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Book Chapter Teaser! Meet Jenny Brown!

Ever wondered what secrets an award winning financial adviser shares with her clients?

Meet Jenny Brown, an amazing adviser based in Victoria who features in Financial Secrets Revealed.

Jenny shares her story of growing up in a rural area in southern Australia and being taught that ‘money didn’t grow on apple trees’ seeing they were surrounded by orchards.  She shares how delayed gratification and working hard for what you wanted was just how things were done.

We follow her journey from advertising and into financial advice and the best advice she was given along the way from some of her mentors.

I love Jenny’s main advice tip to just ‘Get started.’  As we know, there’s never a perfect time.  Don’t worry about if it’s too late or too early, just begin your financial journey and don’t be afraid to ask for help along the way.

If you want to learn more about Jenny’s story, what she thinks about budgets and business plans, and her favourite form of investment, then get ready for Financial Secrets Revealed where you’ll learn so much more.

Stay tuned, book release date isn’t too far off now!

Book Chapter Teaser! Meet Emma Isaacs!

Just one of the amazing people I’ve interviewed for my new book, Financial Secrets Revealed is the lovely Emma Isaacs, mother extraordinaire and global CEO of the fabulous Business Chicks network.

Amazing Emma shares the stories from her early life that impacted her financial abilities and the role her grandfather played in her financial education.

Her entrepreneurial journey started very early and while her friends were out partying, she was the one working.

Emma discusses her personal financial setbacks candidly along with the best financial advice she’s ever been given and just how she and her husband tackle the family finances.  With five kids and a hectic travel schedule, you’d have to be on top of that!

With a lot of ugly stigma around money, being open and honest with each other works for the Isaacs.

I also love her top financial tip – “it doesn’t matter how much or how little you have, it’s about building a discipline and building your confidence around money and investing.”

If you’d love to learn more about Emma’s financial journey, her favourite form of investment and the advice she’d like her beautiful kids to learn about money, just stay tuned.

Financial Secrets Revealed will be able to be ordered in the coming weeks, and I can’t wait to share Emma’s story and so many more with you!

 

Coming Soon!…

I’m just a little bit excited!

My first book is now at the publisher’s and in editing phase!  What a huge job!  And by November, I should have a hard copy in my hot little hands!  CAN’T HARDLY WAIT!!

Writing a book was always something I’d wanted to do, but wasn’t sure whether a bodice busting romance or business book would manifest itself first… Guess the finance chick won in the end.  I knew what I didn’t want to do was another wanky adviser book on how to do a budget, spread over 30,000 words, so can assure you, that it isn’t that!

I’ve put together a collective wisdom from some amazing men and women in business, in financial services and everyday heroes.  I’ve been incredibly nosy and asked about their life growing up, what lessons they learned from their family around money, the greatest advice they’ve ever been given and what are the best financial tips they’d love to pass on to their nearest and dearest!  I ask about setbacks along the way and how they’ve recovered too.

I can’t wait to share tips over the coming weeks as a bit of a teaser from some of the various people I’ve interviewed, so stay tuned for more…

Huge Thanks to MDRT Foundation!

MEDIA RELEASE:

The Hunger Project Australia Receives Grant from Million Dollar Round Table Foundation

 16 August — The MDRT Foundation has awarded a USD 1,000 grant to The Hunger Project Australia via Amanda Cassar’s fundraising efforts for the Unleashed Women movement.

Through its global grants programs, the MDRT Foundation is committed to building stronger families and communities around the globe. This year, the MDRT Foundation will award over

$1 million in MDRT member-endorsed grants to more than 200 charitable organizations worldwide.

Amanda Cassar is an Unleashed Woman and has also visited The Hunger Project’s work in Uganda and Malawi. The USD 1,000 grant provides for example 16 women with a microfinance loan and financial literacy training so they can start a small business, earn an income and support their families. During her visit to Malawi, Amanda met women who have been empowered by The Hunger Project in this way.

Unleashed Women is a powerful global movement empowering women to end hunger. For more, visit www.unleashedwomen.org.au For more on The Hunger Project Australia, visit www.thp.org.au

 

About the MDRT Foundation:

The MDRT Foundation was created in 1959 to provide MDRT members with a means to give back to their communities. Since its inception, the Foundation has donated more than $30 million in more than 70 countries throughout the world and in all 50 U.S. states. These funds were raised by MDRT members and industry partners. For more information, visit mdrtfoundation.org.

About MDRT:

Founded in 1927, the Million Dollar Round Table (MDRT), The Premier Association of Financial Professionals®, is a global, independent association of more than 49,500 of the world’s leading life insurance and financial services professionals from more than 500 companies in 70 countries. MDRT members demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service. MDRT membership is recognized internationally as the standard of excellence in the life insurance and financial services business.  For more information, visit mdrt.org.

Women’s Money Toolkit

I’m a big fan of ASIC’s MoneySmart website and love their Women’s Toolkit.  Have you had a chance to check it out as yet?

The women’s money toolkit has been designed with tips and tools to help you manage your money, gain an edge on your finances and deal with life’s ups and downs.  And we know there’s plenty of them!

The kit was developed because women face unique financial challenges such as having less super than men, living longer and taking time out of paid work to care for others.

It’s designed to have you answer some simple questions and receive a tailored list of topics that may include having a baby, relationships and money, sorting out your super and many more.

Create a personalised to-do list of the actions you need to focus on right now to make the most of your money and enhance your well being.

Remember, you can always:

Do yourself and favour and check it out here: ASIC Women’s Toolkit

The Truth about Investing

Plenty of people tell me, “I’ll come and see you when I have money to invest!”  Great!!  (Mostly, I’m still waiting…)

So how much does it really take to start investing?

Truth is, you really don’t need a lot.  Some start with a small lump sum and others put small amounts away regularly.  It’s really what’s best for you.

The best advice I can give you for free… is to start!  Then keep adding to your investments regularly.

You’ve probably heard it before, but remember – don’t put all your eggs in one basket! And, the higher the earnings or return you expect from an investment, the more risky it’s likely to be. Investments that offer lower returns are generally less risky.

A financial adviser can assist in working out your risk profile – that’s the level of risk you’re comfortable with, and that can depend on what you’re investing or saving for.  You may have a much higher tolerance for volatility for your superannuation or retirement funds than you would when saving for the deposit on a home.

Advisers are also qualified to assist when you’ve had an inheritance, lost or divorced a partner or had a major change in circumstances.

Sit down and work out your personal budget and see just what’s left each pay period that you can use to either bring down debt or start your savings plan today!  If you don’t know where to start, an adviser can definitely assist.  So stop putting it off and waiting for the magic to happen… chances are you’re more likely to get ahead by starting, than waiting.

Women & Retirement

Seeing there’s actually no fixed aged when you can retire, it’s really completely up to you.  What it does come down to usually is, can you fund it?

Most start thinking in their’s 50’s about how it’s all going to work, as entitlement to the Age Pension is somewhere between 65 and 67, depending on when you were born.

Often a gradual transition is the way to go, slowly cutting back on days at work, going part time before finally exiting the work force for good.  Other conditions to consider when approaching retirement and leaving the work force for good are the loss of social interaction provided by work and the mental stimulation that’s provided.

Do you have hobbies that can take the place of your usual schedule or will boredom quickly creep in?  Exiting slowly can help you keep a hand in, whilst transitioning slowly, giving you a taste for what lies beyond work.

Some may choose to continue working part-time towards their 70’s as life expectancy moves forward.  Others have always wanted to volunteer for a local school or charity and now enjoy giving back to their local community.

If you still have a partner, discussing expectations and plans for life after work is essential to ensuring you’re on the same page.  Suddenly being together 24/7 isn’t everyone’s ideal start to their retirement years.

For others, it’s time to buy that caravan or Harley (or both!) and join the multitudes of Grey Nomads touring the country!

For others it’s not so easy.  Forced retirement may be brought on by having to assist in caring for aging parents or unwell children or grandchildren.  This can seriously impact your ability to put away additional funds to help in your retirement years.

And still, financial considerations remain top of mind.  How much you’ll need in retirement is completely dependent on the lifestyle you’ll be living…  And what you have saved to boost your pension will often dictate that lifestyle.

You might want to sit down with your planner long before retirement is on the horizon and discuss strategies that may suit your circumstances.  If your debt is low, it may be time to give your superannuation funds a boost by implementing salary sacrifice strategies.  For those closer to retirement, it might be worth considering a Transition to Retirement strategy.  Those on a lower income may be able to take advantage of the Government’s Co-Contribution strategy.

Getting the right advice for your situation is likely the best investment you can make in your future.  So how does retirement look for you?