“How dumb are we not to have insurance?!”

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I have a friend, let’s call him John, whom I have known for over 20 years. John is in his late 40s, married (to a woman in her mid-40s who we’ll call Jane) and they have 3 kids (2 of whom are dependant). John and I used to work together in Brisbane and over the past two decades we’ve had what I’d describe as intermittent contact.

As most people are, John and Jane are always busy, running around, working hard (they ...

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All my plans and ambitions disappeared in a matter of minutes

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Erin Benjamin had just celebrated her 30th birthday. She was working in a fast-paced, high profile job in financial services and recently married with plans to start a family. Then Erin had a stroke.

“All of my plans and ambitions disappeared in a matter of minutes,” says Erin. “My work, my possibility of becoming a mother and my ability to do three of my favourite things – run, read and write – were gone, without any clear idea of what I ...

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You don’t need insurance until you do

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You might remember that last month one of my tips for what to do with your money during the Covid-19 crisis was NOT to cancel your insurance (if you want to re-read that blog, click here). Well, this month I wanted to reiterate that message by sharing just how close one of my clients came to making this mistake.

The client (we’ll call her Jane) was a woman in her fifties who had held cover for quite some time. However, ...

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What to do with your money in a corona-crisis

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Are you like me and suffering from serious information overload at the moment? It seems like everyone you speak to has an opinion about how quickly things will return to ‘normal’, what the economic impact is going to be long-term, and whether you should invest in a lifetime’s supply of toilet paper.

Let’s face it – none of us have been through anything like this before. So no-one is going to have all the answers. But what you can do is ...

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Physical health is only one half of the battle

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I have a confession to make – I had a very different blog planned for this month. But in a matter of weeks, the world has completely changed. We are all facing into an unprecedented challenge, which is not just a threat to our physical health, but also our mental health and happiness.

It’s never been more important to acknowledge the effect stress and social isolation can have on our mental state.

With that in mind, I’ve put together some ideas for ...

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Working together to help women retire with more

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With International Women’s Day just around the corner, I thought it was a good time to talk about the financial challenges that many women experience.

You’ve probably heard the statistics about how Aussie women retire with half the super savings of men. But this is only part of the story.

Yes, women are also more likely to live longer than men, and often retire earlier than men. Which means there is a serious risk that women will outlive their retirement savings and ...

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What’s the scariest thing you can imagine?

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Welcome to a new year and a new decade! One of the things the Monarch team particularly looks forward to each new year is seeing how our clients have progressed along their financial journey. Life is always throwing surprises at us – some good, some not so good – but when you have a solid financial plan in place, you don’t have to be worried about what the future may bring.

Which brings me to the topic of our first blog ...

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How do you ask an expert when you don’t know where to find one?

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When it comes to your finances, we often talk about the importance of asking an expert – a financial adviser. But how do you find one? And how do you measure their expertise?

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By far the best place to start looking for a financial adviser is by asking your friends and family. If someone has a great experience with a product, shop or service, they’ll be only too happy to refer you to it. The same definitely goes for financial advice.

You ...

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What are you paying for?

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You might have noticed there have been a few reports in the media (again) about life insurance commissions. As you know, I’m extremely proud of the work the Monarch team does and firmly believe in the role financial advice plays in helping people secure their financial future. Which is why I felt it was important to outline just some of the ways we add value to our clients…

What we do – Build a strategy

Our role is not simply to get ...

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Not all habits need to be broken

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Do you have any bad habits? Things you do all the time but wish you didn’t? What about something your partner does that really annoys you? We tend to view habits as negative – something to be broken – and along with that goes the guilt and frustration when we can’t quit our bad habits.

But what about good habits?

We recently got the whole Monarch team together for a professional development session and the topic was ‘Improvement as Habit’. As facilitator, ...

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