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Money and its Importance

Money does not grow on trees. Money is the reward you get for the hard earned effort and results that you put into the work you do for it. It is imperative to save the money you have generated and invest it on the things that will support your growth. It could be that dream holiday that you have always wanted, or the start-up business that you have been talking about with family and friends. Saving is a life skill, a mind-set that determines our survival.
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Money and Retirement Planning

Most of us would like to maintain our current lifestyle even when we retire. In order for this to be a reality, early retirement planning is extremely critical. It takes many years to accumulate the funds to live comfortably when one is no longer receiving a constant stream of income like a salary. If you start investing earlier, it will allow for the accumulation and growth of funds over decades prior to retiring. This will allow you to build up a substantial amount of resources so you can enjoy your retirement life.
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The Importance of Life Insurance – Protect You and Your Loved Ones

Life insurance is an essential part of having a comprehensive financial plan. There are numerous types of life insurance policies which range from fairly cheap to expensive, depending on the type of coverage selected.

There are two basic types which are term life and whole life. The first is basic coverage that provides a death benefit protection for a defined period of time and the latter provides a lifetime benefit for a set premium amount. Australia has one of the widest ranges of insurance products in the market.
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The Benefits of Getting Professional Advice from a Financial Planner

When it comes to financial planning, most people believe that they can do it themselves. It’s certainly understandable for many who are in middle income families to believe that getting professional advice is not necessary. After all, people who need a financial planning adviser must make millions of dollars, right?
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Super – How much will you need?

Have you ever considered how your super will fund your lifestyle in retirement? Like many Australians, you may contribute regularly to your superannuation fund, but have you actually determined how much you will need to survive once you stop working? Waiting until you retire to do the sums is leaving it too late. There are a few questions you can ask yourself, in order to help yourself decide how much you are going to need to have in your super account when you retire.
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10 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. 

To help you manage your debt position, here are 10 Tips for Managing Debt;

1. Consolidate: Pool all your debts into one. The benefit here is that you may reduce your overall interest cost. This would certainly be the case if you use a line of credit facility and combine high interest credit cards. If the line of credit was attached to your mortgage, however, you’d be eating into the equity on your home, which may be an unwise strategy in some cases.

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The Professionals Map to SMSF Financial Advice

SMSF Advice For the Professional!

One can only do their research and or be referred by someone they trust in order to get quality Financial Advice these days. As widespread Australians cannot rely on their Pension funds for Retirement. The government’s proposal to increase employer contributions from 9.25% to 12%, still will not provide enough for the average family , to be able to retire on.

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