What are franking credits? Australian dividend investing has a distinct advantage over most international markets — and it comes down to one key feature. Franked dividends. Franked dividends are payments from Australian companies that have already paid tax, and this tax is passed to the shareholder as a “franking credit”. Franking credits are tax credits representing the … Read more
“I feel guilty every time I spend money now.” After forty-two years as a teacher, Margaret had saved diligently, built a solid super balance, yet couldn’t bring herself to book that long-awaited European trip. She’s not alone. The paradox of spending what you’ve saved Research shows that about 25% of retirees decrease their spending in … Read more
You don’t need to keep wondering if it’s too late to make a real difference to your retirement. If you’re approaching your later working years or have recently retired, you might have access to some of the most powerful superannuation strategies available. The window of opportunity In certain ways, our superannuation system becomes more generous … Read more
We all know that building a house first requires ensuring you are building on a strong foundation. Your financial life works the same way. Savings vs Investing: What is the difference Your savings are your safety net. This is money you can access quickly without losing sleep over market movements. Think of offset accounts, high-interest … Read more
Three months after moving in together, Tom discovered his partner had $18,000 in credit card debt. She thought he knew. He assumed everything was fine. The argument that followed wasn’t really about the debt; it was about trust. Research from eharmony found that 58% of Australian couples cite money as their biggest cause of fights1, … Read more
