TIPS Financial Services

The upfront costs of buying a home

The upfront costs of buying a home - TIPS Financial Services When saving for your first (or next) home, it’s common to focus on building up the deposit and servicing your upcoming home loan. However, there are other upfront costs when buying a home that you should be aware of from the get-go. With it being particularly challenging these days to get your foo...

Airbnb vs long term rentals – do the numbers stack up?

Airbnb vs long term rentals - do the numbers stack up? - TIPS Financial Services In just 15 short years, Airbnb has transformed from a platform helping homeowners earn cash from their spare rooms to a business and property investment strategy. There are between 100,000 and 350,000 short-term rental properties across Australia, with homes making up approximately 85% of those list...

Australians need help on how to manage huge wealth transfer

Australians need help on how to manage huge wealth transfer - TIPS Financial Services Most Australians want to share their wealth with the next generation but are unsure how to transfer that wealth and need help to plan for an effective transfer. Financial advisers are well-placed to meet those needs, according to the findings of a new report from Fidelity International and independe...

We should remember that good fortune often happens when opportunity meets with preparation

Cybercrime is an increasing and ongoing threat

Preparing for property success in 2024

Preparing for property success in 2024 - TIPS Financial Services The new year is a time when most people sit back and set some goals for the year ahead. But why not think about your goals for next year now? If you are thinking of buying a property, get a jump-start on 2024 and be ready to buy by starting the pre-approval process and doing ... Read more

Manage the cost of living

Manage the cost of living - TIPS Financial Services Here are some quick ways to reduce your living costs. Having a money plan helps you stay on top of your spending and bills. There’s also free support and services to go to if you’re feeling overwhelmed. If you’re in crisis and struggling to pay for essentials, there are services to help you wi...

Tax and the super after-life

Tax and the super after-life - TIPS Financial Services Many people assume there is no tax payable on super benefits received after someone passes away, but that’s not always the case. Whether or not tax is paid on a super death benefit depends on the beneficiary’s relationship with the deceased. Although some beneficiaries receive their money tax-fr...

True happiness comes from the joy of deeds well done

Segmenting your money in different accounts can help you stay in control

Every exit is an entry to somewhere else

The 1% rule – tiny changes add up to a BIG difference

The 1% rule - tiny changes add up to a BIG difference - TIPS Financial Services Personal transformation can be challenging. We all have habits we’d like to break and behaviours we’d like to do more of. But when we do some self-examination and think about what is involved in navigating change, it can seem overwhelming to get to where we need to be, whether that is personally...