Rick Maggi

7 December 2017

Economics, Goal Setting, Investing, Wealth Accumulation, Superannuation, Strategy, Retirement

Financial Planning: Goals based investing 101

Rick Maggi

7 December 2017

Economics, Goal Setting, Investing, Wealth Accumulation, Superannuation, Strategy, Retirement

Financial Planning: Goals based investing 101

Why do we invest? Why do we put money in the bank? Is it simply because we should or we’re told we’re should? No – it’s because it helps us to achieve our goals.

Goals-based investing is increasingly popular as a financial planning strategy – it’s a pathway to financial freedom and choices such as the chance to travel, provide our kids with a good education, purchase things we love, build our homes and create foundations for our future.

So how does it work and how can you make goals-based investing work for you?

Investing: Cautious optimism better for your health...

At the start of last year, with global and Australian shares down around 20% from their April/May 2015 highs, the big worry was that the global economy was going back into recession and that there will be another Global Financial Crisis (GFC). Now, with share markets having had a strong run higher, it seems to have been replaced by worries that a crash is around the corner and this will give us the global recession and new GFC that we missed last year!

Rick Maggi

27 November 2017

Children's Education, Educational, Ethical Investing, FPA, Financial Advice, Financial Planning, Financial Planning Assoc, Goal Setting, Investing, School Fees, Retirement, Self Development, Superannuation, Wealth Accumulation, Well Being

Psych yourself into saving

Rick Maggi

27 November 2017

Children's Education, Educational, Ethical Investing, FPA, Financial Advice, Financial Planning, Financial Planning Assoc, Goal Setting, Investing, School Fees, Retirement, Self Development, Superannuation, Wealth Accumulation, Well Being

Whether you’re struggling to make ends meet or living comfortably, saving money can be something you’ll be finding hard to do. In her new book “Mind Over Money: The Psychology of Money and How To Use it Better” BBC broadcaster and psychologist Claudia Hammond shares insights into how we can change our ways when it comes to budgeting, spending and saving more for a rainy day...

Rick Maggi

16 November 2017

Budgeting, Children's Education, Educational, Financial Advice, Financial Planning, Goal Setting, School Fees, Self Development, Well Being, Wealth Accumulation

Saving: Lessons to teach your kids

Rick Maggi

16 November 2017

Budgeting, Children's Education, Educational, Financial Advice, Financial Planning, Goal Setting, School Fees, Self Development, Well Being, Wealth Accumulation

One of the most important things you can teach your kids is how to manage their money as this will help them better face the challenges of adulthood. In our world of ever advancing technology, children often don’t see physical money being exchanged. In fact, some Scandinavian countries are even doing away with physical cash altogether...

Rick Maggi

23 October 2017

Educational, Debt Management, Financial Advice, Financial Planning, Financial Planning Assoc, Finance, Goal Setting, Investing, Lifestyle, Self Development, Wealth Accumulation, Well Being

UNDER 40 & BROKE: THE NEED FOR FINANCIAL ADVICE

Rick Maggi

23 October 2017

Educational, Debt Management, Financial Advice, Financial Planning, Financial Planning Assoc, Finance, Goal Setting, Investing, Lifestyle, Self Development, Wealth Accumulation, Well Being

UNDER 40 & BROKE: THE NEED FOR FINANCIAL ADVICE

With increasing debt and falling home ownership among the under 40s, their financial prospects are less than rosy. If this trend is set to continue, young people are going to be needing financial advice more than ever to help them make the best choices for a secure future...

Rick Maggi

3 October 2017

Children's Education, Educational, Ethical Investing, Financial Planning, Financial Advice, FPA, Financial Planning Assoc, Goal Setting, Income Protection, Investing, Life Insurance, Property, Self Development, Shares, Wealth Accumulation, Well Being

SHARING FINANCIAL WISDOM

Rick Maggi

3 October 2017

Children's Education, Educational, Ethical Investing, Financial Planning, Financial Advice, FPA, Financial Planning Assoc, Goal Setting, Income Protection, Investing, Life Insurance, Property, Self Development, Shares, Wealth Accumulation, Well Being

Money know-how can come from anyone, young or old. When it comes to financial wisdom, author and speaker Kylie Travers and actor and singer Charmaine Bingwa have taken their lead from the previous generation...

Rick Maggi

29 September 2017

Educational, Financial Advice, Financial Planning, Financial Planning Assoc, FPA, Goal Setting, SMSF, Superannuation, Retirement, Wealth Accumulation

A Better Retirement

Rick Maggi

29 September 2017

Educational, Financial Advice, Financial Planning, Financial Planning Assoc, FPA, Goal Setting, SMSF, Superannuation, Retirement, Wealth Accumulation

Today, with Australians living longer and healthier lives, the concept of retirement is much different to what it was only one generation ago. For each retiree, retirement is different.

Typically, there are four areas that need to be considered to help you better understand your retirement goals and objectives. These are...

Rick Maggi

12 September 2017

ESG, Ethical Investing, Financial Planning, Financial Advice, Financial Planning Assoc, FPA, Goal Setting, Investing, Self Development, Lifestyle

Investing In Yourself

Rick Maggi

12 September 2017

ESG, Ethical Investing, Financial Planning, Financial Advice, Financial Planning Assoc, FPA, Goal Setting, Investing, Self Development, Lifestyle

What do you really want out of life? Investing in yourself is an important way to prepare for achieving your personal goals. Here are 5 ways to make sure you’re ready to meet the future as your very best self...

Insurance: Income Protection - Stay Ready

'Income Protection' - in the world of investing and financial planning, this is never a thrilling topic of conversation. I don't know how many times I've seen client's eyes begin to glaze over whenever I've broached the subject of income protection, or life insurance for that matter.

Rick Maggi

11 September 2017

Educational, Financial Advice, Financial Planning, Financial Planning Assoc, FPA, Goal Setting, Investing, Socially Responsible-SRI

5 MONEY MINDSETS HOLDING YOU BACK

Rick Maggi

11 September 2017

Educational, Financial Advice, Financial Planning, Financial Planning Assoc, FPA, Goal Setting, Investing, Socially Responsible-SRI

What’s holding you back from taking control of your financial future? Discover the five mind tricks that can stop you from achieving financial success and what you can do to avoid them.

Rick Maggi

11 September 2017

Financial Planning, Goal Setting, Financial Advice

Financial Planning: Live the dream (Video)

Rick Maggi

11 September 2017

Financial Planning, Goal Setting, Financial Advice

Financial Planning: Live the dream (Video)

People who plan have more control of their lives because they can see options to move forward. This provides them with a sense of security and happiness, without fear of regret. And for many of us that’s what living the dream is about. Here we talk to 7 Aussies from different walks of life about living the dream....

Rick Maggi

8 September 2017

Educational, Economics, Financial Planning, Financial Advice, Goal Setting, FPA, Financial Planning Assoc, Survey, Research

Financial Planning: BELIEFS, ATTITUDES & REGRETS

Rick Maggi

8 September 2017

Educational, Economics, Financial Planning, Financial Advice, Goal Setting, FPA, Financial Planning Assoc, Survey, Research

Financial Planning: BELIEFS, ATTITUDES & REGRETS

In taking the nation's collective pulse on financial related behaviours and beliefs, the FPA Live the Dream report has uncovered some fascinating insights into how Aussies are living out their dreams and what it takes to succeed. Four personality profiles have emerged from the research: Go-Getters (33%), Cruisers (19%), Daydreamers (32%), and Builders (16%). Which personality do you mostly identify with?

Rick Maggi

7 September 2017

Educational, Debt Management, Ethical Investing, Financial Advice, Financial Planning, Financial Planning Assoc, Finance, Investing, Goal Setting, Income Protection, Self Development, Retirement

Defining Enough

Rick Maggi

7 September 2017

Educational, Debt Management, Ethical Investing, Financial Advice, Financial Planning, Financial Planning Assoc, Finance, Investing, Goal Setting, Income Protection, Self Development, Retirement

Do all your future plans rely on having a lot more money than you do now? If the answer is yes, it might be time to think carefully about your values so you can put together a realistic financial plan that will bring you closer to the sort of life you want.

Planning for your financial future doesn’t have to be about chasing more money. Achieving a real sense of having enough to feel comfortable and happy is more about understanding what’s important to you and then managing your finances accordingly. So just how much is enough for each one of us?

Rick Maggi

29 August 2017

Financial Planning, Financial Advice, FPA, Financial Planning Assoc, Goal Setting, Investing

DO YOU HAVE FINANCIAL SMARTS?

Rick Maggi

29 August 2017

Financial Planning, Financial Advice, FPA, Financial Planning Assoc, Goal Setting, Investing

When it comes to understanding important financial concepts, have you got your head around it all? Take our quiz to see if you’re a money master and plug any gaps in your knowledge...