Family & Finances
If you decide to take the big step of starting a family, it’s wise to plan well in advance.
Due to the tendency of hospitals around Australia to employ junior doctors on short temporary contracts, many have missed out on paid parental leave.
Articles here will discuss financial issues to be aware of before starting a family. Writing a will and optimising life and income protection insurance become more important.
We will also cover financial management once you have kids, they can be expensive although that is almost entirely up to the decisions of the parents.
We will discuss teaching children about money, ensuring they are aware of their own privilege and do not grow up entitled.
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Reading a financial blog can be pretty overwhelming! It is unlikely you will take more than one two ideas and institute them immediately.
Ongoing exposure to tips and tricks over months and years means you can institute ideas one at a time that suit you.
Blog will keep you up to date with changes to the financial landscape, and represent ideas back to you at future times in your life when the changes may be more suitable.
Over team, these miniscule changes to your money management add up to significant changes to your savings rate and wealth accumulation.
Interns and complete beginners may wish to start with the intern crash course, which covers the essentials over 10 weeks.