Friday, 09 March 2018
The cost of education in Australia has risen a staggering 61% in the last decade, whilst child-raising costs have gone up by 50%. Meanwhile, our household incomes have only risen by about 25%, which means the cost of raising children is growing at double the rate of our average incomes. Yikes!
Thursday, 01 February 2018
At Fortress we often set our clients some homework: to tighten up their household budget to see how much surplus cash they really have. Remember, it’s the money left over at the end of the month that you can use to start building your wealth.
Tuesday, 23 January 2018
A financial plan is a set of strategies that help you achieve your goals. Not sure what your long-term financial goals are? One of the easiest places to start is to focus on getting the fundamentals right so that when your goals become clearer, you are in a great position to hit the ground running.
Wednesday, 17 January 2018
The US Federal Reserve increased official interest rates by 25 basis points to 1.25%-1.50% in December – the third rate rise this year. Expectations are for three more hikes in 2018. Economic data globally continues to be robust, although some signs are appearing that momentum may be slowing.
Tuesday, 16 January 2018
Now that Christmas is done and dusted, we all should start planning ahead for next year. Imagine getting to December knowing that you have a few thousand dollars in the bank, ready to buy gifts, pay for your holiday and stock your pantry full of delicious Christmas treats!
Monday, 08 January 2018
Only 25% of people include financial goals in their New Year’s resolutions (most are health related). Despite this, New Years is the perfect time to commit to becoming financially healthy. Financial stress can directly affect your health and well-being, so if you are concerned with getting healthy in the New Year, let’s add ‘become financially responsible’ to your list for 2018.
Thursday, 21 December 2017
School holidays can be an expensive time for your family. Most people acknowledge they spend more money during school holidays than at other times of the year. Here are some ideas for cheap or free activities you could try with your kids during the school holidays.