Investment

Tracking your spending helps you understand your daily money habits. How much money is coming in and going out each week, fortnight or month?

Also called a wrap service, is a custodial reporting service where all your investments are managed.

There is good debt (borrow to invest) interest tax deductible and bad debt (borrow for lifestyle) interest not tax deductible.

In a managed fund, your money is pooled together with other investors. An investment manager then buys and sells shares or other assets on your behalf.

Borrowing to invest, Gains are multiplied as well as losses.

Land and buildings most common way to invest.

Learn how you can retire in style. Start with a plan and constantly re-evaluate the plan.

This is where you sacrifice some of your income and save on tax

Most important principle in wealth creation is spend less than you earn.

Another name for shares listed on the stock exchange.

Most tax effective savings over the long term can set you up for a secure retirement.

The two certain things in life are death and taxes.