tag:blogger.com,1999:blog-48208000728430141472024-03-18T10:05:57.862+10:00Intellichoice Financial PlanningYour trusted financial advisors for financial planning, superannuation, debt consolidation, salary packaging, retirement planning and moreIntellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comBlogger128125tag:blogger.com,1999:blog-4820800072843014147.post-29636885493733234192021-02-11T10:17:00.000+10:002021-02-11T10:17:14.291+10:00Home Loan Repayment Guide During Pandemic<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFX4nYDYsNdxJKu5uNr8osc5NBI510QjE4JeLV-aTUFDpfVAz2BF9Y8qewdXexJ4OtKPkv6Gv5R-A9lEvYhRcWEGLnAFMXZG-ctZ-Not8MU4kS27Kr__0WcLXVOCoAC2YfL7K-045-uwNn/s800/dreamstime_s_132183152.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="533" data-original-width="800" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFX4nYDYsNdxJKu5uNr8osc5NBI510QjE4JeLV-aTUFDpfVAz2BF9Y8qewdXexJ4OtKPkv6Gv5R-A9lEvYhRcWEGLnAFMXZG-ctZ-Not8MU4kS27Kr__0WcLXVOCoAC2YfL7K-045-uwNn/s320/dreamstime_s_132183152.jpg" width="320" /></a></div><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;"><br />With many Australian homeowners struggling with their home loan repayments as a direct effect of the Covid-19 pandemic, the Government has beefed up its efforts to provide support to those in dire needs.</span><p></p><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;">The Covid-19 pandemic has undoubtedly shaken global economies in a magnitude that has never been seen before. Its impact has dwarfed that of the 2008 global financial crisis (GFC) in 2008.</span><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;">For months, many Australian homeowners have struggled financially to keep up with their home loan repayments. As a response, Australian banks are ready to disburse A$100 billion to those who have lost their jobs and missed home loan repayments during this high time of uncertainty.</span><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; border: none; box-sizing: border-box; color: #595959; font-family: Roboto; font-size: 14px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; font-weight: 700; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">More loans, lower interest rates</span><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;">A large chunk of the stimulus package vouched by the RBA, which amounts to A$90 billion, will be allocated for cheap loans to Australian banks. This amount will then be used to fund loans targeting small businesses and to lower interest rates to 0.25%.</span><div><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;">The fiscal stimulus package from RBA ultimately eased up the regulatory requirements for commercial banks and in effect, will stimulate economic relief.</span><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; border: none; box-sizing: border-box; color: #595959; font-family: Roboto; font-size: 14px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; font-weight: 700; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Is it the best time to take out home loans?</span><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;">With the fiscal stimulus package made available, banks are competing for their cuts in the competition. This ultimately makes the interest rates even more advantageous for home buyers.</span><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;">While it may seem that it’s not the best time to take out a home loan, considering how uncertain the economy is, it is still worth considering. If you’re unsure whether to get that home loan or not, make sure to talk to your trusted broker and discuss your circumstances to get informed advice.</span><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; border: none; box-sizing: border-box; color: #595959; font-family: Roboto; font-size: 14px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; font-weight: 700; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Anticipate unexpected expenses</span><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;">With the current economic volatility and job uncertainties, make sure that you have ample amount of savings to finance unexpected expenses. If you are currently employed, anticipate the possibility of losing a regular source of income.</span><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;">It is worth noting to have contingency plans should you or your family face hospitalisation, prolonged quarantine, among other things.</span><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; border: none; box-sizing: border-box; color: #595959; font-family: Roboto; font-size: 14px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; font-weight: 700; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Talk to your lenders</span><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;">Since many banks have released measures that aim to lessen the burden of their clients, it’s best to check whether they have waived penalties or lowered the interest rates for your outstanding mortgage.</span></div><div><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;">Ask if you need to lodge an application to avail of those programs. Discuss your circumstance with your bank or lender and see if they can offer some relief on your current mortgage.</span></div><div><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;"><br /></span></div><div><span style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;">###</span><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><br style="background-color: white; color: #595959; font-family: Roboto; font-size: 14px;" /><em style="background-color: white; border: none; box-sizing: border-box; color: #595959; font-family: Roboto; font-size: 14px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Darin Hindmarsh is the founder and CEO of <a href="https://www.intellichoice.com.au/" target="_blank">Intellichoice Finance</a>, a broking firm based in Brisbane. He's been providing financial and broking services in the past 18 years. Hindmarsh is also finalist in the 2020 Australian Mortgage Awards - Pepper Money Broker of the Year – Specialist Lending.</em></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-21772799351819379772020-11-13T03:41:00.001+10:002020-11-13T03:41:44.874+10:00How To Get Guaranteed Approval Loans For Bad Credit Applications<div class="article-body-inner" style="-webkit-tap-highlight-color: transparent; border: none; box-sizing: border-box; font-family: Roboto; font-size: 13px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 10px 20px 0px; vertical-align: baseline;"><p style="font-family: "Times New Roman"; font-size: medium;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjwoi3APKsgntjV4rSEuOJwUqYGYafGD4aHE46nbswiOVMQEID_J5WEIu5TffWl_jdLAtxaaxc4bnkOB5H06PDUakvgpDHUl-8lFVpjJTIaF7dcvuVWNpYJPb0fkea6H7HCbO4s168TpX7X/s800/dreamstime_s_182694335.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="600" data-original-width="800" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjwoi3APKsgntjV4rSEuOJwUqYGYafGD4aHE46nbswiOVMQEID_J5WEIu5TffWl_jdLAtxaaxc4bnkOB5H06PDUakvgpDHUl-8lFVpjJTIaF7dcvuVWNpYJPb0fkea6H7HCbO4s168TpX7X/s320/dreamstime_s_182694335.jpg" width="320" /></a></div><br /><span style="color: #595959; font-family: inherit; font-size: 14px; font-style: inherit; font-variant-caps: inherit; font-variant-ligatures: inherit; font-weight: inherit;"><br /></span><p></p><p style="font-family: "Times New Roman"; font-size: medium;"><span style="color: #595959; font-family: inherit; font-size: 14px; font-style: inherit; font-variant-caps: inherit; font-variant-ligatures: inherit; font-weight: inherit;">Finding yourself in a bad financial situation should not hinder people from applying for any types of loans. For example, guaranteed approval loans for bad credit applications are still available for individuals who have an unattractive credit history.</span></p><div class="article-body-text" itemprop="articleBody" style="-webkit-tap-highlight-color: transparent; border: none; box-sizing: border-box; color: #595959; font-family: inherit; font-size: 14px; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: 18px; margin: 0px 11px 18px; padding: 0px; vertical-align: baseline;">Over the past years, millions of households in Australia alone have found themselves in bad financial situations due to skyrocketing interest rates. The move of leading lenders in the country to increase interest rates has shaken the repayment ability of many Australian borrowers. This has pushed them to the brink of loan default.<br /><br />If you are one of these borrowers who are discouraged in pursuing that loan application, there’s still actually a hope. Lenders still give preferential treatment to potential borrowers with seamless credit history. However, some financial institutions are still willing to approve loans from borrowers with problematic credit scores.<br /><br />If you are not so confident with your credit score, you might want to explore guaranteed approval loans for bad credit applications this time. It is true that your chances of getting approved to high-stake loans, there are specific types of loans that just may be perfect for your case.<br /><br /><span style="border: none; box-sizing: border-box; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: 700; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Credit score during Covid-19 pandemic</span><br /><br />Lenders are also aware of the fact that a good number of people who are on default on their loans are just victims of their personal circumstances. They’ve been in that unfavourable financial situation not by choice, but purely out of bad luck.<br /><br />In the current pandemic that affected the entire world, many households in the country struggled to keep their loan repayments. Many fear that this will hurt their credit score and decrease their chances of loan approval.<br /><br />According to the Australian Banking Association (ABA), missing repayments due to the pandemic should not affect the borrower’s credit score. Otherwise, the agency noted that there are ways to protect one’s credit score during this pandemic. If you’ve missed several repayments during this troubling time, you can always talk to experts to help address your credit score problems.<br /><br /><span style="border: none; box-sizing: border-box; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: 700; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Getting through the process</span><br /><br />One of the most challenging parts in getting guaranteed approval loans for bad credit applications is usually the beginning. Not knowing what to do, what things to prepare, and where to go can be very overwhelming. Whether it’s for personal loan or home loan, being prepared pays a lot.<br /><br />To save yourself from this unnecessary stress, you can seek the services of professional brokers and financial advisors to help you with the process. There are companies with extensive networks with lenders and financial institutions in Australia that can be very beneficial in your loan application.<br /><br />Another benefit of hiring professionals to assist you with your loan application is having your credit score assessed professionally. Different rating companies use different systems and indexes in reporting credit scores. Sometimes, people are clueless about their credit score or have inaccurate credit reports.<br /><br />Experts at <a href="https://www.intellichoice.com.au/" target="_blank">Intellichoice </a>are experienced in handling different types of loan applications. The company has handled thousands of successful loan transactions for nearly two decades. It specializes in personal loan and home loan applications in Australia. They provide bespoke and expert support to anyone looking for the best deal at a reasonable rate. They can also assist potential borrowers who have problematic credit scores with their extensive credit reporting and preparation experience.</div><div><br /></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-8116095014151904662020-10-31T14:58:00.002+10:002020-10-31T15:05:31.612+10:00 Getting a Diploma in Financial Planning for a Career Change This Pandemic <p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjazaSGCjxsjerPNq7LhWoZCsI-UlO2SXO5KvNg9SLlS0QOr-u22W1Jip5ysGQjcWKICFydzlCgCrsTEQcPLofLG82NQC9bjKEVmMI4uZ7Xv4UDWYqUiab6upz2aubJ19A4Vigwv9nFPO80/s800/dreamstime_s_138208304.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="533" data-original-width="800" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjazaSGCjxsjerPNq7LhWoZCsI-UlO2SXO5KvNg9SLlS0QOr-u22W1Jip5ysGQjcWKICFydzlCgCrsTEQcPLofLG82NQC9bjKEVmMI4uZ7Xv4UDWYqUiab6upz2aubJ19A4Vigwv9nFPO80/s320/dreamstime_s_138208304.jpg" width="320" /></a></div><br /><span style="font-family: Arial; font-size: 11pt; white-space: pre-wrap;"><br /></span><p></p><p><span style="font-family: Arial; font-size: 11pt; white-space: pre-wrap;">With thousands of people out of work because of the pandemic, many are becoming interested in getting a diploma in financial planning in Australia. </span></p><span id="docs-internal-guid-1a407aea-7fff-00c8-365e-19d4307c093f"><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Financial planners or financial advisors provide professional financial advice to people or businesses on how to better manage their finances. After all, professional financial planners in Australia make around 100-120k annual pay. </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">As many families and businesses are struggling financially, the entire world economy has been shaken in so many ways. This has led to the dramatic increase in interest among the population on how to become a professional financial planner. </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Becoming a financial planner is not only an ideal career at this high time of uncertainties, but is also a very attractive and useful career in the years to come. Hence, the peak in interest in this career over the past months is very understandable. </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; font-weight: 700; vertical-align: baseline; white-space: pre-wrap;">Career Path </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">In Australia, the financial planning career is regulated by the Australian Securities and Investments Commission (ASIC). As such, the path to becoming a professional financial advisor is highly regulated by strict standards. </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-style: italic; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Getting a degree</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Since January 1, 2019, a new resolution has been issued requiring all financial advisors to complete a bachelor’s degree or higher studies (same equivalent) to become a financial advisor. </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-style: italic; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Through Training</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">After completing a degree, the aspiring financial planner needs to work with a company that holds an Australian Financial Services License (AFSL) from ASIC. </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-style: italic; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">By getting certified</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Another alternative path to become a professional financial advisor is to be certified by the Financial Planning Association of Australia (FPAA)--a duly recognised organisation of professional advisors in Australia. </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; font-weight: 700; vertical-align: baseline; white-space: pre-wrap;">Getting a diploma</span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">If you have finished a degree that’s totally unrelated to financial planning or finance-related programs, you have the option to enroll in a diploma for financial planning courses. </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">There are several Australian universities that offer such programs either in-campus or online. The program duration usually runs for a year, which can be taken full-time or based on your own pace. </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">After completing this program and finally getting your diploma, you can start working with ASIC-certified firms as a trainee and make your way up the rank and become a fully-certified and professional financial planner. </span></p><div><span><br /></span></div>###</span><div><span><br /><i style="font-family: Arial; font-size: 14.6667px; white-space: pre-wrap;">Darin Hindmarsh is the founder and CEO of Intellichoice Finance, a broking firm based in Brisbane. He's been providing financial and broking services in the past 18 years. Hindmarsh is also finalist in the 2020 Australian Mortgage Awards - Pepper Money Broker of the Year – Specialist Lending. To jumpstart your home loan application, visit their <a href="https://www.intellichoice.com.au/home-loan-application-form.php" target="_blank">home loan online application</a> page today!</i></span></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-49528680676839844762020-10-15T04:32:00.004+10:002020-10-15T04:32:26.303+10:00 A Beginner’s Guide To Personal Loans<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOLTOmSW_toh4mYC9OeWhGqeq0_oM6ypCwbupM2DlShaDNZq5n14lBC4qXtfeTk97qDuE5FPJKkl6QhPE-BBonuB1m88dTr3-ZcVKbhzcixeT2UP5z4zeUCliwN-hcfsFn9RHR44drsgUD/s800/dreamstime_s_70391883.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="530" data-original-width="800" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOLTOmSW_toh4mYC9OeWhGqeq0_oM6ypCwbupM2DlShaDNZq5n14lBC4qXtfeTk97qDuE5FPJKkl6QhPE-BBonuB1m88dTr3-ZcVKbhzcixeT2UP5z4zeUCliwN-hcfsFn9RHR44drsgUD/s320/dreamstime_s_70391883.jpg" width="320" /></a></div><p><br />Personal loans are specifically designed to finance personal expenses. It is popular among people looking at loan products to consolidate their debts. It can be used to finance different personal needs such as purchasing a car or cash to cover medical or educational expenses, among others.</p><p></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Common types of personal loans include Car loans and Lifestyle loans. Personal loans can be secured—requires the need of collateral to secure the loan—or and Unsecured—does not require a collateral, which can include real estate property (house and lot or land) or vehicles (cars/tractors/equipment). </span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; font-weight: 700; vertical-align: baseline; white-space: pre-wrap;">Why should you get personal loans?</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">The application process is easy, and some lenders can render same-day approval. It is a good way to get cash for various personal expenses-including consolidating his multiple credit card debts and his personal loan--and just one pay one loan instead.</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">One can also use personal loans to finance his personal expenses such as health, education, and even travel expenses, among others.</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; font-weight: 700; vertical-align: baseline; white-space: pre-wrap;">Other purposes of personal loans</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Personal loans are a good option if you intend to consolidate multiple debts into one—for convenience purposes. A source of cash to finance other personal expenses.</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; font-weight: 700; vertical-align: baseline; white-space: pre-wrap;">Who should get personal loans?</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Only those who are in dire needs of cash for personal expenses that need immediate funding should get a personal loan. It’s easy to fall into a debt trap with personal loans.</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Since many people fall into a debt trap with personal loans, only those with a stable and continuous source of income should get this loan or any other loan type for that matter.</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Anyone looking at consolidating their debts into one loan</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; font-weight: 700; vertical-align: baseline; white-space: pre-wrap;">Personal loan process</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Eligible applicants can directly go to lenders, but this gives him few options in terms of interest rates. Lenders differ on their requirements and interest rates, so it’s preferable to check with a specific lender that specialises in personal loans for better results.</span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">That’s where Intellichoice Finance comes in, we specialize in personal loans and we have lenders that have been dealing with clients with successful personal loans applications in the past 18 years. </span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 12pt; margin-top: 12pt;">###<br /><br /><i>Darin Hindmarsh is the founder and CEO of Intellichoice Finance, a Brisbane-based mortgage broking company that was established 18 years ago. He was shortlisted as a finalist in the 2020 Australian Mortgage Awards - Pepper Money Broker of the Year – Specialist Lending. If you want to jump start your home loan application, please our online <a href="https://www.intellichoice.com.au/home-loan-application-form.php" target="_blank">home loan application</a> page today! </i></p><p><span id="docs-internal-guid-04e24a9f-7fff-df57-93d7-1fd7ab2f7a73"></span></p><div><br style="-webkit-text-stroke-width: 0px; color: black; font-family: "Times New Roman"; font-size: medium; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;" /></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-13693998599603552142020-10-02T00:00:00.001+10:002020-10-02T00:00:53.949+10:00Things To Consider Before Getting A Home Loan<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCgeXNRK3yEUut0BPuTmHDtUTnQLVFsPY8g8t1RXYAo5VzRLb8tS3qxLnC7jIGQJBmzqp0vLIQe-1HQC0frLvycDoCr2KsTvF1lqg1lcLuZjKt0Va3ePVFK6Ttz_nzD0t3uAxe8cm47XbY/s800/dreamstime_s_64648504.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="800" data-original-width="593" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCgeXNRK3yEUut0BPuTmHDtUTnQLVFsPY8g8t1RXYAo5VzRLb8tS3qxLnC7jIGQJBmzqp0vLIQe-1HQC0frLvycDoCr2KsTvF1lqg1lcLuZjKt0Va3ePVFK6Ttz_nzD0t3uAxe8cm47XbY/s320/dreamstime_s_64648504.jpg" /></a></div><br /><p><br /></p><p>Getting a home loan is already an overwhelming endeavor for
most people. But considering the current economic situation, this has become a
more intimidating process for many.</p><p class="MsoNormal"><o:p></o:p></p>
<p class="MsoNormal">With the current economic condition, getting a home loan has
become more challenging and as such, requires more research and effort from
home buyers to avoid unnecessary stress. <o:p></o:p></p>
<p class="MsoNormal">Since home loans long term commitment, it requires a
thorough effort from planning stage to moving in stage. Each phase of the
process is emotionally taxing. <o:p></o:p></p>
<p class="MsoNormal"><b>What are home loans?<o:p></o:p></b></p>
<p class="MsoNormal">Home loans are types of loans that are specifically designed
for individuals who are looking at getting their own house or property. In
Australia, it is by far the most popular way towards home ownership.<o:p></o:p></p>
<p class="MsoNormal">Since getting home loans is generally a long-term commitment
that is primarily taken out by individuals primarily towards owning a house,
choosing which home loan type that fits your need is important. <o:p></o:p></p>
<p class="MsoNormal">Home loan repayments can take up to 30 years, in most cases,
so it requires a lot of considerations before you should jump in.<o:p></o:p></p>
<p class="MsoNormal"><b>Technical aspects<o:p></o:p></b></p>
<p class="MsoNormal">In order to avoid paying the lenders' mortgage insurance (LMI), try to set aside at least 20% deposit for the loan. The higher the deposit is, the lower your loan will be. Although you will not benefit from the LMI, which is a one-time fee, it will, however, protect the lender should you fail to pay for the loan. </p><p class="MsoNormal">Depending on your needs, there are specific types of loans
just for that. <o:p></o:p></p>
<p class="MsoNormal">Whether you’re a first-time home buyer or a seasoned
investor or a senior looking at cash to finance your daily expenses, there’s a
specific loan type for you. <o:p></o:p></p>
<p class="MsoNormal">Knowing the perfect loan type based on your personal circumstance
is a key to a seamless and worry-free experience. <o:p></o:p></p><div><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">###</span></div><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;"><br /></span></p><div style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: 0px 0px; background-repeat: initial; background-size: initial; border: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><i style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: 0px 0px; background-repeat: initial; background-size: initial; border: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Darin Hindmarsh is the founder and CEO of <a href="https://www.intellichoice.com.au/" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: 0px 0px; background-repeat: initial; background-size: initial; border: 0px; color: #5e52f8; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank">Intellichoice Finance</a>, a Brisbane-based mortgage broking company that was established 18 years ago. He was shortlisted as a finalist in the 2020 Australian Mortgage Awards - Pepper Money Broker of the Year – Specialist Lending. </i></div><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;"></span></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-28519588067830999322020-09-25T02:27:00.000+10:002020-09-25T02:27:16.737+10:00Intellichoice Finance’s Darin Hindmarsh Finalist In AMA 2020 Specialist Lending Awards<p> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjsLGWMfW_ZOZbBJRrSq1AYLNG1lsHhj1dnwL_rsT9ZE450urz3I69mij8TMhfHqov37c-a1DxDNCwlGyHIW7MLU9lrj_-sehyphenhyphenjnTP68RpytnLwL9JIw-2H6WY321iCIVVjij9Uve1GeClD/s500/intellichoice_mini.jpg" imageanchor="1" style="font-family: Arial; font-size: 11pt; margin-left: 1em; margin-right: 1em; text-align: center; white-space: pre-wrap;"><img alt="Intellichoice Finance" border="0" data-original-height="494" data-original-width="500" height="315" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjsLGWMfW_ZOZbBJRrSq1AYLNG1lsHhj1dnwL_rsT9ZE450urz3I69mij8TMhfHqov37c-a1DxDNCwlGyHIW7MLU9lrj_-sehyphenhyphenjnTP68RpytnLwL9JIw-2H6WY321iCIVVjij9Uve1GeClD/w320-h315/intellichoice_mini.jpg" width="320" /></a></p><p><span style="font-family: Arial; font-size: 11pt; white-space: pre-wrap;"></span></p><span style="font-family: Arial; font-size: 11pt; white-space: pre-wrap;"><br />The Australian Mortgage Awards, the most prestigious mortgage award-giving body in the mortgage </span><span style="font-family: Arial; font-size: 11pt; white-space: pre-wrap;">sector in the country, named Darin Hindmarsh as among the finalists under specialist lending category. </span><p></p><span id="docs-internal-guid-72a53bc3-7fff-f612-b3e2-2cb69c05a275"><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Among numerous nominations from brokers and mortgage practitioners from all over the country, Hindmarsh has been shortlisted in this year’s </span><a href="https://www.australianmortgageawards.com.au/index.php/finalists/2020-finalists" style="text-decoration-line: none;"><span style="color: #1155cc; font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">Australian Mortgage Awards</span></a><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;"> - Pepper Money Broker of the Year – Specialist Lending. </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">Hindmarsh is the CEO and founder of Intellichoice Finance, a Brisbane-based company he established some 18 years ago. </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">His story of tragedy, personal struggles, and professional challenges did not damp his spirit to continue what he started. Carrying those experiences with him, he persevered to rebuild his broking firm a year ago to its former glory. </span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;"> </span></p><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;">With his almost two decades of industry experience, Hindmarsh continues to help Australians fulfil their dreams of living in their own house. Staying true to its name, Hindmarsh’s Intellichoice encourages its clients to make intelligent choices in making their dreams come true. </span></p><br /><p dir="ltr" style="line-height: 1.38; margin-bottom: 0pt; margin-top: 0pt;"><span style="font-family: Arial; font-size: 11pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;"><i>Intellichoice Finance is a broking firm in Brisbane, Australia that specialises in personal finance, particularly <a href="https://www.intellichoice.com.au/" target="_blank">owner-builder loans</a>. To know more about their services, you visit their website today. </i></span></p></span>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-33159653278117503652012-06-19T11:05:00.000+10:002012-06-21T20:56:39.427+10:00Darin Hindmarsh and Rod Page explaining insurance for farmers<div dir="ltr" style="text-align: left;" trbidi="on">
<iframe allowfullscreen="" frameborder="0" height="480" src="http://www.youtube.com/embed/OqKbx0jOqm0?rel=0" width="553"></iframe></div>Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-79952256837920277142012-06-19T10:54:00.001+10:002012-06-19T10:54:27.019+10:00Mt Isa Rodeo<div dir="ltr" style="text-align: left;" trbidi="on">
We've decided in the office, we all need to get to this one!<br />
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<br /></div>Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-73100246662664762732012-06-15T13:37:00.001+10:002012-06-15T13:37:05.603+10:00<div dir="ltr" style="text-align: left;" trbidi="on">
As part of our commitment to truly understanding the issues faced by farmers, we took a quick day trip out past Samford to<br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEga4DVfsUF5S5LO9OGcTil0hHJ2_IcU-anz4Lmu2T3NZNvhNlGAwj_bhIIqImyIunQUgtc-mbJg1ddk1qruPTTLFJi9RCIfuw3EaH2mO27QwokL8qDvZ-N1JygoBDklHu3JxR1vF8r5RvE/s1600/IMG_3810.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEga4DVfsUF5S5LO9OGcTil0hHJ2_IcU-anz4Lmu2T3NZNvhNlGAwj_bhIIqImyIunQUgtc-mbJg1ddk1qruPTTLFJi9RCIfuw3EaH2mO27QwokL8qDvZ-N1JygoBDklHu3JxR1vF8r5RvE/s320/IMG_3810.JPG" width="320" /></a></div>
Gorgeous day but it gave everyone a new perspective on what hard work a pineapple farm is. (Except Rodney who did it for 10 years)<br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigE9PmpUNfG4BEn3jnERfASbPmZT6A_e7DR_lqx_O_m158GfPzKCpV4NTvj7KAFp5a18h9mcF1t5HbFYKffPvRNZ52W4MNlqvonGjtzPimC-Dne7wzOoDfdMYOBnNJmMu19jFZRA7LnCk/s1600/IMG_3850.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigE9PmpUNfG4BEn3jnERfASbPmZT6A_e7DR_lqx_O_m158GfPzKCpV4NTvj7KAFp5a18h9mcF1t5HbFYKffPvRNZ52W4MNlqvonGjtzPimC-Dne7wzOoDfdMYOBnNJmMu19jFZRA7LnCk/s320/IMG_3850.JPG" width="320" /></a></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZK3wSukc3XVxW-YtPAnJ9X8LU5HfK1Elw2msrYe8cDSQIvAN6O4jd-XeLAXiopL2AW1hTiftfFCyAujj0_AlZo_yIHZkd0YoYeRYVq5RqSeO0PcS3uGL07bjFuxoCUQxMWljapPpfmxc/s1600/IMG_3831.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZK3wSukc3XVxW-YtPAnJ9X8LU5HfK1Elw2msrYe8cDSQIvAN6O4jd-XeLAXiopL2AW1hTiftfFCyAujj0_AlZo_yIHZkd0YoYeRYVq5RqSeO0PcS3uGL07bjFuxoCUQxMWljapPpfmxc/s320/IMG_3831.JPG" width="320" /></a></div>
<br /></div>Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-33337422412460737022012-05-18T09:57:00.002+10:002012-05-18T09:57:22.227+10:00Working hard in Proserpine<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="http://intellichoicefp.files.wordpress.com/2012/03/ferocious-dog-terrifying-chickens-e28094-inbox.jpg" style="color: #0867ab; text-decoration: none;"><img alt="" class="alignnone size-medium wp-image-48" height="169" src="http://intellichoicefp.files.wordpress.com/2012/03/ferocious-dog-terrifying-chickens-e28094-inbox.jpg?w=300&h=169" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;" title="Ferocious dog terrifying chickens — Inbox" width="300" /></a>Next on the list was Proserpine. They had been cut off a couple of days before but we were lucky enough to get through.</div>
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We did the morning session in Proserpine then went to Ayr.</div>
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The concerns and questions areslightly different in each region.</div>
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The weather patterns are different and that changes things.</div>
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Even though succession is really important, right now many farmers are also dealing with more immediate issues. What is going on with the local mills? How are we going to get our crops harvested?</div>
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My advice is always to focus on what you can control and do your best to get that sorted. You can’t control the weather. You can’t control government regulation.What you can control is the fact that you can insure against income/ partner lose and methods of evaluation.</div>
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We are trying to give farmers the control back that they feel like they are losing by helping them develop a strategic financial plan that will help carry them through.</div>
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</div>Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-32423511520438456862012-05-18T09:52:00.001+10:002012-05-18T09:52:19.916+10:00Next stop - Mackay<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="http://intellichoicefp.files.wordpress.com/2012/03/canegrowers-office-mackay.jpg" style="color: #0867ab; text-decoration: none;"><img alt="" class="alignnone size-medium wp-image-43" height="187" src="http://intellichoicefp.files.wordpress.com/2012/03/canegrowers-office-mackay.jpg?w=300&h=187" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;" title="Canegrowers office Mackay" width="300" /></a>We had a very successful talk in In Mackay at the Canegrowers office in Mackay.</div>
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A lot of the questions and conversations were around the implications of Sucrogen who have been buying a lot of sugar mills which is having an impact on sugar prices. Farmers are a bit worried about the future. A lot of the sugar mills are up to 80 years old and it feels like times are changing.</div>
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Other issues have centred around the weather. There have also been lots of flooding which has been hard for harvesting. The erratic nature of the weather is becoming more clear.</div>
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I also met with a law firm in Mckays Law. Mark McGraw sits on the regional development council.</div>
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He was saying a lot of the cane farms have Develop Approvals on them. But a lot of them can’t go ahead because of political issues.</div>
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There also appears to be a significant resource shortage on its way. It seems the town will only have the capacity to house 10 – 17% of the workers required for the mines.</div>
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For investors and farmers alike, this has quite a lot of implications and needs to be watched carefully</div>
</div>Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-7797362413602123842012-05-17T14:30:00.001+10:002012-05-17T14:30:20.982+10:00Our Amazing Farmers<div dir="ltr" style="text-align: left;" trbidi="on">
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<object width="320" height="266" class="BLOGGER-youtube-video" classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0" data-thumbnail-src="http://1.gvt0.com/vi/fFUZ_j2cCe0/0.jpg"><param name="movie" value="http://www.youtube.com/v/fFUZ_j2cCe0&fs=1&source=uds" />
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<br /></div>Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-34406368701688062612012-05-17T12:59:00.000+10:002012-05-17T12:59:04.069+10:00<div dir="ltr" style="text-align: left;" trbidi="on">
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Here’s Darin Hindmarsh identifying issues that farmers face and how they can be resolved.</div>
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</div>Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-16067355083315660732012-05-17T12:49:00.000+10:002012-05-17T12:49:47.019+10:00Rodney Page our Senior Financial Planner discussing why succession planning is so important for farmers<div dir="ltr" style="text-align: left;" trbidi="on">
<span class="Apple-style-span" style="color: #444444; font-family: Arial, Helvetica, sans-serif; font-size: 14px; line-height: 20px;">Here’s Rodney explaining succession planning and how it can work for farmers</span><br />
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</div>Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-53202835692034373872012-05-17T12:46:00.000+10:002012-05-17T12:46:08.940+10:00The trip begins<div dir="ltr" style="text-align: left;" trbidi="on">
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<div style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 14px; margin-bottom: 10px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;">
<a href="http://intellichoicefp.files.wordpress.com/2012/03/gympie.jpg" style="color: #0867ab; text-decoration: none;"><img alt="" class="alignnone size-medium wp-image-13" height="233" src="http://intellichoicefp.files.wordpress.com/2012/03/gympie.jpg?w=300&h=233" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; font-size: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px; vertical-align: baseline;" title="Gympie" width="300" /></a>As part of our commitment to helping ensure that farmers have a well developed succession plan <a href="http://intellichoicefp.wordpress.com/2012/03/01/rodney-page-senior-financial-planner/" style="color: #0867ab; text-decoration: none;">Rodney Page</a> and I are heading off on a road trip to visit farmers and explain why succession planning is such an important issue.</div>
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It wasn’t a glamourous start.</div>
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I left Brisbane at 4 in the morning driving through pouring rain.</div>
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At 4.00am the Qld Government website told me the Bruce Highway was flooded but by 5.00 the highway signs were saying it was open again! Too late to turn back so we pushed on through Gympie.</div>
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Our first seminar was at 8.30 am to about 10 farm groups. We quickly identified some issues that needed work and Rodney is coming back to spend 3 days there on his way back.</div>
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The next seminar for the day was at 1.00 in Bundaberg so I hightailed it throught Childers to Bundaberg and did the seminar to about 4 or 5 farmers. All of those people wanted a visit from Rod so they are all booked in.</div>
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Wednesday, was Childers and we had more than 20 people at that seminar – all identifying issues that needed to be addressed.</div>
</div>Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-34519266738489278802011-07-28T15:52:00.000+10:002018-06-01T20:42:49.624+10:00How to understand the ins and outs of a self-managed superannuation fund<div dir="ltr" style="text-align: left;" trbidi="on">
A <a href="https://www.intellichoice.com.au/self-managed-super-fund-loans" target="_blank">self-managed superannuation fund</a> (SMSF) can be a vehicle to help you take full control of your retirement with property, but David Hasib of Chan and Naylor says investors must know what they're in for prior to setting one up:<br />
1. To set up a viable SMSF it's wise to have at least $200,000 in your existing <a href="https://www.intellichoice.com.au/self-managed-super-fund-loans" target="_blank">superannuation fund</a> otherwise the costs of administering the fund (minimum $1000 annually) can make the exercise unviable. <br />
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2. Your SMSF must be classified as a complying Australian superannuation fund. <br />
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3. You must become a trustee of the SMSF - this means you're responsible for managing the fund and only access it according to the law. <br />
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4. You must set up and execute an appropriate investment strategy with the assistance of SMSF professionals. <br />
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5. You must always comply with the sole purpose test in the fund to maintain tax concessions are available (eg. buying a holiday home to occupy is in most cases a no-no). <br />
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6. Always keep assets separate from personal affairs. <br />
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7. Follow the superannuation and tax rules in the trust deed, which are set up and updated by an SMSF professional. <br />
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8. Know your restrictions - what you can or can't do (eg. borrowing and lending). <br />
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9. Know what retirement planning strategies you can use to achieve your goals and objectives. <br />
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10. Do you need to outsource? Know what you're truly capable of doing and what you should outsource (eg. tax returns, administration, reporting and auditing). If you're satisfied you have what it takes to set up a SMSF then you need to: set up a trust, choose to be a regulated fund with tax file number and Australian Business Number, write your investment strategy, then set up the trust bank account. The rest is history.<br />
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For more information about <a href="https://www.intellichoice.com.au/self-managed-super-fund-loans" target="_blank">self managed super funds</a>, speak to one of the <a href="https://www.intellichoice.com.au/" target="_blank">financial planners</a> at Intellichoice today. </div>
Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-83734409252474349022011-07-14T17:59:00.000+10:002011-07-14T17:59:53.334+10:00Tax break for savings to benefit millions of AustraliansMore than five million Australians will earn more interest on their savings in banks, building societies and credit unions, under a government proposal to halve the tax paid on the interest they receive.<br />
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Instead of paying $160 in tax on $10,000 of savings in a bank account that earns 5 per cent interest, the Australian taxpayer will only have to pay $80 in tax on the interest earned in 2012-13.<br />
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Under the present system, all interest earned on savings is taxed. The interest is considered additional income, which is added to the taxpayer's annual earnings.<br />
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With the proposed changes, the taxpayer will be given a tax rebate of 50 per cent on the interest earned.Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-36760384512295254242011-05-30T13:58:00.000+10:002018-06-01T20:44:03.303+10:00The importance of property<div dir="ltr" style="text-align: left;" trbidi="on">
A recently released report by global real estate firm Knight Frank and Citi Private Bank highlights the important part that <a href="https://www.intellichoice.com.au/invest-australian-property" target="_blank">property</a> plays in the lives of the wealthy. <br />
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The report looks at the property habits of those who have fortunes of more than $100 million and found that these wealthy individuals have 35% of their wealth in property. <br />
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After their own business they see property as their most important <a href="https://www.intellichoice.com.au/investment-and-advice" target="_blank">investment</a> and are currently more likely to invest in property than any other asset class.</div>
Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-143140460220917102011-05-05T21:56:00.000+10:002018-06-01T20:44:40.820+10:00Reasons for investing<div dir="ltr" style="text-align: left;" trbidi="on">
When considering your investment be sure that you understand your reasons for purchasing an <a href="https://www.intellichoice.com.au/investment-and-advice" target="_blank">investment property</a>.<br />
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Remember that you are investing to secure your financial independance, which means you want to create a passive income and build equity.<br />
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Many people try to pick the market cycle but never actually buy anything because it is not the "right time".<br />
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It's important to plan for the future and not get so caught up in the process that you could end up failing to act.<br />
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It's extremely important to get moving and do something as the cost of doing nothing can be very expensive.<br />
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The ideal time to buy is when it is right for your individual circumstances and when the opportunity presents itself.<br />
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Once a decision is made, act quickly and with confidence.<br />
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The second half of this year will bring many opportunities ; the question is, is it the right time for you?</div>
Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-8117983829069238022011-03-07T20:12:00.000+10:002018-06-01T20:41:43.924+10:00Three quarters of us are in credit card debt<div dir="ltr" style="text-align: left;" trbidi="on">
One of the myths of the credit card market is that only a minority of cardholders carry a balance on their cards from one month to the next.<br />
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In fact the opposite is true.<br />
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According to Reserve Bank credit card figures, the “revolve rate” on cards is 72% (the revolve rate is the finance industry term for cards that carry a credit balance from month to month).<br />
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Consumers spent an average of $15,963 on their credit cards over the past 12 months and carried an average account balance of $3,234.<br />
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And whilst spending on cards increased by a fairly modest 3.3 % over that 12-month period, balances still increased by 6.9% - which means we are reining in our spending on cards but accumulating more debt.<br />
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Customers with multiple credit cards should always pay off the one with the highest interest rate first. <br />
Alternatively they should consider <a href="https://www.intellichoice.com.au/personal">consolidating the debts</a> into a low rate card through a balance transfer offer, or consolidate into a personal or <a href="http://www.intellichoice.com.au/home-loans.html">home loan</a>.<br />
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For assistance with managing your debt or if you would like more information about <a href="https://www.intellichoice.com.au/personal-loans" target="_blank">debt consolidation loans</a>, speak to one of the financial consultants at Intellichoice today on 1300 55 10 45. </div>
Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-6633706414499625932011-02-19T18:52:00.000+10:002018-06-01T20:39:58.710+10:00Financial wellbeing index Q3<div dir="ltr" style="text-align: left;" trbidi="on">
The Financial Wellbeing Index measures people's financial wellbeing in relation to six focus areas. Here are the key findings in Quarter 3 (September – December 2010)<br />
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<li> Aussie households have reported feeling less comfortable across the six focus areas of: credit card and mortgage debt, savings, investments, household income and the ability to pay bills.</li>
<li>Aussies have shown determination to stay on top of their mortgages, with 49% of households with a mortgage making additional loan repayments.</li>
<li>Credit card debt has increased substantially – up 24% from Q2 to Q3.</li>
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the over reliance on credit cards is a worrying trend and we encourage everyone to look to savings as a way to buffer against unexpected costs.<br />
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For assistance with budgeting, setting up a savings plan or <a href="https://www.intellichoice.com.au/intellichoice-calculators" target="_blank">financial planning</a> for a secure future, speak to one of the <a href="https://www.intellichoice.com.au/">financial planners</a> at Intellichoice today. </div>
Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-31735679762298152212011-02-04T22:03:00.000+10:002018-06-01T11:48:43.198+10:00Budget for Success<div dir="ltr" style="text-align: left;" trbidi="on">
Keen to save more and make a big dent in your <a href="http://www.intellichoice.com.au/home-loans.html" target="_blank">mortgage</a>?<br />
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By <a href="https://www.intellichoice.com.au/investment-and-advice" target="_blank">budgeting</a> better, you can reach your goals sooner. Here is a guide to get your New Year started in the right direction.<br />
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<b>1. Record your expenses</b><br />
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Carry a notebook around with you for a month and write down everything that you spend money on and the amount. Don’t forget daily coffees, magazines, eating out, etc. Record it all.<br />
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This will show you how much you’re spending and may prompt you to realise how much you spend on non-essential items.<br />
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<b>2. Calculate your income and expenses</b><br />
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Calculate how much income you make after tax every month and write this figure down. There are a number of good budgeting tools available on the internet to help you easily track your expenses. If you can’t find one, just use a notepad.<br />
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Divide your expenses into those that are essential (for example, groceries, bills and transport costs) and those that are non essential (for example takeaway food, entertainment and indulgent purchases) and calculate how much these cost you each month. For example, if your quarterly electricity bill is usually $450, you will need to divide this figure by three to get monthly cost of $150.<br />
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When this is done, subtract your expenses from your monthly income. This will show you whether you are spending beyond your means or whether you have some cash to spare.<br />
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<b>3. Change your spending habits</b><br />
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To free up some cash to make extra repayments on your home loan or achieve or financial goals, you will need to scrutinise how much you are spending and work towards reducing this amount.<br />
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The non-essential expenses column is the first place to start cutting back, If you are spending a lot on takeaway food, start eating at home more often and pack your lunch to take to work.<br />
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If your petrol costs are high, consider taking public transport or walking if possible. Perhaps you could invest in a bicycle so you save money and gain a health benefit at the same time.<br />
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<b>4. Stick to your budget</b><br />
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Once you have allocated a budget to each of your expenses, stick to it. If you have budgeted to spend $60 a month on eating out, make sure you don’t spend any more.<br />
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It will take discipline, but by following your budget you could cut thousands of dollars interest off your loan and pay your mortgage off much sooner.<br />
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<b>Savings Tips</b><br />
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Here are some savings tips to help you on your way:<br />
<ul style="text-align: left;">
<li>Have an easy access cash account for everyday needs with a debit card attached</li>
<li>Save a fixed amount of money every pay in a separate account</li>
<li>Save your pay rises, bonuses or special payments or tax refund</li>
<li> Put your change into a savings jar at the end of each day</li>
<li>Pay your mortgage fortnightly and pay an extra 5-10 per cent on your mortgage every month</li>
<li>Budget a specific amount for leisure, mortgage repayments and personal expenses</li>
<li>Make extra superannuation contributions from your pre-tax salary otherwise known as <a href="https://www.intellichoice.com.au/self-managed-super-fund-loans" target="_blank">salary sacrificing</a>.</li>
</ul>
</div>
Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-78758672477395849912011-01-31T20:40:00.000+10:002018-06-01T11:55:17.995+10:00Time for Super<div dir="ltr" style="text-align: left;" trbidi="on">
The average Australian spends 2,555 hours a year sleeping and around 910 hours a year watching television.<br />
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So shouldn’t we be spending more than half an hour a year thinking about our super?<br />
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When the average Australian sets out to buy a car, they may spend weeks weighing up their options. Buying a house sometimes takes months, or even years, of searching, planning and saving.<br />
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Even smaller financial purchases such as stereo, DVD player or computer take more than a couple of hours of shopping around.<br />
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And yet recent research revealed that the majority of people spend less than 30 minutes a year thinking about what is usually the biggest investment they have after their home - their super.<br />
So what’s to think about?<br />
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Many people think of superannuation as a “set and forget” part of their lives - their employer sets it up and puts money into it on their behalf and it’s not something they have terribly much control over. However, this is something of a misconception.<br />
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Even though your employer contributes money to your fund, superannuation is still your savings for your retirement. You are still able to control things such as which investment option your money is invested in and how much you contribute yourself.<br />
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It’s therefore worth taking the time to find out about your options within your super fund and thinking about how you can make them work for you.<br />
Are you in the right investment option?<br />
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Most funds offer different investment options so you can choose the one that most closely meets your needs and retirement objectives.<br />
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If you haven’t already made a choice then your money is normally invested in the default or balanced option.. This may turn out to be right for you, but you’ll need to spend some time finding out about it and comparing it with other options on offer before you decide.<br />
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To help make a considered decision, look at:<br />
<ul style="text-align: left;">
<li>How comfortable you are with receiving returns that are different to what you expected</li>
<li>How long you have until retirement</li>
<li>Whether you need to see financial advice.</li>
</ul>
Once you are happy with the option you have selected, make a note to review it at least once a year to see if it still meets your needs.<br />
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<b>Will you have enough?</b><br />
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That’s a big question. First you need to work out how much will be enough to live the life you want in retirement. Whether you’ll have that amount depends on how much super you have now, how much is being contributed to your account, the fees being charged, the returns on your super and how long you have until you retire.<br />
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There are calculators on many of the big funds’ websites that can help you to work this out.<br />
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<b>How do you contribute more?</b><br />
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If you think that you won’t have enough, you can help make your super grow by adding to the contributions your employer makes. You can do this from before-tax income (salary sacrifice) or from after-tax income. A benefit of making after-tax contributions to your super is that, if you are eligible, the Government may give you a helping hand by making a co-contribution. To find out more about the co-contribution, visit www.ato.gov.au/super.<br />
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<b>Do you have more than one super fund?</b><br />
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If you have more than one super fund, consider consolidating them all into one account. This can also help to grow your super because you’ll only be paying one set of fees and insurance premiums.<br />
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Before you go ahead check the exit fees, any extra benefits and the insurance arrangements of the funds you’ll be rolling out of. Sometimes the fees can be so high that it may be best to leave your money where it is. Also, your insurance arrangements may cease, or provide a different type of cover.<br />
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If you think you have more than one super account but you’re not sure how to track them down, try www.unclaimedsuper.com.au or the Tax Office’s SuperSeeker at www.ato.gov.au/super.<br />
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<b>Do you have insurance through your super fund?</b><br />
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Chances are that, unless you specifically said no to insurance when you joined the fund, you will have at least minimum disability income protection and death insurance. But is it enough to meet your needs?<br />
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The first step is to find out what cover you have now and then think about whether the amount of benefit that may be paid would cover all the expenses you need it to. Although taking out insurance through you super fund is generally cheaper than purchasing it directly, keep in mind that the premiums for insurance through your super fund come out of your super account so increasing your premiums will impact on your super balance.<br />
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<b>What other benefits does your fund offer?</b><br />
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Many <a href="https://www.intellichoice.com.au/self-managed-super-fund-loans" target="_blank">superannuation funds</a> offer access to other products and services, including financial products you can use long before you retire. These products may include low cost banking products, <a href="https://www.intellichoice.com.au/self-managed-super-fund-loans" target="_blank">managed funds</a> with no entry or exit fees, <a href="https://www.intellichoice.com.au/" target="_blank">financial planning</a> services and discount health insurance.</div>
Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-38327700284664041292011-01-15T08:15:00.000+10:002018-06-01T20:45:30.252+10:00Aussies lose track of a third of their cash - every week!A survey commissioned by Visa shows Australians cannot account for $59 cash a week (that's $3,068 per person a year) - more than double the international average in the survey.<br />
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Where does the cash go?<br />
In Australia, consumers who lost track of their cash said they were more likely to "mystery spend" (meaning spending cash they can't account for) while purchasing food and groceries (44%), socialising (40%), leisure shopping (38%), buying snacks (30%), or dining out (24%).<br />
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<br />
It's easier to keep track of where you're spending your money if you have a <a href="https://www.intellichoice.com.au/budget-planner" target="_blank">budget</a>.Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.comtag:blogger.com,1999:blog-4820800072843014147.post-37042877983011369622010-12-15T12:27:00.000+10:002018-06-01T20:49:38.677+10:00Australians attitude to debt and savings - a recent surveyA recent survey conducted by RaboDirect has found the following stats:<br />
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<ul>
<li>About 74% of respondents believe paying off their debt is the best way to save money</li>
<li>One in five credit card holders worry about not paying off their bill in full each month, yet one in six are happy to make purchases knowing they cannot pay for it in the interest free-period.</li>
<li>About one third of survey respondents consider their financial situation has worsened in the last year and have taken steps as a result. They have cut back on luxuries, such as dining, entertainment and holidays, and some have also considered their day-to-day shopping habits.</li>
<li>The survey also found that 28% of Australians say their savings would only last two months if they lost their job</li>
<li>Just over one in ten (13%) have no savings at all. This paints a worrying picture at a time of the year when the job market traditionally slows down.</li>
<li>Low interest transaction accounts are the most popular home for ‘savings’ with 46% of regular savers putting money in their transaction account (representing 41% of total savings in last six months). This is despite the fact that interest paid on these accounts is negligible and often eaten away by fees</li>
</ul>
Below are some tips for better financial management:<br />
<ul>
<li>Set a <a href="https://www.intellichoice.com.au/budget-planner" target="_blank">budget</a> and revisit it regularly and adjust as necessary to match personal/financial needs or changes to your finances. eg got married, started a family or got a new job</li>
<li>Spend less than you earn!</li>
<li>Pay off your most expensive, non deductible debt, first eg credit cards</li>
<li>Regularly check that your financial products (such as your mortgage loan, transaction and savings account, insurance, credit cards etc.) suit your needs and offer the best value</li>
<li>Have your salary paid directly into a high interest savings account rather than leaving money idle in a low-interest bearing account</li>
<li>Seek help early if things get out of hand - speak to a <a href="https://www.intellichoice.com.au/" target="_blank">financial advisor</a> for more help</li>
</ul>
Intellichoice-Editorhttp://www.blogger.com/profile/16154536540376661665noreply@blogger.com