Fortuna Financial

It was the overwhelming silence that hit Judy, the first time she visited her family home after her mother’s passing, and with that thought, the slow, deepening realisation that she was going to have to cope with a lot more than the heart-breaking grief.

Avoid an inheritance headache It was the overwhelming silence that hit Judy, the first time she visited her family home after her mother’s passing, and with that thought, the slow, deepening realisation that she was going to have to cope with a lot more than the heart-breaking grief.As she sat alone, surrounded by the possessi...

Now and then, Jodi borrowed $100 from her parents. She’s good for it, and always paid it back, but her situation was not uncommon.

You can break the pay-to-pay cycle Now and then, Jodi borrowed $100 from her parents. She’s good for it, and always paid it back, but her situation was not uncommon.5.9 million Australians live pay-to-pay. A study by Deloitte between November 2021 and January 2022, surveyed over 14,000 Millennials (born 1983 – 1994) and Gen Zs (b...

The new financial year provides an opportunity for a fresh start for your finances. Make this the financial year you get on top of yours… for good!

6 Steps to a Happy New Financial Year The new financial year provides an opportunity for a fresh start for your finances. Make this the financial year you get on top of yours… for good!We’ve broken it down into six bite-sized, manageable steps for you to tackle over six months, because real change takes time!The below is a suggested...

If you’re the eldest sibling in the family, or deemed to be the “most responsible”; if you’re seen to be a good friend by someone; or a fine upstanding citizen by others, chances are you will be asked to be an executor of someone’s Will.

To be or not to be the Executor If you’re the eldest sibling in the family, or deemed to be the “most responsible”; if you’re seen to be a good friend by someone; or a fine upstanding citizen by others, chances are you will be asked to be an executor of someone’s Will.After you’ve enjoyed the warm feeling of being want...

To stem its then soaring population growth rate, which was widely believed to be crippling economic development, China introduced the draconian ‘one child policy’ in 1979 – a move now seen as directly lifting 150 million people out of poverty.

Will a ‘baby bust’ send Australia broke? To stem its then soaring population growth rate, which was widely believed to be crippling economic development, China introduced the draconian ‘one child policy’ in 1979 – a move now seen as directly lifting 150 million people out of poverty.The policy focused global attention on fertility ra...

It’s intriguing that younger women – known as Next Generation Investors aged 18 – 25 – are taking up stock portfolios. Their goals include saving for a holiday (50%) or paying down existing debt (34%).

The female investor Investment and portfolio building has traditionally been a male-dominated world, but these days more women are trading on the market – and they’re good at it! According to an ASX Australian Investor Study completed in 2020, women make up 42% of Australian investors, yet 45% of those only began i...

While we understand banks charge interest on their home loans, exactly what determines the rate? Should we be worried that interest rates will spike higher in the years ahead?

For most people, it’s all a bit of a puzzle.

Interest Rates 101 While we understand banks charge interest on their home loans, exactly what determines the rate? Should we be worried that interest rates will spike higher in the years ahead?For most people, it's all a bit of a puzzle.Traditionally, the Reserve Bank of Australia (RBA) is tasked with the responsibil...

Home loans, credit cards, car loans and personal loans all contribute to financial pressure. One and a half million Australian households are currently under mortgage stress, so if you feel overwhelmed by debt, then rest assured you’re not alone.

But with dedication and a smart strategy, you can quickly get your cash flow back in the black.

Six Steps to a Successful Debt Master Plan Australian households are the fifth most indebted in the world, according to data from the OECD. A typical family with disposable income of $100,000 has an average debt of approximately $210,000. And with rising interest rates and rampant inflation, the cost of living will only continue to escalate....

If you have had different jobs with different employers over your working career you will probably have superannuation accounts in many different funds.

Get your super together and save If you have had different jobs with different employers over your working career you will probably have superannuation accounts in many different funds. Apart from the time it takes to keep track of these accounts, there are three more serious concerns of which you should be aware.

Ignoring all of the politicising of climate change and carbon emissions, have you ever actually wondered what a carbon footprint is?

What is your carbon footprint? Ignoring all of the politicising of climate change and carbon emissions, have you ever actually wondered what a carbon footprint is?A simple explanation. Human activity is increasing atmospheric levels of known greenhouse gases such as carbon dioxide and methane. These form a blanket around the eart...