How to choose the best High-Interest Savings Account for your child 02/15/2019 Photo by bady qb At Martin & Fortuin, we believe that every single person should hold a savings account in their own name, into which money is to be deposited on a regular basis and where the magic of compound interest is allowed to take effect. The magic of compound interest is achieved when any amount of money is deposited, at consistently regular intervals (daily, weekly, fortnightly, monthly etc.) and is left untouched (no withdrawals) for as long as possible.* We recommend that
Photo by bady qb At Martin & Fortuin, we believe that every single person should hold a savings account in their own name, into which money is to be deposited on a regular basis and where the magic of compound interest is allowed to take effect. The magic of compound interest is achieved when any amount of money is deposited, at consistently regular intervals (daily, weekly, fortnightly, monthly etc.) and is left untouched (no withdrawals) for as long as possible.* We recommend that
The power of incentives 02/06/2019 Photo by Peter Fogden on Unsplash What drives your decision-making and subsequent actions? The answer lies in your incentives. Every day, we are constantly having to make choices which will affect the outcome of our day, our week, our month, our year and even our lifetime. Sounds a bit extreme doesn't it, but think about the person who makes the decision to commit a crime (action) for which they are apprehended, tried in court and sentenced to life imprisonment? Or what about the person who
Photo by Peter Fogden on Unsplash What drives your decision-making and subsequent actions? The answer lies in your incentives. Every day, we are constantly having to make choices which will affect the outcome of our day, our week, our month, our year and even our lifetime. Sounds a bit extreme doesn't it, but think about the person who makes the decision to commit a crime (action) for which they are apprehended, tried in court and sentenced to life imprisonment? Or what about the person who
Isla is ten years old and excited about starting her own investment portfolio 02/01/2019 Photo by Randy Tarampi on Unsplash Isla is ten years old and has attended financial literacy classes since she was eight years old. In the beginning when Isla was eight years old, she learnt about how to tell the difference between the things that she needs and the things that she wants. She learnt that setting goals for herself can help her to achieve the things that she wants. Isla learnt that there are many different types of lifestyles and that she can choose the kind of lifestyle that
Photo by Randy Tarampi on Unsplash Isla is ten years old and has attended financial literacy classes since she was eight years old. In the beginning when Isla was eight years old, she learnt about how to tell the difference between the things that she needs and the things that she wants. She learnt that setting goals for herself can help her to achieve the things that she wants. Isla learnt that there are many different types of lifestyles and that she can choose the kind of lifestyle that
Reducing back-to-school costs 01/24/2019 Photo by Zach Vessels on Unsplash The following excerpt is from ASIC's Moneysmart website and does not necessarily represent the views of the author. The cost of sending kids to school can add up quickly. Not only are there uniforms, bags, shoes, stationery supplies and school fees to pay, there are also lunches, excursion and transport costs to consider. Here are some ideas to help prepare and save for the school year ahead. Save on school uniforms If a uniform is required for your
Photo by Zach Vessels on Unsplash The following excerpt is from ASIC's Moneysmart website and does not necessarily represent the views of the author. The cost of sending kids to school can add up quickly. Not only are there uniforms, bags, shoes, stationery supplies and school fees to pay, there are also lunches, excursion and transport costs to consider. Here are some ideas to help prepare and save for the school year ahead. Save on school uniforms If a uniform is required for your