair or perhaps unexpected travel expenses (like if you’re stuck overseas and…
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How The COVID-19 Pandemic Has Defined Our Generation
Reading Time: 2 Minutes Today’s post is a bit on the sombre side, courtesy of demographer Mark McCrindle regarding how the Coronavirus has affected different generations. According to his recent report, the age at which we’re exposed to a transformative event determines how embedded it will be in our psyche. And it’s unsurprising that 84% of adults surveyed agree that the COVID-19 pandemic will play a significant role in shaping the younger generations of today. Top 5 emotions in response to COVID-19 Similarly, COVID-19 has extended into all areas of our life – from the way we travel, to work, to shopping habits, socializing (or lackthereof) and how we approach…
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Industry Secrets From A Leading Real Estate Agent (Youtube Video)
Reading Time: 2 Minutes We were away for a birthday weekend and on very short notice, I thought I would interview my good friend and leading real estate agent – Michael Taylor from Stanton & Taylor, Penrith. Michael shares some common pitfalls as well as tips for buying and investing. His family business has been around for over 60 years so there’s a ton of knowledge to share! (Excuse the sound quality as I left my microphones at home). I hope you guys got some value out of that! Thanks again to Michael, for being such an accommodating guest on such short notice. And again, apologies for the sound quality……
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3 Common Structures When Buying Property (Youtube Video)
Reading Time: 2 Minutes Howdy all, another Youtube video for you guys. So, if you have ever wondered what is the best structure to purchase property in, then please have a watch below! Buying property has both legal and tax considerations so we must get it right first time, as it will be costly and difficult if we need to change later on. Transcript: Today’s video goes through the 3 common structures of an individual, a company and trust as well as the pros and cons of each. It’s important to consider your ownership structure because it may have tax as well as legal consequences depending on which structure you…
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June Net Wealth Update
Reading Time: 2 Minutes Amazing that we are past the halfway mark of 2020 already. Does anyone else feel like the height of the pandemic in March was only yesterday BUT somehow feels so long ago? “Puts hand up”. May’s net wealth update highlighted the risk of a 2nd wave, and with Victoria in lock-down and NSW seemingly next, that 2nd wave is on our doorstep. Please. No. More. I think most of us are pretty much over 2020 and just looking forward to 2021. But I feel like we haven’t seen the last of the volatility, and with that – the rollercoaster of the markets… I’ve been trimming some…
