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Australian Financial Life

A few things to know about managing finances in Australia

Seeking Professional Financial Advice:

Marlalena KohlOctober 23, 2023 Personal No Comments

It can be daunting to manage your finances, especially if you are in a complex financial situation or are unsure[…]

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Superannuation & Superannuation Funds:

Marlalena KohlOctober 16, 2023 Business, Personal No Comments

Superannuation: The money individuals save for retirement is called superannuation. A super fund is where the money is saved into.[…]

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Diversifying Investments:

Marlalena KohlOctober 2, 2023 Personal No Comments

Investments involve putting money, time, or effort into something to make a profit or gain an advantage. You can invest[…]

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Legal Entities and Trusts

Marlalena KohlSeptember 25, 2023 Business No Comments

Legal entities and trusts differ in a few ways, as explored below. Legal entities: A legal entity is an organisation[…]

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Monitoring credit score:

Marlalena KohlSeptember 11, 2023 Personal No Comments

Your credit score reflects your creditworthiness and determines if you get approved for credit like credit cards and loans. It[…]

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Managing Debt:

Marlalena KohlSeptember 4, 2023 Personal No Comments

Debt can be a significant stressor for people. Careful planning and smart financial habits can help take control of debt,[…]

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Budgeting:

Marlalena KohlAugust 28, 2023 Business, Personal No Comments

Budgeting is a financial calculation plan for a defined period, often a year or month. It is a vital skill[…]

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Tax

Tax
Marlalena KohlAugust 22, 2023 Business, Personal No Comments

Tax is money that is paid to the government. Different countries and governments handle taxes differently. The government uses tax[…]

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