Reasons why early estate planning is crucial
11 April
Estate planning is an essential yet often overlooked aspect of financial planning. For many Australians, it is seen as something to be dealt with later in life, if at all. Â However, estate planning should begin as early as possible to ensure a...[Read More]
Unlocking Productivity: Strategies for Overcoming Obstacles and Boosting Self-Motivation
11 April
In our fast-paced world, itâs not uncommon to find ourselves overwhelmed by tasks, deadlines, and personal commitments. This avalanche of responsibilities can often leave us feeling stuck, struggling to tick items off our to-do...[Read More]
Empowering women through financial literacy: Taking control of your wealth and future
11 April
Navigating the complexities of personal finance is essential for anyone looking to secure their financial future, make sound investment choices, manage debt effectively, and plan for eventualities.  This is particularly crucial in the context of...[Read More]
Caravan lifestyle in Australia
11 April
A rising number of Australians are searching for alternative life experiences that provide them with a sense of independence from city life and a connection to nature. Â Caravan living can be for you if youâre looking for new experiences or wish...[Read More]
Maximising Wealth in Real Estate: Strategic Tax Structures and the Power of Professional Advice
4 April
Building wealth through property investment has long been a cornerstone of financial success for many individuals. The allure of real estate lies not just in its tangible nature but also in the various strategies and structures available to optimise...[Read More]
Work, Wander, and Well-being: Mastering the Art of the Working Holiday
28 March
Taking your business on the road for a working holiday presents an enticing blend of work and leisure, allowing you to explore new destinations while keeping your operations running smoothly. Â This concept has gained popularity with the rise of...[Read More]
Super access wonât lower hurdles for young home hunters
28 March
Many young Australians living in the capital cities will not be able to pay for a house deposit, even if they drained their entire retirement savings, a report has found. Rates of home ownership are declining for young Australians as prices climb...[Read More]
Empowering Your Future: The Top 10 Reasons to Start Your Own Business
21 March
Starting your own business is a journey filled with challenges, opportunities, and personal growth. Itâs a path that many choose to embark upon for a myriad of reasons, each unique to the individualâs aspirations and circumstances.  Here are...[Read More]
Rising price of instant coffee a bitter blend
20 March
The cost of a morning brew came under fire in parliament as it was revealed a tin of coffee has almost doubled in price within a year at some major supermarkets. Labor MP Steve Georganas lifted the lid on the price hike of Nescafe-branded coffee...[Read More]
Marvels of mastery: Exploring the Eight Wonders of the Ancient and Modern World
14 March
The concept of the âWonders of the Worldâ has evolved over time, with various lists compiled to encompass the worldâs most spectacular natural sights and human-built structures.  The traditional list of the Ancient Wonders of the World...[Read More]
Work from home like a pro: tips for setting up your home office
14 March
The advent of digital technology has transformed the business landscape, ushering in a new era where working from home is no longer a rarity but a common occurrence. This shift has necessitated the need for entrepreneurs to create conducive...[Read More]
Wealthy Australians called on to pay more for aged care
13 March
Wealthier Australians are being urged to pay more for aged care so the government can help older people with lesser means access residential and in-home services. The overall wealth of older Australians is expected to increase, with the proportion...[Read More]
Serving size breakdowns can improve cost perceptions
13 March
Breaking down the cost of fruits and vegetables by serving size could help Australians eat healthier at a fraction of the cost. An Australian-first tool that simplifies grocery shopping by displaying the cost of fresh produce by serving size aims to...[Read More]
Secret of the âblue zonesâ: lifestyle habits for longevity
6 March
Researchers have identified eating a little less, loving a lot more and building strong connections as common threads among the worldâs longest living people. We explore how you can their findings to improve your own health. Â Babies born...[Read More]
A guide to managing personal finances
29 February
The importance of personal financial planning canât be overstated, regardless of your age. Proper financial planning can offer a safety net for you and your family while giving you the freedom to make informed choices. Â Many adults worry about...[Read More]
Top 10 healthy habits for business owners
29 February
Maintaining a healthy lifestyle is crucial for business owners, given the demands and stresses that come with managing a business. Â Here are ten healthy habits that can support business owners in maintaining their physical and mental well-being,...[Read More]
The Cornerstone of a Bright Future: The Importance of a Good Education for Your Child
22 February
As parents, we naturally desire the best for our children, aiming to lay down a path that leads to a fulfilling and prosperous future. One of the most critical and impactful steps on this journey is ensuring a good education for our children. A...[Read More]
A Journey through the worldâs top culinary destinations
22 February
Exploring the worldâs top culinary destinations is a feast for the senses, offering a blend of traditional flavours and innovative gastronomy. Here are some of the most renowned places known for their exceptional culinary experiences: Â Tokyo,...[Read More]
Braeside Wealth News – February 2024
15 February
Lance shares 2 strategies for grandparents and parents who want to set aside some money for their children's future educational expenses. He also outlines a few things to consider. This scenario is general in nature, it does not take into...[Read More]
Braeside Wealth turns 5
15 February
In the blink of an eye, Braeside Wealth has turned 5 The past 5yrs have been a whirlwind of finding our feet as business owners, surviving a pandemic during the first years of operation, office renovations, meeting and working with so many...[Read More]
Saving for the Future: Building Financial Security Step by Step
15 February
In an era where the allure of instant gratification is stronger than ever, the art of saving money seems to be fading into the background. Yet, the truth remains: most of us have aspirations that extend beyond our immediate reach, be it a new car,...[Read More]
Ultimate Road Trip Checklist: Navigating Your Next Adventure with Ease
15 February
Planning a road trip can be an exciting adventure, offering a unique blend of freedom, discovery, and bonding opportunities. Whether youâre exploring familiar landscapes or venturing into unknown territories, preparation is key to ensuring a...[Read More]
Our love for Hobbies: The Key to Well-Being and Fulfillment
8 February
Engaging in hobbies and pursuing activities you love is a universally beneficial practice, whether youâre in Australia or the UK. These two regions, despite their geographical distance, share a common appreciation for the positive impact of...[Read More]
Understanding the five key areas of personal finances
8 February
When it comes to managing your money, itâs crucial to have a comprehensive understanding of the five key areas of personal finance: income, spending, saving, investing, and protection. Mastering these elements can be the difference between...[Read More]
What is your âbig pictureâ ?
1 February
Even as children, people create this big picture in their minds â a reflection of how they envision their life to be. Whether your big picture is similar to whatâs called the Australian Dream (home ownership as the key to a better life) or...[Read More]
Retirement planning tips and mistakes to sidestep
1 February
Whether youâre in your 30s, 40s, or 50s, the importance of retirement planning cannot be overstated. Starting early allows you to build a secure financial foundation for your retirement years. However, the strategies and concerns differ based on...[Read More]
Powering regions with âclean, green Aussie-made steelâ
31 January
Australia could become the âglobal epicentreâ for low-carbon iron and steel, sparked by $200 million to future-proof regional steelworks. Cleaning up one of the most emissions-intensive industries, the first round of spending under the federal...[Read More]
Some reasons why you should discuss inheritance planning with your family
25 January
While most people write wills, very few families discuss inheritance. Parents avoid discussing inheritance planning with their children due to the subjectâs sensitivity. However, avoiding the conversation does more harm than good. For example,...[Read More]
The feeling of knowing your financial well-being is protected
18 January
Financial security is a universal goal that transcends income brackets and age groups. It is not solely determined by the amount of money one possesses or earns, but rather by the feeling of reassurance and peace of mind that comes with knowing your...[Read More]
To have a secure future, you need to be financially responsible
18 January
Financial responsibility refers to the practice of handling money and other assets in a way that is in your (as the owner of the assets) or your familyâs best interest. Being financially responsible entails a certain level of proficiency in...[Read More]
Forgotten and expired gift cards leave billions unspent
18 January
Australians could be nearly $200 richer if they kept track of their gift cards instead of letting them go to waste. Across the nation, about $1.4 billion worth of gift cards have gone untouched, according to data from comparison website...[Read More]
Under 35s driving cruise ship resurgence
18 January
One in four Australians plan to go on a cruise this year, with younger people the most likely to set sail, a new survey has revealed. The figure is more than three times that of last year, representing a much-needed recovery for the cruise industry...[Read More]
School fees and expenses on the rise
18 January
PUBLIC SCHOOL FEES OVER 13 YEARS AS OF 2024 * MELBOURNE: most expensive â $108,879 * CANBERRA: least expensive $81,564 * METRO AREAS: $92,710 * REGIONAL AREAS: $80,303 CATHOLIC SCHOOL FEES OVER 13 YEARS AS OF 2024 * CANBERRA: most expensive â...[Read More]
Braeside Wealth – January 2024
17 January
Welcome to 2024! Lance talks about the importance of having a cash reserve to fund unexpected expenses. A cash reserve differs from many other investments because it's immediately accessible in a crisis. Having roughly 3 months' worth of...[Read More]
Tips to grow your superannuation
11 January
Retirement is a period most people eagerly anticipate. Itâs that wonderful stage of life when you can finally unwind and spend your time as you please. You can even spend retirement focusing on the businesses youâve been planning and have put...[Read More]
Top 5 things to do as you plan for the year ahead
4 January
People typically associate the new year with hope â a time for fulfilling plans, whether those are financial, personal or professional. The past year is finally over and you can now look forward to what the new year has in store. While itâs also...[Read More]
Bite-sized goals the key to new year fitness targets
3 January
Australians vowing to transform from couch potato to elite athlete in 2024 have been warned to keep their fitness goals achievable or risk disappointment. Health and fitness ambitions are popular new year resolutions but are notoriously tough to...[Read More]
Strategies to increase employability: upskilling and reskilling
28 December
In a fast-paced, evolving work environment, continuous learning and adaptability are paramount to dealing with unemployment and in building and succeeding in oneâs career. Employees and employers alike need to embrace upskilling and reskilling...[Read More]
Thank You for supporting Got Your Back Sista
14 December
Thank you for your generous donations again this year. We know they will be put to good use!
Why taking a break during the festive season is important
14 December
There are countless countdowns everywhere, whether itâs for Christmas or the new year, and yet, when the festive season happens, it always comes as a bit of a surprise. Â Some people experience a touch of panic and get lost in the holiday rush....[Read More]
Some handy tips to future-proof your family finances
14 December
If thereâs anything people learned from the recessions and global crises of recent past, itâs that no one is immune to economic upheavals. Â Even middle to upper-class families are at the mercy of their finances when misfortune strikes. This...[Read More]
Preparing to go caravaning in Australia and the advantages of working remotely.
7 December
Preparing for a caravanning trip in Australia is an exciting venture, especially for those embracing the freedom of remote work. Australiaâs diverse landscapes, from its sun-kissed beaches to the rugged outback, provide a spectacular backdrop for...[Read More]
Superannuation access for retirees goes under spotlight
7 December
Australians are being asked to have their say on the superannuation and retirement income system, as the federal government considers ways to reform the compulsory savings regime. Treasurer Jim Chalmers has released a discussion paper and is seeking...[Read More]
Ham over fist, supermarkets face a grilling over prices
6 December
Supermarkets are being urged to get into the Christmas spirit and help struggling families by placing a freeze on the price of ham. Agriculture Minister Murray Watt put Coles and Woolworths on notice as they buckle up for a parliamentary inquiry...[Read More]
20 investment mistakes to be aware of
30 November
Investment, a field where even the most astute can stumble, is rife with potential missteps. However, these errors often serve as valuable learning experiences, offering insights for crafting more robust investment strategies. 20 investment mistakes...[Read More]
Tips for a meaningful Christmas
30 November
Creating a Christmas filled with genuine warmth and joy often seems like a daunting task amidst the hustle of holiday preparations. The season of cheer can quickly turn into a flurry of stress, leaving many of us more relieved than regretful when...[Read More]
Protect your home against dry weather threats
30 November
Protecting homes from dry weather threats, such as bushfires, requires proactive measures and preparedness. Here are some steps to help protect your home: Maintain the exterior: Clear roofs, gutters, and chimneys of debris regularly...[Read More]
Help Us Support Got Your Back Sista
16 November
Each year, we like to support a charity that's doing great work in the community and we know that many of you feel the same way. For the 2nd year, weâve decided to support Got Your Back Sista (GYBS). GYBS are a wonderful local organisation...[Read More]
Welcome Karlisle
16 November
Weâre thrilled to introduce the newest addition to the Braeside Wealth crew. Karlisle brings a wealth of experience from her professional services background and a fresh perspective to our team. Karlisle will be working in the role of Client...[Read More]
Resistance Training on a Budget? Build a Home Gym
16 November
While most people are aware of the importance of regular aerobic exercise, the significance of resistance training (aka weight or strength training) is often overlooked. Itâs recommended that adults engage in at least two 20- to 30-minute...[Read More]
Navigating the Emotional and Financial Aspects of Inheriting Wealth
16 November
Inheriting wealth, while often a sign of a loved oneâs thoughtfulness, also brings a mix of emotions and responsibilities. Itâs a time that calls for both emotional support and practical financial planning. Taking the time to grieve and process...[Read More]
Understanding debt recycling: Good and bad debt
9 November
Debt recycling is a financial strategy that can help you transform bad debt into good debt, boosting your wealth and enhancing your financial future. This article explains the concept, its benefits, risks, and how it might apply to your specific...[Read More]
Understand if a Self Managed Super Fund (SMSF) is right for you
9 November
A self-managed super fund (SMSF) is a private superannuation fund that individuals in Australia can manage themselves. These funds differ from industry and retail super funds, as they offer more control over investment choices and insurance options....[Read More]
Managing Finances and Lifestyle Activities Across the Four Phases of Retirement
2 November
Retirement is a complex period divided into various phases, each with its own set of financial requirements and lifestyle considerations. Understanding how to budget for each stage can help you make the most of your post-career...[Read More]
Understanding the Five Pillars of Personal Finance
2 November
When it comes to managing your money, itâs crucial to have a comprehensive understanding of the five key areas of personal finance: income, spending, saving, investing, and protection. Mastering these elements can be the difference between...[Read More]
Sneaky salt shock prompts calls for mandatory limits
1 November
Australians have a killer diet, prompting calls to restrict the amount of salt in certain foods. The average Australian consumes almost double the recommended daily salt level and itâs costing the healthcare system $10 billion a year, according to...[Read More]
Financial boost on the way for working pensioners
19 October
Seniors will soon be able to earn more money without their fortnightly age pension being affected. Laws introduced to federal parliament on Wednesday will give a $4000 boost to those on the pension who are also doing some paid work. Under the...[Read More]
See You At Earp Distilling Co. Next Friday 27th!
18 October
We're looking forward to seeing you at Earp for our annual client function next Friday, the 27th of October. The evening will begin at 6pm in the newly renovated Barrel Room. The address is 41 Darling Street, Carrington. There is plenty of...[Read More]
How you can help your child with buying their first home
12 October
In todayâs economic climate, itâs increasingly common to help your child with their first home. In this article, weâre going to look at three options to help you do this. Why not take a look at the pros and cons of each and choose the one...[Read More]
Setting Financial Goals â the basics & benefits
5 October
Saving a few dollars today can add up to a lot of money later on â cash that you can use to start investing, pay off your debt repayment, or save for retirement. But to ensure you have a clear direction and achieve what you want, you need to start...[Read More]
Work from home like a pro: Essential tips for setting up your home office
5 October
The advent of digital technology has transformed the business landscape, ushering in a new era where working from home is no longer a rarity but a common occurrence. This shift has necessitated the need for entrepreneurs to create conducive...[Read More]
Top 5 common financial mistakes
5 October
Itâs easy to make mistakes with money, especially if youâre unaware of how dire the consequences of your actions could be. Here, weâll look at some of the most common financial mistakes people commit that frequently result in severe financial...[Read More]
The Power of eating together as a Family â Fostering Happiness
28 September
In todayâs fast-paced world, the act of sharing a meal with others is becoming increasingly rare. We find ourselves consuming nearly half of our weekly meals alone, opting for quick and convenient on-the-go options rather than taking the time to...[Read More]
Farm Succession Planning: Balancing Financial and Emotional Aspects for Generational Transition
28 September
The Challenge Facing Farm Owners The complexity of farm succession planning extends beyond mere financial transactions. For farm owners, navigating the transition of a generational asset such as a farm is both an economic and emotional endeavour....[Read More]
Activities to try in your 20s, 30s, 40s, 50s and beyond
21 September
Every stage of life offers unique opportunities for personal growth and well-being, both physical and mental. Whether youâre in your 20s or beyond your 50s, thereâs always something new to try that can keep you active and mentally stimulated....[Read More]
Save The Date – Friday 27th October
29 August
We've been busy planning our client function for later in the year. Please mark in your calendar Friday evening 27th October. This year we'll be hosting the event at Earp Distilling Co, 41 Darling Street, Carrington. Please look out for further...[Read More]
When should one start thinking about Estate Planning?
24 August
Estate planning is an essential yet often overlooked aspect of financial planning. For many Australians, it is seen as something to be dealt with later in life, if at all. However, estate planning should begin as early as possible to ensure a smooth...[Read More]
Essential household gardening tips for spring
17 August
As winter draws to a close, itâs time to revitalise your garden and get ready for the forthcoming warm, sunny days. There are many things you can do right now to get your garden ready for spring and promote new growth, blooms, and a thriving...[Read More]
Essential retirement planning tips and mistakes to sidestep
17 August
Whether youâre in your 30s, 40s, or 50s, the importance of retirement planning cannot be overstated. Starting early allows you to build a secure financial foundation for your retirement years. However, the strategies and concerns differ based on...[Read More]
With Love and Legacy: Guiding Our Aging Parents with Compassion and Care
25 April
Watching a parent age and come to terms with their diminishing independence is a profound and emotional journey, one that blends love, duty, and at times, uncomfortable pragmatism.  As children, the shift from being cared for to caring for is a...[Read More]
Steps to building an emergency fund & why do you need one
25 April
Life is unpredictable, and financial surprises can arise when you least expect them. This is where an emergency fund comes in. This financial safety net is designed to cover unexpected expenses, like car repairs or medical bills, or provide support...[Read More]
Ensuring Harmony and Legality: The Critical Role of Legal Advice in Family Estate Planning
25 April
Estate planning is a crucial but often challenging aspect of managing familial wealth and assets, particularly as parents age. The process involves making decisions about how to allocate assets such as businesses and property among siblings, which...[Read More]
Getting your pet ready when going on a holiday
25 April
Are you getting ready for a long-awaited holiday? You probably have plenty of preparation and planning to do, especially if you have pets.  Whether taking your pet with you or leaving it with a trusted caregiver, there is still much to take care...[Read More]
âJam packed with loveâ: the story of the Anzac biscuit
25 April
Young digger Paul Teesdale Smith wrote to his girlfriend from Gallipoli, describing care packages filled with biscuits, peanuts, butterscotch, cigarettes and socks. âItâs wonderful how little things, no matter what they are, break the...[Read More]
Cheaper renewable energy driving electricity costs down
25 April
Rising demand for electricity has been met by more solar and wind generation, which is keeping a lid on prices and carbon emissions, the market operator says. Renewable energy generation drove down wholesale prices in the first three months of 2024...[Read More]
âWhy not walk?â Google Maps to roll out green features
25 April
Google Maps will politely pester Australian travellers to take public transport or walk to their destination in one of several of green changes introduced to the service to celebrate Earth Day. Users who still intend to drive to their destination...[Read More]
More cost of living relief on cards in federal budget
24 April
Cost of living help in addition to well-signposted tax relief remains on the cards if the federal government can find room for it in the upcoming budget. Treasurer Jim Chalmers says the tax relief, due to kick in midway through this year, will be...[Read More]
More Aussies to buy an electric cars but price a factor
24 April
The price of electric vehicles is still proving a speed bump in Australia, a report has found, and government rebates may not be addressing the issue. But the research by Pureprofile, released on Wednesday, also found a greater number of Australians...[Read More]
Electric cars to make bigger impact than electric homes
24 April
Selling more fuel-efficient cars in Australia will have a bigger environmental impact than disconnecting all homes from gas, a report has found. Analysis by the Climate Council, released on Wednesday, found Australiaâs New Vehicle Efficiency...[Read More]
Federal-state deal powers up for more clean energy
24 April
One million homes in NSW could be powered by renewable energy and more electricity could flow to South Australia and Western Australia, under a deal struck between the federal and state governments. The deal is part of the the taxpayer-funded...[Read More]
Securing Peace of Mind: The Undervalued Comfort of Life Insurance
18 April
Life insurance is often perceived as a rather morbid necessityâan acknowledgment of mortality that many prefer to defer.  However, its value extends beyond mere financial security; it encompasses emotional and psychological comfort for both...[Read More]
Top 10 Remote Escapes: Journey to the Worldâs Most Secluded Destinations
18 April
In an increasingly crowded and fast-paced world, the allure of remote travel destinations where one can truly escape the hustle and bustle is more compelling than ever.  Both within Australia and internationally, there are numerous hidden gems...[Read More]
Planning Your Next Chapter: The Benefits and Timing of Transitioning to a Retirement Home
18 April
Transitioning into a retirement home is a significant life decision that involves careful planning and consideration.  As people age, their living needs change, and moving into a retirement home can offer numerous benefits. Here are the top 10...[Read More]
Maximising space and value: Top 10 home renovation tips
18 April
Renovating your home to increase space and add value requires strategic planning, creativity, and a focus on key areas that potential buyers or valuers find appealing.  Here are the top 10 tips to guide you through this process:  Plan and...[Read More]