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After the Australian household debt and east coast housing booms
Why it pays to contribute to your partner's super
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Australia by numbers – Update
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Federal Budget 2018 – Overview
Your Budget
4 components of our 2018 Federal Budget
Bitcoin – is it really for you?
Spread your money, reduce risk
Love and money? It’s not about control
The pullback in shares - seven reasons not to be too concerned
Australia. All you need to know to be the expert.
Australian’s love affair with debt - how big is the risk?
5 ways to keep a cool head in a falling share market
2018 – a list of lists regarding the macro investment outlook
Sports lovers enjoy better financial fitness
Where Australia is at. Our leading indicators.
The year that was and the year ahead
Add some extra cash to your New Year
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Will Australian house prices crash?
Where are we in the global investment cycle and what's the risk of a 1987 style crash?
Money steps for women
Resources on our site to help you, your family and your friends.
Australian Dietary Guidelines and healthy eating chart (PDF)
How to retire, your way
Prepare for retirement without missing out today
Be the boss of your cash
The Australian economy bounces back again
Should you lend money to family?
Money mistakes people make in their 50s and 60s
Australian Dietary Guidelines and healthy eating chart (PDF)
Powerful Budgeting, cash flow and Super Tools available on our site.
5 ways Australians will use their tax return this year
Australia's leading causes of death - ABS
The threat of war with North Korea
Six traits of Australians living the dream
The break higher in the Australian dollar is likely to be limited
Money can buy you happiness, you’re just spending it wrong
Key Economic Indicators, 2017 – updated
Helping your kids buy a home
It pays to contribute to your partner's super
How to cope with losing independence
Transition to retirement income streams
The Australian economy hits another rough patch
Watch out for tax scams
The three core pillars of this year's budget
Federal Budget - 2017-18 - Overview
Federal Budget - 2017-18 - Budget documents
Make the most of the current super caps
Five, four, three… it’s not too late to get more in super
Super changes are coming
What’s your debt age?
Australian cash rate on hold
Super changes this financial year - Dr Shane Oliver - video
The door is closing on super’s current caps
Is Donald Trump's honeymoon with investors over?
Estate planning and why you need a super plan
What does a comfortable retirement look like?
Give your career a health check
Super changes from July 2017
Changes to the Age Pension assets test
Keep your money safe over the silly season
Looking ahead at 2017
Review of 2016, outlook for 2017 - looking better despite the political noise
54.2 million worries
Five tips for happy healthy ageing
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Sending more to the tax office than you should?
Government pulls back on proposed changes to super
Market Update - What to consider when investing in a low return world
Stop!! Don't do a paper Budget, use our online budgeting tools instead.
Oliver's Insight - Megatrends
Value of Advice
A growing family doesn't have to blow the budget
Blinded by optimism
Thinking about managing your own super?
Brexit and other key developments
Brexit wins
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Five money habits for a happy financial year
2016-17 Federal Budget - AMP
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How (and why) to talk to your adult children about insurance
Procrastination: Just do it. Eventually.
Why Australian property won't collapse
The demand for global infrastructure
Help achieve your investment goals with dynamic asset allocation
The Power of Budgeting
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A Super Loan for all reasons
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Australian Government - Budget 2015
Budget 2015 - some professional opinions
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Should I take my super as a lump sum or not?
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To sell or not to sell?
Saving in a material world
The year that was and the year ahead

Five questions to ask yourself.



         


 


Reflecting on the year that was …


1. What did you spend your time on in 2017?
We all have 24 hours in a day so how you spend those hours will show up in what you achieve. Reflecting on the activities you spend your time on can also be a good indication of where your passion and values lie. If you find that you're wasting time on things you don't really value, find a way to be spend more time on the things you do. 


Tip
Make time in your day to take a break. Studies show that while you're daydreaming your brain continues to solve problems—those lightbulb moments that seem to come out of nowhere are usually the product of unconscious thinking during downtime.1 Raising your mind out of your daily grind can make you feel happier, helps you process the learnings from your mistakes, generates good ideas and can put things into perspective.


2. Who did you spend the most time with?
You're most influenced by the five people you spend the most time with – colleagues, family, friends etc. Are you hanging out with people who inspire you, make you feel good, have values similar to yours? 


Tip
Remember to be grateful for the important people in your life and continue to make time for them. If you weren’t happy with your answer above try to include some inspiring people in your circle. And seek out others or interactions that will inspire you.


3. What did you do well?
It’s important to acknowledge your successes. There’s nothing more satisfying than achieving a goal or doing something really well. Acknowledging your achievements also builds confidence that you can keep on achieving. 


Tip
Celebrate the wins—reflect on all the good things you have done, the small and the large.


4. Would you do anything differently?
There’s nothing like retrospect for wise insights. Would you have done things differently if you had your time over? Everyone makes mistakes, and as the saying goes, wise people learn from them. Is there something you could do differently? Can you take a new approach to an old problem? 


The year ahead …


5. What are your goals this year?
Many of us start the year with good intentions but it’s not always easy to stay motivated, and sometimes events out of your control can take you off course. 


Think about what’s achievable. Have your goals changed since last year? What do you need to do to make them happen? What things can you stop, start or continue? 


Often, the act of writing down your goals helps you get clear about what you want, and the tracking of your goals helps you to stay motivated. It’s like making a public commitment. Put your goals somewhere you’ll see them every day as a reminder. It also helps to share your goals with someone and regularly let them know how you’re tracking.


Tips


  • One way to help you reflect and stay motivated is to write a letter to your future self about where you’re at and where you’d like to be in a year’s time. Using www.futureme.org you can have it emailed to yourself 1 January 2019.
  • Break down some of the bigger goals down into smaller achievable steps.


and, a sneaky sixth question …


What word describes how you want 2018 to look?
Our word is help. 


Helping more people achieve goals that are important to them. 


 


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1 https://www.scientificamerican.com/article/mental-downtime/ 


Although this information is from sources considered reliable, we do not guarantee that it is accurate or complete. You should not rely upon it and should seek qualified advice before making any investment decision. Except where liability under any statute cannot be excluded, we do not accept any liability (whether under contract, tort or otherwise) for any resulting loss or damage of the reader or any other person. 


Republished January 2018


 


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