February, 2017

Introducing Your Children to Money

Here are 14 simple ways to help educate children about personal finance and managing money: As soon as children can count, introduce them to money. Observation and repetition are two important ways children learn. Communicate with children as they grow about your values concerning money — how to save it, how to make it grow, and most importantly, how to spend it wisely. Help children learn the differences between needs, wants, and wishes. This will prepare them for making good spending decisions in the future. Introduce children to the value of saving versus spending. Explain and demonstrate the concept of […]

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AIIM expands its ETFs coverage

More Australian investors are turning to exchange-traded funds, and so are we. Australia’s exchange-traded funds market is booming, with total assets set to exceed $30 billion in 2017. We have set up a specialist team to focus on the ETFs market to help guide investors through the complex – and expanding – ETFs universe. Key beneficiaries: General investors. Category: Exchange-Traded Funds. We’re moving to expand our ETFs coverage to bring you even more news and analysis on a regular basis, on what is arguably one of the most exciting and dynamic areas of the ASX. It’s been fascinating to watch […]

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Build a plan that makes a difference, instead of wasting time

‘I’m too busy to plan’ is a catchcry across all business sectors, communications and financial planning included. The trouble is that as business owners, it’s easy to ignore planning altogether and focus on activity. In fact, there are plenty of business owners out there who subscribe to the idea that planning is a complete waste of time. For me, the planning camp and the anti-planning camp both have their pros and cons. So what’s the value in business planning?   The dark art of business planning In any given period, you’ll have numerous decisions to make. It might be around […]

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How is your business treated in a divorce?

Divorcing or separating from your spouse is emotionally stressful, but it can also have substantial impact on your business. Here’s what business owners need to know in order to protect all their assets. Divorcing or separating creates challenges not only for the spouse(s) running the business, but also for any partners or other shareholders in the business, as well as for the continuity and value of the business. Each spouse has an ongoing obligation to give full and frank financial disclosure. This means that business records, financial statements, bank records, BAS and tax documentation must be compiled and provided to […]

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