Freedom Finance Australia in Melbourne, Victoria, Australia | Financial service

Freedom Finance Australia

Locality: Melbourne, Victoria, Australia

Phone: +61 1800 662 891

Address: 636 St Kilda Rd 3004 Melbourne, VIC, Australia

Website: http://www.ffau.com.au

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25.01.2022 It really is important! Life insurance is important because it assists you, your family and loved ones to cope financially and stress free should the unexpected happen, as we all know, the unexpected does happen! #lifeinsurance #stressfree #familyfirst #financial #financialservices #freedomfianceaustralia... www.ffau.com.au

25.01.2022 In case you missed it, here is is again Federal Budget 20-21 overview, click on the link below to see more https://budget.gov.au/2020-21/content/overview.htm... #federalbudget #fianance #freedomfinanceaustralia

24.01.2022 SAVINGS VERSUS INVESTING There is a big difference between saving and investing. Both saving money and investing money should have their position in your life but will play very distinctive roles. How you manage each of these will have consequences towards your financial success, stress level and how wealthy you can eventually become. ... Saving money is the process of placing your money in safe and secure accounts that can be accessed in a short amount of time or as per arrangement. Investing money is the process of using your money or capital, to buy an asset you think has a good chance of getting a safe and acceptable rate of return over time even though it may decline for years. Usually, this is found in stocks, bonds, and real estate. #savings #investing #freedomfinanceaustralia #finances

24.01.2022 www.ffau.com.au #freedomfinanceaustralia #financialplanner #financialadvisor

23.01.2022 Key super rates and thresholds The following rates and thresholds apply to contributions and benefits, employment termination payments, #super guarantee and co-contributions. CLICK ON THE BELOW LINK TO FIND OUT MORE... https://www.ato.gov.au//key-superannuation-rates-and-thr/ #superrates #superannuation #smsf

22.01.2022 WHAT MATTERS MOST IN LIFE? Lets not forget, life insurance does much more than provide financial security for your family after you’re gone. The different types of life insurance including income protection, total and permanent disability (TPD), and trauma protection. Insurances are all about how we protect what matters to us. Our loved ones, our homes, our cars and more. ... Living through a global pandemic like COVID-19 has changed the priorities of many. We have now discovered that intangible things in our lives and happiness are more important to us than material possessions. Both physical and mental well-being and the security and happiness of those we love and care for is by far the most important. This focus on quality of life rather than the collection of stuff makes life insurance, which includes income protection, total and permanent disability (TPD), and trauma protection, arguably the most important of all insurances. Call our specialized insurance team at freedom finance Australia, don't wait till its too late! #lifeinsurance #happiness #freedomfinanceaustralia #financialservices

20.01.2022 First 3 Principles of finance, how they can help when investing Risk and Return Principle of Risk and Return shows that investors must be mindful both of risk and return, because higher the risk higher the rates of return and lower the risk, lower the rates of return. If it's business financing, you need to compare the return with risk as this will ensure peak rates of return that investors need to measure risk and return by both direct measurement and comparative measurement.... Time Value of Money This principle is relative to the value of money, like the value of money is reducing as time passes. The value of a particular $ of the present time, is more than the value of $ after some time or some years. So before investing or taking funds, we have to think about the drop, inflation rate of the economy and the required rate of return must be more than the inflation rate so that return can offset for the loss incurred by the inflation. Cash Flow The cash flow principle firstly reflects on the cash flow in and out, more cash inflow in the earlier timeframe is better than later cash flow by the investors. This rule also follows the time value principle, that’s why it best to have earlier added benefits rather than later years benefits. #freedomfinanceaustralia See more

19.01.2022 You and your loved ones are worth the effort, time and energy, always!

19.01.2022 Can you afford to wait? Statistics from the Federal Government show the wait for subsidised home care packages has increased. Retirement planning includes considering your needs in later life, and making provision for privately funded care when subsidised care may not be available. It’s your life and planning in advance will help you to live at home for longer. Speak to our aged care specialist John Payne today to find out more, simply leave your details on the link below... https://ffau.com.au/aged-care-financial-advice/ #agedcare #retirement #freedomfinanceaustralia #ffau

18.01.2022 FFAU WEEKLY REPORT- Markets, Economics and Politics week ending 30/10/2020 Markets: Local and global equity markets fell this week In local stock news, National Australia Bank said 2nd half cash earnings will take a $264 million hit... Westpac flagged a $1.2 billion earnings hit due to write-downs ANZ bank’s cash profit fell 42% for the full year due to Covid-19 credit impairment charges Coca-Cola Amatil shares rose after receiving a takeover from Coca-Cola European Partners. Boral agreed to sell its 50% share in USG Boral to Knauf, its business partner, for US$1.01 billion. Coles reported a 10% increase in 1st quarter sales compared to the same period last year The Aussie dollar fell this week on US dollar strength. The oil price fell sharply Economics: Australian inflation rose by 1.6% in the 3rd quarter and the annual rate lifted to a still very low 0.7% The RBA deputy governor told a government hearing that Australia’s technical recession (ie. 2 consecutive quarters of negative growth) is effectively over Australian goods export prices fell by 5.1% in the 3rdquarter to be down almost 10% over the year, whilst goods import prices were down by 3.5% in the quarter Commonwealth Bank showed that lending for housing continued to grow at a solid pace in September The US economy expanded by an annualised 33.1% in the 3rd quarter US initial jobless claims fell by 40,000 to 751,000 last week, coming in better than expected Manufacturing data in France weakened whilst German manufacturing data went the other way. Profits at China’s industrial firms rose more than 10% in September on the same time last year. Politics: The US presidential race gathered pace with polls and betting showing Trump cutting into Biden’s lead Virus cases continue to rise globally, particularly throughout Europe and the US, resulting in further restrictions including curfews Victorians finally received some relief Facebook, Twitter, and Alphabet (Google) all fronted a US senate inquiry into claims of censorship and political interference China has slapped sanctions on US defence companies www.ffau.com.au #freedomfinanceaustralia

17.01.2022 6 Principles of Finance You Must Know Financing is the process of collecting funds to invest by ensuring proper utilization. Proper financing normally requires following 6 core principles of finance, as this will help with the maximization of benefits. Briefly, finance is the management of funds. The person who is responsible for managing the fund is known as financial managers or financial advisors. Principles act as a guideline for the investment and financing decision. Fi...nancial managers make operating, investment, and financing decisions. Some of these are related to the short term and some long term Investing. The 6 Principles of Finance everyone should Know, whether it is for individuals or organizations. call our financial advisors on - Phone: 1800 662 891 to find out more #freedomfinanceaustralia

17.01.2022 TRAUMA INSURANCE, what is it? Another type of insurance that is important to know about is Trauma, this type can offer a lump sum payment if you are diagnosed with a particular medical condition such as heart attack, cancer, stroke or if you require heart bypass surgery. The doubt of wondering if you will be able to cover your medical expenses, not to mention the time off work, can be very worrying, not only for you but could eventually effect your loved ones also. 50% of ...Australians (1 in 2 ) has a chronic health condition such as cancer, heart disease or stroke that may require ongoing management and account for 87% of deaths. The lump sum that can be provided by trauma insurance can take away that financial burden by paying the costs associated with treatment and rehabilitation and any out-of-pocket expenses incurred that may not be covered by your health fund. The optional type of trauma insurance means it can also help ease household income while you are recovering. https://ffau.com.au/ #traumainsurance #insurance #freedomfinanceaustralia #lifeinsurancepolicy

15.01.2022 NO TO MINIMUM MONTHLY PAYMENTS ON A CREDIT CARD Making credit card minimum monthly payments can keep the credit card account in order, but this is usually the expensive way of controlling your account. Why? You know why, the balance at the end of every month will incur interest, making it even more difficult to pay it off. When it comes to making your monthly credit card payments, don't think minimum, always think about the maximum payment that you can afford as this will get... you out of debt faster. Make it a habit to look at your credit card statement each month and use it as a motivator to try and pay it off. For further motivation, you could also use a tool like the Money Smart credit card calculator as this will give you an estimate of how much of a difference extra repayments will make. Another way to make extra payments is by considering to review your budget and making reductions on optional spending and then commit to using what you have saved to make higher repayments on your credit card. Another option would be to check if it is possible to transfer your current balance to another bank with a zero interest period. https://moneysmart.gov.au/credit-car/credit-card-calculator #creditcarddebt #financialplanning #freedomfinanceaustralia

11.01.2022 LIFE INSURANCE & PEACE OF MIND The average age associated with claiming for life insurance is only 66 years for a male and 63 years for a female. Why is this important for you to know ? Well, imagine if you had to think Do I have enough money this should be the last thing anyone has to worry about, at a time of grief and sadness. The out-of-pocket expenses related with terminal illness and death can be extremely high. The financial stress associated can become overwhelmi...ng and very worrying. Life insurance gives piece of mind to you and your loved ones that they will have the financial support they require. Life insurance can pays a lump sum if one is diagnosed with a terminal illness (and not expected to survive more than 12 to 24 months) or suddenly dies as a result of an accident or illness. #lifeinsurance #insurance #freedomfinanceaustralia #financialplanning #insuranceoptions

10.01.2022 RETIREMENT SUPER, LUMP SUM OR INCOME STREAM? Option 1: Withdraw as a lump sum ? Option 2: Start a retirement income stream?... Do you know the PROS & CONS of each option ? Message us below to arrange a time to speak with one of our superannuation specialists. #retirement

10.01.2022 Top five tips to stay at home as you age. #Homecare may, even if temporarily, may defer the need to move into residential care. Family support may still be needed to manage and potentially deliver additional care where needed.... The family home needs to be suitable for your needs. Home maintenance, renovations, or a home relocation might be required to ensure a safe and accessible environment. You will need to weigh up the cost of home care as opposed to aged care, this is where our aged care specialist John Payne can help you. https://ffau.com.au/aged-care-financial-advice/ #agedcare #freedomfinanceaustralia #ffau

10.01.2022 ACHIEVING RESULTS FOR RETIREMENT Well let me ask you, do you think that retirement is only a few years away and you still have so much to plan You can’t believe how much things have changed in a short space of time? Here are some steps you may have missed towards your plan: 1. How much do you need in retirement to suit your lifestyle?... 2. How much should you save for your retirement? 3. Know your net worth? 4. Have you set your own personal goals? 5. What is your risk profile? Things can happen SO fast and when you least expect it. The above 5 steps will help you towards a fun, secure and happy retirement with less stress. Call our expert team today, they can help you plan your journey! www.ffau.com.au #retirement #goals #lifestyle #riskprofile #financialplanning #finance #freeedomFinanceAustralia

08.01.2022 Aged Care, it may be hard starting the conversation! Aged care can be a difficult and emotionally loaded conversation for family members. Many parents and their adult children avoid talking about it until a crisis occurs, by which time it is often too late for any effective planning. The same emotions (anxiety, distress, avoidance) may also prevent people from raising this topic with their financial adviser.... So as the objective and independent professional it may be up to us at #FreedomFinanceAustralia to initiate the conversation! It is vital for all involved to have clear value proposition in relation to aged care advice service, which just means that you need to be able to clearly understand the services and benefits that are out there. Let our professional aged care team help you fully understand. #www.ffau.com.au #AgedCare #elderly #planning #retirement #FreedomFinanceAustralia

07.01.2022 Don’t delay, Should you start your savings strategy at 25, 35, 45, 55 years of age, look at the comparisons. Age 25 and thinking about retirement (assume retire age is 65): $10,000 starting balance with extra saving $1,000 p/a, this will grow to approx $363,354... Age 35 and thinking about retirement (assume retire age is 65): $20,000 starting balance extra saving $1,000 p/a, this will grow to approx $253,318 Age 45 and thinking about retirement (assume retire age is 65): $30,000 starting balance with extra saving $1,000 p/a, this will grow to approx $159,955 Age 55 and thinking about retirement (assume retire age is 65): $40,000 starting balance extra saving $1,000 p/a this will grow to approx $93,470 The younger you start the more comfortable you will be! #retirementplanning #freedomfinanceaustralia #financialplanning #financialadvisor #financialplanner

06.01.2022 DO YOU WANT TO TEACH YOUR CHILDREN ABOUT RETIREMENT SAVINGS & PLANNING? -Help them understand it is never too early to start saving and planning. Needs versus wants. Discuss the difference between 'needs' and 'wants' and encourage your children to think about these before spending their money. -Help them understand to start saving for retirement as soon as they get their first pay. Yes, we know that can be difficult especially if they are not earning enough and they may have ...other commitments and bills to pay, but every little bit of savings will help. The most important thing is getting them into the routine of saving continuously. -Encourage increasing their savings. Again, that may not be possible for someone who’s 18 years old, but you can at least mention to your children that by gradually increasing their savings amount over time will help. Teach them about extra super contributions and how this will benefit their retirement. -Show them the basics. Your children, especially at a younger age, may have little understanding about how a retirement savings plan even works, start with the basics, like how it works and where to begin. There may also be a specific time to ask your financial advisor to sit down with them to help explain these concepts. -Teach your children how to budget. Do the family budget together with your kids. These are all important life skills that your children will benefit fromso it’s up to you to be proactive in teaching them! Should you need to know more about how you can assist your children in their retirement planning, feel free to reach out to one of our Freedom Finance Australia financial advisors. #freedomfinanceaustralia #childrensavings #financialplanning, #financialadvisor

05.01.2022 #freedomfinanceaustralia #economicupdatenov2020

03.01.2022 The hunt for dividend Income in 2020, click on link below to find out more http://ow.ly/DNHI50Cu6W4 www.ffau.com.au... #freedomfinanceaustralia #dividendincome See more

03.01.2022 TPD INSURANCE what is it? We all know, this year more than ever, how things can change at a drop of a hat, but the problem is, it’s difficult to know when, and to who, bad luck will strike. This uncertainty makes it tough, yet important, to protect against all the WHAT IFS. By choosing to purchase life insurance, including Total & Permanent Disability (TPD) cover, you can decrease the risk of life’s misfortunes by ruining your life, your dreams and your family’s happiness.... While the danger cant be removed from our lives altogether, we can definitely take steps to protect the way of living. Many people don’t realise the advantages of TPD insurance, which is often more affordable than they think. Life is a risk, lets face it! On any given day in Australia: 1,300 people are hospitalised due to injury 380 people are diagnosed with cancer 100 people have a stroke 170 people have a heart attack 250 new cases of dementia are diagnosed Ask yourself, can you afford not to have Life insurance in you life? #lifeinsurance #tpdinsurance #incomeprotectioninsurance #freedomfinanceaustralia #insurance

02.01.2022 To sell or not to sellkeeping up with the increasing cost of aged care is not easy. In-between the stress and rush to find #agedcare, many people believe that selling their family home is the only alternative they have when it comes to paying for the #costofcare. The understanding of, when it comes to the family home for age pension and aged care eligibility is complex, but not with the help of our specialist, #ACSAccreditedAgedCareProfessional, John Payne, he can assist you... to work out what you can afford so you can focus on searching for the right aged care services that suits. https://ffau.com.au/aged-care-financial-advice/ #agedcare #freedomfinanceaustralia #ffau

02.01.2022 Freedom Finance Australia accounting services takes the worry out of "AM I DOING IT RIGHT" https://freedomfinanceaccounting.com.au/ #freedomfinanceaustralia #accounting #financialplanners #finance #wealthmanagement

02.01.2022 THE WEEK THAT WAS - Freedom Finance weekly update WEEK ENDING 9/4/2021 Click on the link below to read all about the week that was in finance. https://bit.ly/3pGHON0... #financialServices #finance #WeeklyUpdates #FreedomFinanceAustralia

01.01.2022 Bonds, inflation and your investments Why are bond yields rising? Click below to read more https://bit.ly/39y2qjV