MY BLOG

BY JULIE HYAM ELLIOTT

SUPER POWER - UNDERSTANDING IT

Women have 47% less in super than men (Source: 2014 report from The Association of Superannuation Funds of Australia). We need to close the gap. There are many reasons for the gap but the main ones are: Women earn on average 18% less than men so our super contributions are less Women spend less time in the workplace than men - only 34% of women aged between 35 and 44 work full time compared to 75% of men so we have fewer years to contribute Women work in lower paid jobs and

ACHIEVING FINANCIAL INDEPENDENCE

I am extremely passionate about ensuring all Women grow their financial understanding and thereby achieve a level of financial independence. What is financial understanding and why is it important? A definition I like is from the US Presidents Advisory Council on Financial Literacy - ”the ability to use knowledge and skills to manage financial resources for a lifetime of financial wellbeing”. This creates financial freedom and empowerment. It is distressing to me that the fas

THE MOST IMPORTANT RELATIONSHIP COULD BE WITH YOUR BANK

I spoke recently at our conference about the importance of your banking relationship = this is a crucial relationship whether it’s your personal or business finances. A number of people approached me about what I said so I wanted to expand on that topic here and will continue to expand in my next articles: 1 . Think beyond the Big 4 – there are well over 100 Banks and Credit Unions in Australia – some specialise but many can address your needs – be open minded and do your