General | Jane Clark Financial Management

Redirecting Instant Gratification Urges for Wealth Building

Financial Planning, General, Investment, Reflection / July 18, 2024 July 16, 2024

Imagine turning your $50 weekly impulse buys into a $39,000 nest egg. Sounds impossible? It's not. By redirecting just $2,600 a year – the cost of those small, often forgettable purchases – into smart investments, you could be setting yourself up for a significantly wealthier future. This article explores how to transform your spending habits and harness the power of compound interest, turning fleeting pleasures into long-term financial success. Discover practical strategies to curb impulsive spending and learn where to invest for maximum growth. Your future self will thank you for every dollar saved and wisely invested today.

Here’s One Thing that all Australians Can Agree to Be Proud of

General, Reflection / January 25, 2024 January 22, 2024

Here in the land downunder, we are blessed with a very stable economy. That stability is no accident. It is the end result of a lot of thought that has been put into developing institutions and processes that really work.

Wishing you a Well-Earned Rest!

General, Reflection / December 21, 2023 December 13, 2023

2023 is coming to an end and we are taking a break from writing articles for a few weeks. If you are anything like us, you are probably looking forward to a well-earned rest as the year comes to a close.

Student Loans: To Repay or not to Repay?

General, Reflection / December 14, 2023 December 13, 2023

One of the most common questions we are asked by our younger clients, or the parents of our younger clients, is whether and when to make a voluntary repayment of a Commonwealth Student Loan. Usually, the answer is still no.

Making Unknowns Known

General, Reflection / November 16, 2023 November 13, 2023

People of a certain age will remember former US Secretary of Defence Donald Rumsfeld describing ‘knowns and unknowns’ way back in 2002. Rumsfeld copped some criticism for what seemed to be a mangling of the English language. But in actual fact, his sentences make perfect sense. And they apply to finance just as well as they apply to global politics.

The Best Time to Think

General, Reflection / October 19, 2023 October 18, 2023

The best advice anyone ever gave us was to plan our next holiday while still enjoying the current one. There are a bunch of reasons for this. But the main one is that we make the best decisions when we are relaxed and happy.

Like Some Cherries on Top of that Government Payment?

General, Reflection / October 12, 2023 October 9, 2023

Australia has a generous benefit system, ranging from unemployment benefits to aged and disability pensions. But the cash that the Government provides is not the only way they help. Payment recipients can also claim some additional extras which can also make life a lot easier. And the best news is that sometimes you only need to qualify for a small Government payment in order to access these added extras.

What does a bank know about spending?

General, Reflection / September 28, 2023 September 20, 2023

Every time we tap or swipe to make an electronic payment, or send a direct debit, there is someone who knows exactly what we have spent our money on. That someone is, of course, our bank. What they can tell us about our overall spending is fascinating.

The Women’s World Cup and Good Money Management

General, Reflection / August 10, 2023 August 9, 2023

The Women’s World Cup is on and the Matildas are playing magnificently! They have already made the final eight, and this weekend they have the chance to push through to the semi-finals. Here’s just a few ‘money management tips’ from the Matildas.

How Many Types of Money are There?

General, Reflection / July 27, 2023 February 2, 2024

Did you know that there is more than one type of money? In countries like Australia and the US, which use fiat currencies and central banks, there are really four types of money. Read on to find out more.