A true story and a powerful lesson

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facebook-Linked_Image___powerful lessonMost people understand the need for car insurance, home and contents insurance and probably even health insurance. But when it comes to life insurance, it’s more difficult to picture yourself actually needing cover. We just don’t want to think about something bad happening to us or to our loved ones!

Part of my job, as a financial adviser, is to help people understand the reasons why the different types of life ...

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Take control of your own destiny – don’t wait for the Government to tell you what’s best for you

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facebook-Linked_Image___sydney-rae-408416-unsplashYou’ve probably heard that one of the changes announced in the Federal Budget was around insurance inside super. Almost all group superannuation accounts (that is, industry super funds and the superannuation products offered by the banks and other large financial institutions) come with an automatic level of life insurance and TPD cover. Some also provide some income protection insurance. The premiums for this insurance are paid directly from the balance of ...

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Why skipping your annual review could cost you big time

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Annual Review 1The other day I met with a client for her annual review. Let’s call her Justine. Here is her story in a nutshell:

Ten years ago, Justine was newly divorced and raising two teenage boys. She had no assets to her name and knew she would need to go into serious debt to keep a roof over her boys’ heads.

Six years ago, I met Justine for the first time. She ...

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Six life lessons I’ve learned since being a financial adviser

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shutterstock_738695398Becoming a financial adviser has been one of the best things I’ve ever done. Not only have I been able to help others to chase their dreams and live their best lives, I’ve also personally gained a lot. As the saying goes, when you do what you love you never work a day in your life.

It’s six years since I started Monarch Advisory group, so I thought I’d celebrate by sharing ...

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What are you really buying when you get insurance online?

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What are you buyingYou’ve probably seen me post before about the risks of buying insurance online. But I wanted to delve a bit deeper into this issue because it seems many people have misconceptions about getting life insurance advice.

Here are some of the myths I come across regularly about online insurance and financial advice…

“Online insurance is cheaper!”

False. An insurance policy that you buy direct from the insurer (either online or over ...

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How will you mark your milestones this year?

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MilestonesCan you believe it’s 2018? Actually, 2018 is nearly a month down, which is even scarier. I’ve talked before about how the first month of a new year can prompt people to book in to get their finances sorted out asap. But it turns out that major milestones are actually the main reason people take out life insurance.

It’s true. Research* shows that the five life events that most commonly lead to ...

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Not everything that counts can be counted

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friendshipsSome of you may have seen my recent post about the great feeling I got writing out Christmas cards for my clients last week. I am truly grateful to them for their support, but also for letting me into their lives.

Let’s face it, when people think about the role of a financial adviser, they assume it’s a job for people who are good with numbers and money. And yes, that’s part ...

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Are you self-employed? You might be putting your family at risk!

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Self employedI read an article recently that said of all people in the workforce tradies are among the most likely to need life insurance but also least likely to have any cover in place. It got me thinking that there are actually a lot of people out there in a similar boat – I’m talking about people who are self-employed.

Don’t get me wrong, being your own boss can be a ...

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You don’t need to be a financial expert to need a financial adviser

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Ask questions 2When I meet clients for the first time I often hear them apologise for their lack of knowledge about all things financial. They say things like: “I think I should be a high growth investor but I don’t really understand what that means,” or “I think we have insurance in our super but I don’t know what it covers,” or even something as simple as, “I know I should ...

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The Seven Year Itch…

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Wedding 2Today marks seven years since Rob and I tied the knot. Seven years!! Aside from ‘Congratulations!’, there’s another phrase we’ve been hearing when we tell people about our anniversary: ‘The seven year itch!’

Apparently there’s something about seven years in the same situation that makes people suddenly realise they want to change. Just to reassure you all, this is not the case for Rob and I, but I have seen clients ...

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