Money Magazine December 2022

AS WE USHER IN a new year, I am emboldened by some of the predictions I'm seeing on how the markets will play out. Many of us will welcome 2023 with more savings in our pockets, a strong sense of job security and plenty of investment products and services to choose from. That's not to say things will be easy. This year's money gremlins – high inflation, higher cost of living and unsteady markets overseas – will remain with us in the next 12 months. But credit should also be given where it is due. Savings are at record highs, unemployment is at record lows and the government buffered most of the harsh blows of the pandemic, which helped many of us to get back on our feet quicker and avoid financial catastrophe. Looking…

FROM THE EDITOR EDITOR'S DESK AS WE USHER IN a new year, I am emboldened by some of the predictions I'm seeing on how the markets will play out. Many of us will welcome 2023 with more savings in our pockets, a strong sense of job security and plenty of investment products and services to choose from. That's not to say things will be easy. This year's money gremlins – high inflation, higher cost of living and unsteady markets overseas – will remain with us in the next 12 months. But credit should also be given where it is due. Savings are at record highs, unemployment is at record lows and the government buffered most of the harsh blows of the pandemic, which helped many of us to get back on…

At 63, I'm at the mercy of a ‘scrooge’ husband I am 63 and a few years ago, at the age of 59, I realised that I needed to educate myself about retirement income. I always thought that as a low income earner I would get a government pension. Unfortunately, it came as a shock that because my husband has an investment property with his brother, I am not entitled to a pension at all. The thought of relying on my husband's super and investment income alone is frightening as it isn't much at all. I have a mere $60,000 in my super. He has always been a scrooge and I can't convince him to sell his property. I do believe we both would be better on a pension, as suggested in…

At 63, I'm at the mercy of a ‘scrooge’ husband I am 63 and a few years ago, at the age of 59, I realised that I needed to educate myself about retirement income. I always thought that as a low income earner I would get a government pension. Unfortunately, it came as a shock that because my husband has an investment property with his brother, I am not entitled to a pension at all. The thought of relying on my husband's super and investment income alone is frightening as it isn't much at all. I have a mere $60,000 in my super. He has always been a scrooge and I can't convince him to sell his property. I do believe we both would be better on a pension, as…

JACK TALBOT Contributing writer A Hello Fresh subscription! I find myself time poor and falling into the trap of having nothing ready for dinner and ordering Uber Eats. A costly habit! I don't have the mental bandwidth or time at the end of the day to run around the supermarket, but if I already have the ingredients in the fridge ready to go, I'll cook them. This has substantially cut down my mid-week spending! STEPHANIE ANTONIS Head of media sales Definitely a 25-visit swim pass to Sydney's Bondi Icebergs Pool & Sauna. A $170 investment allows you to enjoy one of the most iconic open air saltwater pools in the world, 25 times. I've been swimming at Bondi Icebergs pool for years, and it never ceases to amaze. Immersing myself in its breathtaking beauty and…

JACK TALBOT Contributing writer A Hello Fresh subscription! I find myself time poor and falling into the trap of having nothing ready for dinner and ordering Uber Eats. A costly habit! I don't have the mental bandwidth or time at the end of the day to run around the supermarket, but if I already have the ingredients in the fridge ready to go, I'll cook them. This has substantially cut down my mid-week spending! STEPHANIE ANTONIS Head of media sales Definitely a 25-visit swim pass to Sydney's Bondi Icebergs Pool & Sauna. A $170 investment allows you to enjoy one of the most iconic open air saltwater pools in the world, 25 times. I've been swimming at Bondi Icebergs pool for years, and it never ceases to amaze. Immersing myself…