Young invincibles – the importance of insurance
Maddern Team
When you are young, healthy and just starting your working life the last thing on your mind is life insurance. In your 20s and 30s your financial focus is more likely to be on saving for a car, holidays, a home or the birth of a child. But failing to ...
Lessons from the ‘rich list’
Maddern Team
Most people who are intent on building their personal and business finances know there is no quick road to wealth. While some people dream about their lucky numbers finally being called, others are making every day count. Of course, not everyone can ...
Weighing up the cost of risk - insuring your business
Maddern Team
Running your own business can be rewarding, but there is also risk involved when you put your own money and reputation on the line. What would you do if your shop was destroyed by fire, a client sued over advice you gave, or your business was disrupt ...
Bankruptcy: Not the end of tax considerations
Maddern Team
With personal debt on the rise, many Australians are struggling with their finances. In most cases, a repayment plan can be worked out to get you back in the black. If that’s not feasible, another solution can be to declare bankruptcy, but this can ...
Is your money personality set in stone?
Maddern Team
Our upbringings hugely influence the attitudes we have towards money and our ‘money personality’. Did you observe your parents working hard to put food on the table? Was money a cause of conflict in your household? Was it spent freely, or ...
Making your budget stick
Maddern Team
With 86% of Australians saying they don’t know what they spent last month, it’s fair to say we aren’t great budgeters.i But in many cases, the problem isn’t writing a budget per se so much as it is sticking to it over the long term. The good ...
Millennials financial freedom
Maddern Team
Millennials are often accused of living for the present and wasting their money on smashed avocado. So it may come as a surprise that younger Australians are at the vanguard of a growing movement committed to the old-fashioned virtues of thrift and s ...
Maddern Financial Advisers - 2018 ifa Excellence Awards
Maddern Team
Maddern Financial Advisers are pleased to announce that we have been nominated for two awards in one of the financial industry’s most prestigious awards. As a local independent financial advising and accounting firm based in Melbourne we are in ...
A little adrenaline can be a good thing
Maddern Team
We all know what it feels like to be stressed. For most of us, it is a hallmark of our daily lives. While the word has very negative connotations, stress can actually drive us forward. That surge of adrenaline we get when tackling something out of ou ...
Super and inheritance: making your wishes known
Maddern Team
People often think their superannuation will be treated as part of their estate when they die and distributed according to their Will, but that’s not the case. Unless you have nominated your beneficiaries, the decision as to who receives your super ...