Money Made Simple Blog

But How Do I Manage My Money? budgeting building wealth financialliteracy investing learnaboutmoney Feb 08, 2023

A question that often comes up with women I speak with is “But how?!”. I’m all too familiar with this question, as I used to ask it A LOT and it kept me stuck for a long time.

Asking questions and being curious is a wonderful thing. We discover so much through curiosity....

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5 Money Essentials budgeting building wealth estate planning financialempowerment financialliteracy learnaboutmoney Jan 25, 2023

Money management can be overwhelming, but it doesn't have to be.  As a busy mum, it's also often difficult to know what to do first.  There are SO many things on your list!  

As I often say to my 7 year old daughter - "life is about balance".  By that I mean, balancing...

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Why Financial Empowerment for Women is SO Important financialempowerment financialliteracy financialliteracyforwomen getgoodwithmoney learnaboutmoney womenandfinances Aug 24, 2022

Women are at a greater risk of being single and poor in retirement - yes, that is confronting but it is real. Women are far less likely to have a financial plan for retirement than men. Financial Empowerment involves women getting a financial education and planning for their future.

Since April...

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Money Multi-tasking - Saving, Paying off Debt AND Investing financialliteracy financialplanning learnaboutmoney moneylifestyle moneypie Aug 01, 2022

The concept of multi-tasking is something often associated with women, and how we can do multiple tasks all at once. Well, what it really is is jumping from one task to another, to another, coming back to the first one, then jumping to another. Sound exhausting? Well, it is!

I don’t think...

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Simplicity is Sexy learnaboutmoney moneybasics moneymadesimple Jul 03, 2022

OK, so simplicity isn’t exactly “sexy”, but it is simple!  That’s as profound as I’m going to get, I promise.

Recently I worked with a client and helped to unravel some very complicated financial set ups. There were bills paid late, and account fees upon account...

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To Capital Protect or Not? learnaboutmoney moneybasics savemoney Jul 01, 2022

Capital protection (usually in a managed fund) is something I first heard about a few years ago.  I always thought that the only capital protected accounts were in the bank, where the Government guaranteed up to $250,000.

However, there are companies that offer capital protected products that...

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Health Insurance - What Do You Actually Need healthinsurance learnaboutmoney moneybasics Jun 29, 2022

Compared to many other Developed Countries we have a pretty good public health system, yet it's still advisable to have some private health insurance - particularly if you need anything medical that is classified as "non-essential".

I've had private health insurance for about 20 years, and the...

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Should You Even Have a Financial Plan? financialliteracy financialplanning learnaboutmoney Jun 27, 2022

The concept of what is a Financial Plan is something I began to re-evaluate a few years ago, as life has a way of not going to plan – either because things don’t work out the way you anticipated, or because something better comes along that you couldn’t anticipate.

Life has given...

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How to Teach Your Kids About Money kids and money learnaboutmoney moneybasics Jun 25, 2022

Even though my daughter is only 6 years old, I’ve already started her money education journey.  It’s something I’ve been conscious of since she was about 2, starting with how my husband and I talk about money, spend money and portray the value or concept of money to her....

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Rising Interest Rates versus Overall Inflation financialliteracy learnaboutmoney moneybasics Jun 17, 2022

There’s been a lot of talk lately about rising interest rates and there’s a lot of concern around what that’s going to mean for the family budget.

What the Reserve Bank is trying to do is curb inflation and pull back the rising cost of goods and housing.

With inflation officially...

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Take Charge of Your Investments building wealth investing learnaboutmoney Jun 15, 2022

In my last post I talked about how I was overhauling my finances and ditching a Financial Advisor who was happy to take my regular commissions, and provide no value in return.

Here are some important considerations to help you take control of your investments:

Step 1: Risk Profile

There are a...

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Take Charge of Your Finances financialliteracy getgoodwithmoney learnaboutmoney Jun 13, 2022

Many years ago I went to see a Financial Advisor to get my “money sorted”.  I have to admit to being pretty naïve, and I bought the sales pitch hook, line and sinker.  I have since been on a research and clean up exercise and what a journey!

I found that I was paying...

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