Posts

Tax Imputation Credits: an election dealbreaker?

We try to stay away from politics and religion. We are agnostic in every sense of the word in both categories. They distract from our mission of independent financial education.

But we’re jumping in on an issue which is certain to impact voting in the upcoming Australian Federal election – Tax Imputation Credits. This post is therefore somewhat political. Sorry-not-sorry.

We’re jumping in because:

  • it affects Fran’s own situation.
  • it’s entwined so intricately with superannuation growth, the subject of a lot of our education.

If you don’t understand how this system works, you’re not alone. The leader of the oppositions’s recent Sky News commentary suggests he doesn’t understand either. Read more

Money Mindset: Ask the right question

By Lacey Filipich BEng(Hons) MAICD Cert Gov (NFP)

When talking to people about their financial goals, a common question they seem to ask themselves (and me, and I assume their financial planner) is:

How much money do I need to retire?

It’s an interesting question, but it’s not the right question. Read more