• Life Day By Day,  Money Matters

    Giving & Generosity

    At this time of the year we are coming close to what is commonly called the “Season of Giving”. When we talk about giving we often hear the phrase “charity begins at home”. As far back as 1383 John Wycliffe stated that “Charity should begin at himself”. There was no gender inclusion language in those days. In the 1380’s John Wycliffe produced the first hand written English Bible manuscripts of the Latin Vulgate. While this post is about an entirely different matter, suffice to say Wycliffe’s actions were significant as they marked the beginning of the Protestant Reformation. Yet it is Sir Thomas Browne in his book of 1642 titled…

  • Money Matters,  Socio-Political

    Financial Future of Seniors

    The financial future of many seniors depends heavily on the government of the day to have financial laws in place that will protect the consumer. In my post of 17 June 2013 I raised a number of concerns surrounding the Abbott Government’s intention to rollback the Future of Financial Advice (FOFA) laws. I mentioned that these reforms, introduced by Labor, must stay in place as a protective mechanism for consumers. Without strict financial regulations in place many people will receive misguided financial advice that is not in their best interest e.g. Timbercorp Investment Scheme. Last week a group of Senators after hearing from people affected by the Timbercorp collapse could…

  • Money Matters

    Budget Tips for Budget Buoyancy

    It is that time of the year for budget tips. It is also time to work out how buoyant our budget is and how financially resilient we will be as retiree’s moving into a new financial year. As I always say “money matters” and it matters more when you don’t have enough to cover basic living expenses. As we are just about to commence a new financial year it is time to review 2013-14 and project our income and expenditure for 2014-15. It is better to understand what is happening with your money rather than seeing it flitter through your fingers without a notion of where it goes. It is…

  • Money Matters

    Keeping the lid on your money!

    In my first blog on “money matters” I finished with a quote “money is a wonderful thing but it is possible to pay too high a price for it”. This is so true and we can all pay a high price for financial advice if we don’t find the right advisor. Many who thought they were making the right decision later discovered they paid a very high price for advice they accepted and now they have to accept their position of financial ruin. We need to take measures to keep the “lid” on our money. My story begins over twenty years ago when we saw a financial advisor and invested…