Financial Education for children

Financial education for children (of all ages) is a gift that will see them in good stead for the rest of their lives.  As a responsible parent/ adult, mindful of your goal to provide financial independence for yourself and for your family, you have established a financial planning strategy; you have accumulated financial wealth; you have a well-considered ‘estate plan’; and to the extent necessary, supported this with life insurances [...]

By |2021-04-06T15:49:36+10:00April 6, 2021|Wealth Management|0 Comments

Lifestyle Funding

Lifestyle funding - Childrens activities: plan ahead for costly programs In an article published on 2 September 2011 in news.com.au (authored by Sonja Koremans), it was claimed that one of the modern dilemmas for families is budgeting for lifestyle funding: particularly, funding children's activities. Some extracts from that article, follow – Many households are forsaking financial security and family well-being by taking out loans and running up credit cards to pay [...]

By |2017-07-31T11:39:54+10:00September 7, 2011|General, Wealth Management|0 Comments

Insurance Bonds revived

Insurance Bonds OR Investment Bonds? Insurance bonds are investment vehicles that can be started with a relatively modest amount of money: that money (and any subsequent amount(s) paid into the bond) is invested in an appropriately selected mix of assets (nominated by the investor) managed by the insurer – and after 10 years, the proceeds can be drawn, tax paid (read that as tax-'free' at that stage - as in, [...]

By |2018-09-27T15:08:28+10:00March 16, 2011|Investment Strategies, Wealth Management|0 Comments

Financial plan review

Financial plan review - regular reviews plot progress toward goals attainment A financial plan review is the final piece in the wealth management dilemma that started with 'Where did the year go?'; and was followed up with 'Wealth management discipline averts financial loss'. Those posts encourage regular reflection on your financial position: this post addresses the most important of them - an annual financial plan review confirms progress toward established goals; and provides opportunity [...]

By |2021-05-01T16:00:58+10:00June 11, 2010|Wealth Management|0 Comments

Funding childrens education

Scholarship funds - and alternative strategies What are Scholarship Funds? Scholarship funds are structures specifically designed for funding childrens education. They are managed investments, where contributions from parents and/or relatives are pooled to help save for a child’s future education costs. They are usually only offered by friendly societies. Like other managed funds there are fees charged on these products for maintaining the investments – and the provider makes the [...]

By |2017-07-31T11:40:03+10:00March 10, 2010|Wealth Management|0 Comments
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