Looking at your next payslip, you might notice a change to your superannuation. On July 1, the super guarantee rate increased from 11 per cent to 11.5 per cent. This means the compulsory superannuation payments made by your employer have jumped, so more money will be going into your nest egg. Know the news with … Read more
People in their 30s may be a long way off from their retirement savings goals, but they have plenty of time to get on track. On average, Americans say they’ll need around $1.46 million saved up to retire comfortably, according to Northwestern Mutual’s “2024 Planning and Progress” study. And for millennials, the majority of whom … Read more
Vanessa Acosta marries Sam Roberts in their backyard in Pasadena, California, on May 25, 2024. Courtesy: Vanessa Acosta Last year, Vanessa Acosta and Sam Roberts found their dream venue for a black-tie wedding. But a series of family events made the couple reconsider their plans: “We don’t need to do this big thing where we’re … Read more
Sydney mum-of-three Sandie Barnes only goes fresh produce shopping five or six times a year. Her farm-fresh Aussie meat is delivered to her front door monthly, and she pops into the supermarket to top up on essential groceries just when she needs to. For five mouths, and the family’s pet dog, her weekly food bill … Read more
Jacqueline* started using the Afterpay app so she could purchase more expensive items and pay them off over time — but things soon spiralled. The 34-year-old history teacher from the NSW city of Newcastle says she became addicted to using the buy now, pay later (BNPL) app and found herself $40,000 in debt. “I started … Read more
Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service, speaks at a Senate Appropriations subcommittee hearing in Washington, D.C., on May 19, 2021. Bloomberg | Bloomberg | Getty Images There’s a pileup of tax identity theft cases at the IRS — but the agency is working on a “range of improvements” to speed up … Read more
pixelfit | E+ | Getty Images Young, wealthy investors don’t want their parents’ investments. If you’re between the ages of 21 and 43 and have at least $3 million in investable assets, your preferred investments likely aren’t your traditional mix of stocks and bonds, according to new research from Bank of America. Nearly one-third of … Read more
Patchareeporn Sakoolchai | Moment | Getty Images Summer is the season of road trips. A record 70.9 million Americans are expected to travel by car during the July 4th holiday week alone, according to AAA. For some car owners, it might be more financially savvy to rent a vehicle for a road trip than use … Read more
Theatrical one-sheet for THELMA, a Magnolia Pictures release. Courtesy: Magnolia Pictures In the movie “Thelma,” 93-year-old Thelma Post receives a frantic call from what sounds like her grandson saying he’s in jail with a broken nose following an accident and needs $10,000. Assuming the call is truly her grandson, Thelma, portrayed by June Squibb, follows … Read more
Two winters ago, we vacationed to a hot-spot resort in the Caribbean with our family. Around the perimeter of its casino concourse, a variety of attractions buzzed for our consumption. We found an art installation to climb on, faux floral arches to position ourselves around and giant milkshakes topped with full desserts in sugar-rimmed glasses … Read more
