Find out if controlling your own superannuation investments is right for you. First things first, what is a self-managed super fund (SMSF)? Put simply, it's a superannuation fund that gives you control over making all of the investment decisions. That may mean more financial freedom, however it also makes you responsible for complying with the super and tax laws. So, you must know your stuff! The Australian Taxation Office outlines: "An SMSF must be run for the sole pu...

Looking to invest? Weigh up your options with this at-a-glance guide for investing in shares versus purchasing property. If you're interested in building your wealth, it's only a matter of time before you'll start weighing into the shares vs property debate. In fact, you've probably already noticed that everyone's finance path is different. And while buying property might be right for you, investing in shares could be a smart money move for the next person. ...

Looking for an easy way to help get your personal finance in order? If you're like most people, your paper trail is probably decreasing by the day. No doubt, you already receive your bills and bank statements online, and now there are even apps and web-based tools to manage important documents such as your will, business contracts, insurance, receipts and invoices. While personal finance apps used to focus on budgeting alone, many tools now go much further. Not only can you store all of...

5 simple steps to budgeting for your next property You've probably already noticed that working out how much you should spend on a property, rather than how much you could spend is a smart approach to money management. Before deciding on where you want to buy, or even what type of property you're after, it's best to think about exactly how much you should spend. And, to help work that out, here are five easy but vital considerations to make when calculating your propert...

5 ways to know if you're at retirement age. What age can I retire? We are often asked this question at FinancePath. And, the answer is simple you can retire at any age you like. The real question is: are you ready to retire? But before we delve into what financial considerations you must make when preparing for retirement, you should first ensure you're mentally prepared to give up work. After all, it's no secret that our purpose in life is often entwined with our occup...