Finance

Welcome to the YOURLifeChoices Finance page, where we feature the latest money news and updates. We can help you with information on cancelling contracts, choosing the right credit card, making a will and why you might consider a Power of Attorney.

Superannuation is an important part of your retirement planning. Did you know there is hundreds of millions of lost super money just waiting to be claimed? Use the link to the lost super site to see if you have unclaimed funds.

We can also help you save your money and manage your finances better both before and after retirement and during the transition to retirement.

 

 

 

Help with financial hardship

Help with financial hardship

Money troubles can’t always be managed on your own.

Top Stories

  1. Age Pension increases March 2014
  1. Online self managed super funds
  1. An alternative to shares
  1. Spotting fake banknotes
  1. Easy ways to cut expenses

Mypost’s Concession Account

Mypost’s Concession Account

Concession stamps will be available to holders of a MyPost Concession Account.

Most common spending regrets

Most common spending regrets

Have you fallen into the trap of these common spending regrets?

Will downsizing affect my pension?

Will downsizing affect my pension?

Elise is unsure how the proceeds of her house sale and gifting may affect her ...

Get on with enjoying life

Get on with enjoying life

Plan now while you can still make your own decisions.

Planning ahead

Planning ahead

The risk of losing capacity through brain injury, dementia and frailty increase as you age.

Will I lose my part Age Pension?

Will I lose my part Age Pension?

How will a casual income affect Peter’s part Age Pension?

Superannuation

Your essential guide to super

Our quick guide will help you to get to know your super better.

Understand your superannuation

Super – who gets what?

How can you make sure your family receive your fortune?

Who gets your fortune?

Assessing your super ‘risk profile’

How much do you know about your super ‘risk profile’ and whether it is right for you?

Learn more

Banking & Investment

Help with financial hardship

Money troubles can’t always be managed on your own.

Need help with your money troubles?

Is property a good investment?

Considering buying an investment property, but is this still the best way to make money?

Where should you put your money?

An alternative to shares

Is there an alternative investment option to shares?

Are Government Bonds for you?

Credit Cards

When is a liability an asset?

When is a liability assessed as an asset?

See the answer

Budget friendly saving tips

Five ridiculously simple money saving tips to help your money go further.

How to save money

Clearing debt on a limited income

When you live on a limited income, it can be difficult to pay off your credit cards. Here are some tips to paying off your credit cards if you're living on a tight budget.

Find out more

Property

Electricity bills explained

If you're unsure how to compare offers, then this simple guide to electricity bills may help you secure a better deal.

Start saving money on bills

Is property a good investment?

Considering buying an investment property, but is this still the best way to make money?

Where should you put your money?

Financial pitfalls of downsizing

Craig Hall from NICRI answers a question on the pitfalls of downsizing

Is downsizing for you?

Insurance

Managing health insurance costs

Six tips for managing soaring private health insurance costs.

Don’t pay too much

Comparing pet insurance

Pet insurance is now big business, but which policy should you choose?

The cost of caring for Fido

Is an insurance payout an asset?

Paul's mother has just received an insurance payout and is unsure whether it will affect her Age Pension.

Affect on the Age Pension

Legal & General

Five best legal websites

Question a Centrelink decision, make a telco billing complaint and get free legal advice.

Take control of your legal affairs

Have I been disinherited?

Does Kate have any legal way of finding out if she has been disinherited?

What are your rights?

Enduring Guardianship - what is it?

Someone you appoint to make health or lifestyle decisions on your behalf.

Find out more

Mortgage & Home Loans

Equity release – is it for you?

A Reverse Mortgage may be a good way to access money for those who are asset rich but cash poor

Good way to access money

Using super to pay out mortgage

Could Karoline use her super to pay out her mortgage and still get an Age Pension?

Will super withdrawal affect the pension?

Give yourself a pay rise

No matter how careful you are with your money, there may still be a few ways to save.

Are you wasting money?

Seniors Finance

Electricity bills explained

If you're unsure how to compare offers, then this simple guide to electricity bills may help you secure a better deal.

Start saving money on bills

Help with financial hardship

Money troubles can’t always be managed on your own.

Need help with your money troubles?

When is a liability an asset?

When is a liability assessed as an asset?

See the answer

Finance News

Electricity bills explained

If you're unsure how to compare offers, then this simple guide to electricity bills may help you secure a better deal.

Start saving money on bills

Super – who gets what?

How can you make sure your family receive your fortune?

Who gets your fortune?

Mypost’s Concession Account

Concession stamps will be available to holders of a MyPost Concession Account.

Do you qualify for a MyPost Concession Account?

News

Help with financial hardship

Money troubles can’t always be managed on your own.

Need help with your money troubles?

Your essential guide to super

Our quick guide will help you to get to know your super better.

Understand your superannuation

Is property a good investment?

Considering buying an investment property, but is this still the best way to make money?

Where should you put your money?

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you might also be interested in...

The ten worst retirement planning mistakes

The ten worst retirement planning mistakes

Paul Clitheroe reviews the ten biggest retirement planning mistakes – and why you need to avoid them.

Learn from others mistakes

Low income energy rebate increase

Low income energy rebate increase

From 1 July 2011, the Low Income Household Rebate replaced the Energy rebate, and is paid at the rate of $200 per annum.

Are you eligible?

Save your superannuation

Save your superannuation

Australians on average having four super accounts, this can be a large proportion of your retirement income. Now is the time to consider consolidating your superannuation.

Save on fees

Money milestones

Money milestones

Managing your money doesn’t get any easier as you get older, but there are certain money milestones of which you can take advantage.

Money milestones

What to ask a financial adviser

What to ask a financial adviser

Starting on the right foot with a financial advisor can help ensure you get the most from your meeting. YOURLifeChoices has 50 useful questions you may wish to ask.

50 useful questions