Category Archives: Insurance

Significant changes to income protection insurance

Posted on July 22, 2021January 5, 2022 by Wick Financial

Changes to income protection insurance may impact you after 1 October 2021. OR Act now, before 1 October 2021 changes to Income Protection Insurance impact you. New government regulations have been introduced that will reduce the benefits available on new income protection policies after the 1st of October 2021. If you currently have a personal […]

Significant changes to income protection insurance

Insurance

Significant changes to income protection insurance

Tap into the amazing power of compounding

Investment

Tap into the amazing power of compounding

This is an excellent and detailed explanation of the power of compound interest to boost wealth. It also explains the effect of tax and inflation. The article uses a simple example to outline how compounding works and finishes with a call to action to seek advice.

Ten tips for managing debt

Money Management

Ten tips for managing debt

There may be times when you add up all your debts or look at your credit card statement and have a bit of a panic.

Avoiding an inheritance headache.

It was the overwhelming silence that hit Judy, the first time she visited her family home after her mother’s passing. With that thought came the slow, deepening realization that she was going to have to cope with a lot more than the heart-breaking grief. As she sat alone, surrounded by the possessions her mother had […]

An important conversation with your parents (and your kids).

None of us likes to consider our own mortality. For our older loved ones, it’s an even more confronting topic and difficult to discuss. When Lindsay became ill, his family’s priority was to support him through his treatment and keep him positive and as comfortable as possible. Typical of his generation, Lindsay had always been […]

Six steps to mastering your debt successfully.

Australian households are the fifth most indebted in the world, according to 2020 data from the OECD. Based on their research, a household with a disposable income of $100,000 has a debt of approximately $203,000. With rapidly rising interest rates and rampant inflation, the cost of living will only continue to escalate. Home loans, credit […]

Keeping up with the Joneses could be costing you more than you think.

There’s a quote that says, “Money can’t buy you happiness, but it can buy you a yacht big enough to pull up right alongside it”. True if you’ve got that sort of money. For the rest of us, our spending is usually on clothing, gadgets, and cars – the kinds of things that make us […]

Helping you keep out of trouble with your credit card debt.

Credit cards certainly can make life easier – they are simple to use, accepted almost everywhere, and help you to buy what you want, when you want, particularly online. So much so that living close to, (or often beyond), the credit limit has become the norm for many people and spending can quickly get out […]

Breaking free from living pay-to-pay.

Now and then, Jodi borrowed $100 from her parents. She’s good for it, and always paid it back, but her situation was not uncommon. ‘5.9 million Australians live pay to pay’ [1] A study by Deloitte between November 2021 and January 2022, surveyed over 14,000 Millennials (born 1983 – 1994) and Gen Zs (born 1995 […]

What will the Labor win mean for markets?

Labor’s election victory marks the end of the Coalition’s almost decade long reign. This election has seen several successful ‘teal’ Independents, including Monique Ryan, who ran against the incumbent Treasurer, Josh Frydenberg. With such closely aligned policies between the major parties, the main risk for markets will come if Labor needs to rely on the […]

Four financial resolutions to kick start the new year

The dawn of a new year sees many people setting new year’s resolutions such as losing some weight or giving up smoking. Similarly, the beginning of a new year is the ideal time for setting financial goals, and here are four practical ways you can kick your year off to a great financial start. 1. […]

Five ways to recession-proof your business

Economies tend to face headwinds every ten years as the business cycle moves from periods of growth to contraction. While recessions are challenging for small and medium businesses across Australia, it doesn't mean there aren't significant opportunities to strengthen your business and come out of challenging times stronger and more profitable. In this article, we're sharing five ways you can recession-proof your business.

Wick Financial Pvt Ltd, Corporate Authorised Representative (1283879)
of Lifespan Financial Planning Pty Ltd AFSL 229892

The information on this web page is not advice and is intended to provide general information only. It does not take into account your individual needs, objectives or personal circumstances.

Blog

Avoiding an inheritance headache. November 8, 2022
An important conversation with your parents (and your kids). November 4, 2022
Six steps to mastering your debt successfully. November 1, 2022
Keeping up with the Joneses could be costing you more than you think. October 25, 2022
Helping you keep out of trouble with your credit card debt. October 21, 2022