Personal Finance Software

PocketSmith Review

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This post contains affiliate links. I’ve used Pocketsmith for 3 years and originally published this Pockesmith Review back in 2015 before any affiliate service was offered. You can trust the review is a genuine one. There’s no doubt keeping track of your personal finances is extremely important to building wealth over the long term. At […]

Net Worth Update

Net Worth Update (September 2015)

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Previous update here. Overall, Net Worth is down 37.59% for the month. Monthly contribution to my personal portfolio occurred. Cash reduced. Debts decreased.  One thing I want to do is reduce outgoings; to this end I’m looking over my accounts in more detail next month and also finding somewhere less expensive to rent by year […]

Net Worth Update

Net Worth Update (August 2015)

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Overall, Net Worth is up 9.46% for the month. New investments were made in Super and my personal portfolio. Debts increased. Credit has an interest free period in which debts will be reduced. Cash reduced reflecting the above debts and investments. Assets: Cash: $11,553  (-6.91%) Superannuation: $29,709  (+2.37%) voluntary contribution of $1000 made Investments: $4,307 […]

Investor Resources

Economic Growth and Equity Returns.

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Reading the Australian Financial Review on an interstate flight yesterday, I accepted the assertion that the slowing of economic growth in China was a large contributor to the recent volatility to global share markets. This week in Australia at least, we had a drop in the market of 4.1 per cent Monday and a rise […]

Retirement

Superannuation Nest Egg

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Like many countries, Australia has a compulsory savings system in an attempt to ensure individuals have adequate retirement savings to provide income when they’re no longer working. It’s called Superannuation or ‘Super’ for short; currently a minimum of 9.5% of our pre-tax salary is directly contributed to Super. Individuals can voluntarily contribute more of their […]

Retirement

Making the Most of Superannuation on a Lower Income

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As a graduate student I’ve spent most of my adult life (the last 11 years) working casual or part-time, with only 12 months in paid full time work between degrees in 2008. This has meant a lower income for me, between $6,000 p.a. as a teenager and approx. $40,000 p.a. now (and I’m still studying […]