A spike in single income households looms as COVID-19 ravages jobs and families. Single incomes also stem from breakups and new babies, and financial advisor and author Helen Baker says cutbacks will be necessary. If you have a household budget revisit it, and adapt it to your changed … [Read more...]
Divorce, job loss: How to survive on one income
Suddenly finding yourself on a single income is a harsh reality. These 7 tips from financial adviser Helen Baker will help ease the stress. Sometimes a single income is a choice, such as when a baby arrives. Other times it’s by default, such as separation or a partner passing away. Now, more … [Read more...]
6 ways to ensure your business is tax ready for EOFY
These are uncertain times. We can see the world changing before our eyes. Yet there is a thing we know for sure won’t change – taxes. So now there are some things business owners need to be thinking about to get ready. 1. Federal government stimulus package The stimulus package has several … [Read more...]
5 tips on making your money work harder for you this financial year
Yes, there’s a great deal of uncertainty arising from COVID-19. But don’t be fooled into thinking you have zero control over your money this financial year! We’re grappling with a global pandemic, recession, surging unemployment and uncertainty about when and if things will return to normal. As … [Read more...]
5 common money mistakes business owners need to avoid this financial year
This financial year the COVID crisis means many businesses are on life support and some businesses are closed altogether. Given this situation, it’s more important than ever to keep your business finances in check. Here are five common money mistakes that will be particularly crucial for … [Read more...]
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