With Christmas just around the corner it's time to look at how we spend money. The end of October looms as the final date to put in that tax return to get a refund before the silly season begins. We look at what to do with our tax refund.
There is never a better time to introduce children to money. They say the really rich dynasties introduce their children to money at a very early age. While the poorer classes have a more "don’t tell the children" attitude. Studies have shown that when the younger members of our family understand money they have a more balance attitude to wealth later in life.
We also include some information on Estate Planning that will help your estate once you're gone and to make things easier for those you leave your Estate too.Remember a Will and adequate Life Insurance are the corner stone of Estate Planning.
Finally, we look at our favourite commentator Michael Collins from Fidelity who explains why the US Fed Reserve is timid on rates.
Hope you enjoy the October newsletter and please give me a call if you would like to review your Risk Insurance Portfolio or Mortgage Facilities.
Taurus Financial Services Pty Ltd is an Authorised Representative of Synchron AFS Licence #243313 and provides Financial Planning Services in respect of Shares, Managed Investments, Superannuation and Personal Risk Insurance. Synchron is only responsible for the services provided by your Adviser through Taurus Financial Services Pty Ltd. You may also receive services from Taurus Mortgage Services Pty Ltd for Mortgage Origination and Debt Re-Financing, and from Taurus Professional Services Pty Ltd in respect of Banking facilities, Taxation, Estate Planning and Migration Services. Taurus Accounting Services Pty Ltd in respect of Accounting and Taxation Services. Taurus Business Partners in respect of Accounting and Taxation Services. Taurus Migration Consultants Pty Ltd in respect of Migration Services and Hatch & Associates Pty Ltd in respect of Legal Services including Estate Planning and Conveyancing. Synchron is not responsible for advice provided by your Adviser through Taurus Mortgage Services Pty Ltd, Taurus Professional Services Pty Ltd, Taurus Accounting Services Pty Ltd, Taurus Business Partners, Taurus Migration Consultants Pty Ltd, Hatch & Associates Pty Ltd or any other company.