In Australia, we’re pretty big on borrowing money. According to figures published by Finder in 2024, Australia takes the number three spot, after Switzerland and the Netherlands in the top five countries with the highest levels of household debt. So, if you’re in debt, you’re certainly not alone in owing money. Mortgage debt is the number one contributor to household debt, followed by personal loans, credit cards and student loans. Quick stats – average Australian debt levels

Super is money from your employer and your own savings you can use when you retire. As you earn an income it keeps growing a little at a time. But if you want to set yourself up for more choice for your life in retirement, there are two ways to help your super savings grow faster. Super booster #1: save more When you earn income, your super gets paid by your employer as a percentage of your salary. That’s something they are legally required to do and that’s why it’s called th

Living off the income from investments is a dream for many Australians. Along the way, passive income can help cover school fees, fund holidays or pay for life’s little luxuries. Whether you're just starting out or looking to diversify, here are three ways to invest for passive income, for different levels of risk appetite, investment experience and investment timeframes. 1. Dividend investing Investing in companies that pay dividends is one of the most popular ways to genera

Wills aren’t just for later in life and you should really have one when you start earning. As money and family matters can be complex, it...

We're all familiar with the concept of super. It's that portion of our salary that employers are required to contribute to a super fund...

Managing debt can often feel overwhelming but there are several strategies you can implement to make the process more manageable and even...

#1: Set clear retirement goals The very first step in retirement planning is to define what you want your retirement to look like. When...

Imagine an extra $500 landing in your super fund, courtesy of the government, simply for being proactive about your financial future. If...

There are over seven million lost and Australian Taxation Office (ATO) super accounts with a total value of $17.8 billion* – a share of...

Generally, you can, but there may be other things to consider. When you access your super at retirement, depending on your age and...

One in four retirees could be thousands of dollars a year further ahead just by claiming one or more key government entitlements as soon...