The recent cyclone that swept through NSW and QLD has been a stark reminder of how quickly our financial security can be threatened by forces beyond our control. While we're thankful the impact wasn't as devastating as it could have been, many Australian families are still dealing with flooding, property damage, and the stress of navigating insurance claims.

One of the largest issues with small businesses is the commingling of personal and business finances, This makes it extremely difficult to keep track of and tax time is a nightmare! So how do you separate the two?

Watch the webinar on companies and trusts. The basics.

There are many decisions we make in our daily lives that will have consequences, repercussions or impact the future. These can be good, bad or indifferent, however when I apply the Pay No or Pay Later maxim it makes sure that I am taking into consideration what the decision will ‘cost’ me NOW (either in time, effort, inconvenience or money) versus costing me later;

Tarra Jackson in her 4 Financial Languages book describes how understanding your dominant language and that of your partners can enhance your ability to communicate about money without arguing!!!

"If you asked me the two things that fundamentally changed my life…….

What does the size of your dinner plate have to do with your finances?

In another example of “novel times call for novel responses”, the Government and the ATO have announced a special arrangement this year due to COVID-19 to make it easier for people to claim deductions for working from home.

We all love getting a tax refund so when you have been forced to work from home you may have additional deductions that aren’t normally part of your tax return.

The stock market crash may be hurting peoples investments, but if they haven’t bet their house on the market they may be able to ride the roller coaster until it recovers without too much pain….

You are lacking financial dignity if you have money coming in but don’t know where your money is going, or what it’s doing….

“The price of anything is the amount of life you exchange for it” - Henry D. Thoreau

If you are struggling with saving money, try putting away smaller amounts as opposed to big, one-off lump sums.

Let’s face it – going out for dinner is sometimes a challenge with children, but there’s no cooking, no dishes and if there is an indoor kids zone, free entertainment and couple time…..just like the old days?? Maybe, not quite!

The work ‘net worth’ is bandied around in many circles including the swell of Financial Independence movement but what it is, why is it important AND how do you calculate it?

It appears the trend in the beauty industry is that if a product doesn’t retail for $100+ then it isn’t luxury or any good – however In this podcast Marcia explains that most luxury products that are +$100 on the shelves can cost as little as $4-$5!!!!!!

While there are significantly more money challenges that you may face here are a select few that are common to many. They are usually intertwined and finding a solution that works for you for one may very well assist with a solving another of your money challenges.

"It is not so much the high cost-of-living, but the cost of high-living”

Contrary to what you may (or not) be thinking, Financial Coaching isn't all about budgets, money envelopes and restriction.