The Three Styles of Money Management.

In Manage Money by Phil McGilvrayLeave a Comment

Not too many people consciously think about their style of money management. For most people, day to day “money management” just happens without any real purpose or planning. Unfortunately, it is a proven fact that in the absence of ‘purpose’, people will almost always drift towards the negative mindsets and habits held by mainstream society. This is particularly true of the way we manage money and our finances…

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4 Ways to Ensure You Have Enough Money for Retirement

In Manage Money, Retirement by Phil McGilvrayLeave a Comment

A 2012 Study conducted by fund manager Challenger identified that the average Australian is retiring with just $60,000 in superannuation. Now many of the people retiring today have not had the lifelong benefit of employer superannuation which only became compulsory in 1992, however $60,000 is still a depressingly low figure. While most of us will have the benefit of compulsory employer contributions to help bolster our retirement savings you can be absolutely certain that employer contributions alone will not be enough to give you a comfortable retirement.