#Personal Finance Advice

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A well-structured insurance portfolio, guided by independent financial advisors and personal finance advice ensures financial stability if illness or injury prevents you from working.

[financial-adviser-exam]

Expert Financial Advice: A Guide to Personal Finance and Planning in Australia

Navigating the complexities of personal finance can feel overwhelming, but with the right financial advisory services, you can build a solid foundation for your financial future. This guide explores the best ways to access financial advice in Australia, whether online or in person.

Why Personal Finance Advice Matters

Effective personal financial advice empowers individuals to:

Manage day-to-day expenses.

Save for significant milestones like buying a home or retirement.

Invest wisely for long-term growth.

By consulting with professionals, you can avoid costly mistakes and create a sustainable financial strategy.

Best Sources for Financial Advice in Australia

Certified Financial Advisors: Certified advisors provide reliable and ethical guidance tailored to your financial situation. Whether it's retirement planning or wealth management, their insights are invaluable.

Financial Advisor Online: The digital age has made financial advice online more accessible than ever. Platforms offering virtual consultations or automated financial planning tools allow you to get expert help from the comfort of your home.

Independent Financial Advisory Services: Independent advisers focus on your best interests without promoting specific financial products. This ensures unbiased and comprehensive advice.

Top Tips for Personal Finance Success

Here are actionable financial tips to get started:

Set Clear Goals: Whether it's saving for a house or reducing debt, having clear objectives helps you focus your financial efforts.

Budget Effectively: Track your income and expenses to identify areas for improvement.

Invest Wisely: Diversify your portfolio to minimize risks and maximize returns.

Plan for Retirement: Start early and contribute regularly to superannuation or other retirement accounts.

Benefits of Financial Advisory Services

Choosing the right financial planning and advisory services can help you:

Develop a customized financial plan.

Access expert investment strategies.

Stay informed about changes in tax laws and economic trends.

Finance Advice Tailored to Australians

Australian regulations emphasize transparency and customer protection in the financial planning sector. This means you can trust licensed professionals to deliver the best financial advice for your needs. Platforms like ASIC’s MoneySmart provide tools to verify advisor credentials.

Online Financial Planning: A Modern Approach

In today’s fast-paced world, online tools are transforming financial planning. Features such as automated budgeting apps, robo-advisors, and virtual consultations are making it easier than ever to access personal financial advice.

Take Control of Your Finances Today

Whether you prefer in-person consultations or digital solutions, taking steps toward effective financial planning is key to securing your future. Explore trusted finance advisory services and embrace a proactive approach to financial management.

For Australians seeking reliable financial advice, the options are extensive—start today and take charge of your financial journey.

[supernattyoblog]

How to Become Rich

[freesandwichmoon-blog]

5 Compelling Reasons to Get a Capital One Walmart Credit Card Today!

Are you searching for a credit card that offers unbeatable rewards, outstanding perks, and unparalleled convenience? Look no further than the Capital One Walmart Credit Card! Here are five compelling reasons why you should get one today: Generous Rewards: With a Capital One credit card, you’ll earn rewards on every purchase you make. Whether it’s cash back, travel miles, or points towards…

[themoneysavvyblog]

6 Steps to Financial Stability

Most of us wish we were rich, but financial stability might be even more important. It’s not the inability to buy a mansion that makes people unhappy. Rather, it’s the inability to move beyond living paycheck to paycheck. If you’re not happy with your finances, it’s likely that greater financial stability will have a major impact on your sense of well-being. Follow these steps and enjoy…

[willsandtrusts]

Stay informed with the latest financial news, insights, and expert advice from the friendly team at Wills and Trusts Wealth Management Ltd. Discover valuable insights for managing your wealth.

[honeytonedhottie]

financial literacy⋆.ೃ࿔*:･✍🏽🎀

so i released a poll if you guys would like a post on financial literacy and the results are here. so im gonna share some things that i learned while taking a financial literacy course…💬🎀

WHAT IS FINANCIAL LITERACY ;

financial literacy is handling ur money wisely. the google definition of financial literacy is the ability to understand and apply different financial skills effectively, including personal financial management, budgeting, and saving.

ALL ABOUT BUDGETING ;

when u hear the word "budget" its rly easy to think "omg limiting belief" or think of it in a negative light but a budget is just a plan on how u manage ur money. its not always constrictive and negative like u may or may not think of it to be.

budgeting : keeping track of how much $ ur bringing in and how much ur spending…💬🎀

planning a budget is ez pz. you can use some paper and sparkly pink gel pens to create an adorable budget, or u can download different sheets online and just have your budget digitally. theres a plethora of resources out there so just choose whichever is easier for u.

something else that i learned about during this course was the 50:30:20 rule. its called the 50:30:20 rule because 50% of ur money goes towards ur needs, 30% goes towards wants and 20% goes towards ur savings. and this isnt concrete, its just a good framework and u can adjust to ur own specific needs and goals.

for example if u manifested $4000. ur 50% would be $2000, ur 30% would be $1200 and ur 20% would be $800…💬🎀

HOW DO U KNOW WHAT UR NEEDS/WANTS ARE ;

things like ur rent and groceries are ur needs and things like vacations and going out with ur girls are wants. and to apply the 50:30:20 rule you first have to...

♡ calculate ur needs, wants and savings budget

♡ compare ur expenses to ur budget

the way u do this is to subtract your expenses from your budget. this is your budget balance. if your budget balance is zero or positive, that means you are living within your means and have some extra money. if your budget balance is negative, that means you are spending more than you should and may have a budgeting problem.

let me know if u guys want more content about this cuz i had a lot of fun writing this…💬🎀

[bitchesgetriches]

All labor deserves compensation. Even ours.

Bitchlings, did you know that you can join our Patreon for FREE? Yep. You can join for free and benefit from updates, get notified of new courses, workshops, and articles, and do it all within the loving and shapely arms of a community of fellow bitchlings longing to become rich...lings.

At the moment we have 152 free Patreon members. And we LOVE that they're showing their support with a free membership! Not everyone has the money to donate to support our mission right now. That's understandable! After all, our target demographic is People Who Need Help With Money Stuff.

But if even HALF of our 152 free members started paying just $1 a month to support the Bitches Get Riches mission... we'd have $76 more dollars every month to put into this passion project. That's $912 a year going toward all this great stuff:

Paying our website hosting fees so we have a dedicated space to keep ALL of our research, resources, analysis, and advice.

Paying our podcast hosting fees so people have access to our original podcast episodes.

Paying our assistant and producer, the lovely Ducky herself, for all the incredible work she does editing audio and video, promoting our work across social media, answering all the emails, and corralling us like a gator wrangler with two hissing prehistoric reptiles who'd generally rather be floating around in the murk than producing useful content

But most importantly... we'd be able to create more blog articles, YouTube videos, and podcast episodes. All of that shit is HARD FUCKING WORK. And while we're doing it, we lose the opportunity to do OTHER paid work.

All labor deserves compensation, my loves. Even that of your humble Bitches. If you're a free member of our Patreon, consider raising your membership to the $1 level today.

And if you've been thinking of joining us on Patreon at ANY LEVEL... why wait? Join us on Patreon right heckin now!

We love you, babies. Keep on keeping on.

~Piggy & Kitty, Co-Bitches, BitchesGetRiches.com

[femmefatalevibe]

Any tips on saving money?

Track your income/expenses. Knowing your monthly cash flow + essential and discretionary spending is the only sound starting point toward setting your financial goals.

Evaluate your non-essential spending habits. Consider where this money is going, and whether these expenses add value/are necessary to your life (pleasure or peace of mind is an acceptable "necessity" if you're living within your means to be clear!).

Determine the money you have left over after you cover your essential expenses and most fulfill discretionary expenses. This amount is your "saving/investment" money.

Divide your leftover amount into 3 categories: Emergency fund, goal-oriented savings (like buying a desired luxury item/furniture, a down payment on a house, a vacation, etc.), and investments.

Put your savings in a high-yield savings account. If possible, have different accounts for each purpose, especially your emergency fund and savings for future purposes. You can also get a CD for a long-term savings goal.

Put your investments (in the USA at least) in the following buckets: Roth IRA (max it out), ALWAYS take your employer's full 401k match, HSA (if you have a high-deductible health insurance plan), and S&P 500 index funds/other evergreen mutual funds + blue-chip stocks.

Purchase fewer, higher-quality items. Know the sales seasons for each product category and shop around this calendar (down to the produce items in season). If possible, rent items when it makes sense.

Only say "yes" to plans/financial obligations that add value/pleasure to your life. Don't let yourself feel shortchanged financially or emotionally. It's never worth it, honestly.

Invest in your physical, mental, and financial health first. This can mean something different for everyone but it's important!

**I'm not a professional, just another young woman on the internet, so please take this advice accordingly. Please meet with a financial advisor/CPA for formal advice and personal financial planning.

Hope this helps xx

[faaun]

my research partner and i are huddled in a blanket in paddington waiting for a too-late train i already miss you and you and you

[lemongogo]

need 2 find myself again in 2025 . tbhwu

[bunnyboy-juice]

im begging people to turn on the post dates for your feed bc sometimes i see ppl rb advice with good intentions but the advice is from 2010-2017 and therefore is WILDLY outdated!!!! and that's not good!!!!!

[assetamity]

Asset Amity: Your Partner in Financial Growth

At Asset Amity, we believe that financial knowledge is the key to unlocking a prosperous future. Our goal is to provide people and organizations with the knowledge and resources necessary to make wise financial decisions. Our content is made to be easily accessible, educational, and entertaining, regardless of your level of expertise with investing or where you are in your financial journey.

[cazort]

I see a disturbing number of people, mostly millennials, these days, who have significant incomes and are starting to amass significant savings, who have terrible financial management skills. People who live at home with parents and get a full time job can accumulate money really fast. A lot of people are letting huge amounts of money, like sometimes as much as $20,000 or more, accumulate in checking accounts where it is earning either no interest or negligible interest.

Because inflation is high (over 3% these days), you are effectively losing money when it sits there. Also you're allowing the bank to profit off it; it's lending your money out to other people, often at interest rates as high as 6-7% or more, and it's not paying you for it.

If you have more than maybe around $3000 dollars in an account, you want that money earning interest. Here are things you can do to earn more from your money:

Open a savings account at a higher yield. Go to a different bank if necessary. CIT Bank has rates around 5% these days.

Pay off high interest rate debt but not low-interest rate debt. If the interest rate is above about 7-8% definitely make it a priority to pay it off ASAP. If it is above 5% it is still better to pay it off than to sit on your money. If it is much below 5%, pay it off as slowly as possible (minimum payment only) because there are risk-free ways to earn more interest on your money.

If you don't need the money in the short-term, consider a CD (Certificate of Deposit) which offers a fixed interest rate over a certain time. Often you can get a slightly higher rate by tying your money up for 3 months or 6 months or sometimes even longer. These are good options if you have a specific expenditure in your future, like perhaps moving or buying a home, but you know it won't happen until after a certain date.

Open a brokerage account. Brokerage accounts allow you to buy and sell investments such as stocks, mutual funds, or bonds, which include CD's from banks as well as treasury and municipal bonds and corporate bonds. You get more options for buying CD's (i.e. you can compare many different banks side-by-side, buy CD with the best rate, and manage multiple CD's within a single interface.) Most brokerage accounts have no fees and typically no or very low minimum investments. There is no reason not to have one if you have a few thousand dollars.

In a brokerage account, buy a money market mutual fund. Look for one with no load and no transaction fee, a high yield, and a low expense ratio, and a fixed share price of $1 per share. My two favorite are SWVXX and SNSXX. SWVXX has a higher yield (about 5.19%) whereas SNSXX has a lower yield (just over 5%) but is non-taxable on state income taxes, so SNSXX is a better choice if you have a high state tax rate, otherwise SWVXX is better.

Consider opening a Roth IRA if you haven't, and then, if able, contribute the maximum amount each year. You are allowed to make a contribution that counts towards the previous year, up until the tax filing deadline of the current year. So for example today it is Mar. 14th, 2024, so you can open a Roth IRA today and contribute the max ($6,500) for the 2023 year and also the max ($7,000) for 2024, for a total of $13,500. The main advantage of a Roth IRA is that the money in them can grow tax-free. Roth IRA's benefit anyone able to have one (the richest people are not allowed to contribute to them) and are especially important for people who are self-employed, change jobs a lot, or never work full-time, so they don't have a consistent employee-provided retirement plan.

Consider investing in stocks. Stocks are riskier (in that their price changes, and you can lose money when investing in them), but tend to have a higher yield than savings and money market accounts and funds. The simplest way to buy stocks is to buy an ETF (exchange-traded-fund). I recommend buying one that follows the S&P 500 and has a low expense ratio like SPY or VOO. Whatever you buy, reinvest the dividends and let it grow, contribute a little money every year so are putting in money even in years the market is down. On average you get about a 10% return in the market but it is unpredictable and you will lose in some years, but that's okay, you're not retiring for many decades and the money will have grown a lot by then.

There are options regardless of your risk profile. It is throwing your money away to let a lot of money sit in a checking account. At a bare minimum, go for a high-yield savings account, CD, or better yet get a brokerage account, put it in high-yield money market funds like SWVXX, shop around for CD's or other bonds with the highest rates, and if you are able to tolerate some risk and want a higher return, consider putting some money in more aggressive investments like stocks.

I am 100% for tax reform and other reform to curb the extreme concentration of wealth in the hands of a few, but it's also important to take your financial situation into your own hands. Get financially comfortable. Get a stake in the US economy. Empower yourself so you can live better and help your family, friends, and the causes you care about.

[themoneysavvyblog]

5 Saving Tips That May Not Work

There is a plethora of advice on how to save money, including on this blog. Although well-meaning, sometimes financial tips just don’t work. Here are a few tips that never worked for me. Couponing I previously wrote about couponing, whether extreme or not. Couponing is a lot of work, and may not save you as much as you think, particularly in Canada. It sure never really worked for me. Bulk…

[somyapandit]

Achieve Financial Freedom: Your Path to Wealth & Independence"

Are you ready to take control of your finances and unlock the path to true financial freedom? In this video,we dive into the essential steps you can take to build wealth, eliminate debt, and secure long-term financial independence. Whether you're just starting out or looking to refine your strategies, this guide will give you actionable advice on budgeting, investing, and creating passive income streams. Don't wait—begin your journey to financial freedom today!