Woman to Woman………….
Society works against us in women’s financial independence. Being encouraged to spend, spend and spend.
Is that your main desire and focus? After taking some retail therapy, do you feel empty, not satisfied? There must be more to life!
The average super balance for men still adding to their accounts is $71,645 while women hold an average of just $40,475. The average retirement payout (determined by the average savings for those aged 60-64) was $198,000 for men and $112,600 for women. In Australia the average salary for a woman is almost 18% less than for a man. (source: Australian Super Women and Super).
What is your fall back position if you have no savings? What is your superannuation worth? Don’t be left depending on others for help.
There are solutions. Think for a moment…………
How is financial independence achieved? How do I protect my salary?
How do I invest to gain independence for my future? How do I protect myself from debt?
Did you know there is protection cover for women’s cancers & other illness?
You can Design your own Desired Future
Call me to make your booking today as Bookings are Essential Ph: 8132 2655 or e:firstname.lastname@example.org
Free Knowledge & Awareness – Absolutely No Obligation
Ask about our Specific Women’s Workshops for your Business or Colleagues
Marcia Walsh (AR 291696) AFD Financial Solutions www.afdfin.com.au 270 Payneham Rd, Payneham SA 5070
Marcia Walsh of AFD Financial Solutions is Authorised Representative of Professional Investment Services Pty Ltd (PIS) – ABN 11 074 608 No. 234951. All Financial Planning services are provided through Professional Investment Services and all Lending & Leasing services are provided Centrepoint Lending Solutions
Are you 60 or over? Would Love a New Home? Did you know?
There is available for the 60’s and over age group a Seniors Housing Grant.
It works like this:
The Seniors Housing Grant (SHG) is a once off grant of up to $8500, available to natural persons, aged 60 years or more, who are purchasing or building a new home valued at up to $400 000 and will phase out for eligible homes valued at up to $450 000 for home owners. The SHG is not available in addition to the First Home Owner Grant (FHOG).
The SHG applies to: a contract to purchase a new home entered into between 1 July 2014 and 30 June 2016 (inclusive); a comprehensive home building contract for a new home entered into between 1 July 2014 and 30 June 2016 (inclusive) where the contract states that the building work will be completed within 18 months of commencement or the building work is actually completed within 18 months of commencement; a contract for the purchase of a new home off-the-plan entered into between 1 July 2014 and 30 June 2016 (inclusive) where the contract states that the building work is actually completed on or before 31 December 2017; and an owner builder where construction of the new home commences on or after 1 July 2014 and before 30 June 2016.
The SHG is available to natural persons aged 60 years and over who purchase or build a new home as their principal place of residence.
Only one SHG is payable in relation to a particular new home and at least one of the applicants must: satisfy the Commissioner that they are aged 60 years or over; and occupy the home as their principal place of residence for a continuous period of at least six months, commencing within 12 months after the completion of the eligible transaction.
In addition an applicant is ineligible to receive a SHG if the applicant or their spouse/domestic partner has previously received and retained a SHG.
If your family have left ‘the nest’ or you are thinking of downsizing, why not consider a new home,. Your dream home built to your specifications. The dream may have to become reality as the build cost is maxed out at $400,000 but remember this includes the land value. For instance: if you purchased land for $180,000 then the full build cost would have to be $220,000.
There is a scale allowed to $450,000 where the SHG runs out to Nil.
If you are thinking along the lines of a new home, modern, easy to manage, clean and airy, then give me a call to discuss your situation and how this may be of benefit to you. The SHG runs out June 30, 2016.
Some Easy Ideas for Financial Fitness and Health Fitness
1. Be actively involved in your own income and expense each week, month or fortnight (depending on the frequency of your salary)
2. Speak up if you have any questions or concerns with your salary or with your superannuation or any discrepancies on your pay slip and check if you have any personal insurance cover in superannuation.
3. Learn more about your individual rights with Banking, Loans and Credit Cards, the conditions and interest rates. How they are set up. If you don’t’ know ask your bank or a Mortgage Broker or Financial Adviser to help you through the information.
4. Keep all your agreements like mortgage documents, rental agreements and all statements in a safe place
5. Make sure you understand the debt, how much you owe, to the assets, how much you own, and how long it will take to reduce all debts. This affects your future wealth.
6. Make sure you get answers to any questions you ask about your debts and don’t be fobbed off with unclear information. Ask for explanations in simple wording.
7. Talk to a Mortgage Broker or Financial Adviser about your options if you are not sure or think there maybe better options for your current financial situation.
8. Make sure you understand what will happen and have everything explained before signing any documents.
9. Make sure you, your partner, or anyone that any refinance or financial changes interferes with, especially family members that have been guarantors or used equity in property to help you in the past, all know and agree on exactly what will be the outcome for all.
10. Before any settlement of mortgages or finance arrangements, make sure all your direct debits are changed to the new loan account preventing any dishonours.
Feel free to contact me anytime for any financial assistance. Your questions are always welcomed.
10 Tips for Health Fitness
1. Be actively involved in your own health care
2. Speak up if you have any questions or concerns
3. Learn more about your condition or treatments by asking your doctor or nurse and by using other reliable sources of information
4. Keep a list of all the medicines you are taking
5. Make sure you understand the medicines you are taking
6. Make sure you get the results of any test or procedure
7. Talk to your doctor or health care professional about your options if you need to go into hospital
8. Make sure you understand what will happen if you need surgery or a procedure
9. Make sure you, your doctor and your surgeon all agree on exactly what will be done during the operation
10.Before you leave hospital, ask your doctor or other health care professionals to explain the treatment plan you will use at home.
Call your Doctor or Medical Centre for further information.