Financial Insights & Updates - July 2022
Welcome to the July issue of Financial Insights and Updates.
As the results of the 2021 census are being released, the article ‘Bigger mortgages, higher rents – Four financial takeaways from the 2021 census’provides some interesting financial facts worth looking at.
The article ‘To be or not to be the Executor’ will provide food for thought for those who have been or might be asked to take on the important role of Executor of a deceased estate. Remember – sometimes saying ‘no’ could be better for all parties involved, especially when in doubt.
If you or someone you know seem to find it hard or feel guilty about spending money you/they can afford to during retirement, the article ‘Three behavioural factors that affect retirement spending’ might be able to shed some light on the reasons why.
In signing off, please remember that we are always available to answer any questions or queries you may have and to come speak with us before making any major investment decisions.
Warm regards,
The Team at Savanna Pride
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Bigger mortgages, higher rents: Four financial takeaways from the 2021 census
Try and cast your mind back to August last year. For plenty of people that will likely evoke unpleasant memories of COVID lockdowns, but on a Tuesday night in the middle of August, millions of Australians sat down to... Read More
Three behavioural factors that can affect retirement spending
Retirees work hard to build up their nest egg but many are hesitant to spend it when the time comes. Here are three behavioural factors that affect retirement spending and how you can overcome them to ensure you make... Read More
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Interest Rates 101
While we understand banks charge interest on their home loans, exactly what determines the rate? Should we be worried that interest rates will spike higher in the years ahead? For most people, it's all a bit of a puzzle. Read More
To be or not to be the Executor
If you’re the eldest sibling in the family, or deemed to be the “most responsible”; if you’re seen to be a good friend by someone; or a fine upstanding citizen by others, chances are you will be asked to be... Read More
How to go broke trying to get rich
According to the Collins English Online Dictionary, a get-rich-quick scheme can be defined as, a promise to make a person extremely wealthy over a short period of time, often with little effort and no risk. If you think that... Read More
Protect your income
Your income is the foundation upon which your family’s financial plans are built and in most people’s lives there won’t be a larger asset to protect than their cumulative income. Consider this - a 40-year-old man currently... Read More
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