Money Insights E-newsletter – December 2021
If debt is keeping you up at night, you’re not alone. Lots of us are worried about how much debt we have and how we are going to pay it off.Posted: December 23, 2021
|Sure-fire ways to wipe your debt sooner|
If debt is keeping you up at night, you’re not alone. Lots of us are worried about how much debt we have and how we are going to pay it off. According to the ABC’s 2019 survey, Australia Talks, 90% of the 55,000 people who responded said debt was a problem for them—and with Deakin University identifying that financial control is part of the “golden triangle of happiness”, it’s clearly an issue that’s affecting our wellbeing.
|Everything you need to know about emergency funds|
Life can throw all sorts of curve balls your way, but having an emergency pool of funds gives you peace of mind if something unfortunate were to happen, such as losing your job or getting sick. While emergency funds, or rainy-day accounts, have been growing in popularity over the last few years, the financial impact of COVID-19 and lockdown has meant they have now become more relevant than ever. Learn what you need to know about emergency funds.
|Reclaiming lost time with grandchildren and families|
Time is one of life’s few resources that becomes so much more valuable as we age. The COVID-19 pandemic has been tough for all Australians; necessary but isolating lockdowns have resulted in missed birthdays, missed hugs and missed dinners around the dining table. Many of us are grieving the critical family time lost and social milestones missed due to lockdowns. But for grandparents separated from their families, the loss of two years is much more significant.
This is a publication of Australian Unity Personal Financial Services Limited ABN 26 098 725 145 (AUPFS), AFSL 234459. Its contents are current to the date of publication only, and whilst all care has been taken in its preparation, AUPFS accepts no liability for errors or omissions. This report is general in nature and does not take into account the objectives or circumstances of any particular individual or entity. It cannot be relied upon as a substitute for personal financial, taxation or legal advice.