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![Redirecting Instant Gratification Urges for Wealth Building](https://sites.championit.com.au/wp-content/uploads/2024/07/A-person-sitting-on-a-bench-holding-a-cup.jpg)
Redirecting Instant Gratification Urges for Wealth Building
Imagine turning your $50 weekly impulse buys into a $39,000 nest egg. Sounds impossible? It's not. By redirecting just $2,600 a year – the cost of those small, often forgettable purchases – into smart investments, you could be setting yourself up for a significantly wealthier future. This article explores how to transform your spending habits and harness the power of compound interest, turning fleeting pleasures into long-term financial success. Discover practical strategies to curb impulsive spending and learn where to invest for maximum growth. Your future self will thank you for every dollar saved and wisely invested today.
![Common Financial Mistakes to Avoid During Divorce](https://sites.championit.com.au/wp-content/uploads/2024/07/hands-and-wedding-ring.jpg)
Common Financial Mistakes to Avoid During Divorce
Divorce is often an emotionally charged and challenging experience that can have far-reaching consequences on your financial well-being. While it's natural to feel overwhelmed during this difficult time, it's crucial to approach financial decisions with clarity and foresight. In this article we discuss some of the most common financial mistakes people make during divorce and how to avoid them.
![Key Superannuation Changes for 2024/25 Financial Year](https://sites.championit.com.au/wp-content/uploads/2024/07/nest-egg-coins.jpeg)
Key Superannuation Changes for 2024/25 Financial Year
Happy New Financial Year! Australia's superannuation system will see several changes in the 2024/25 financial year. The Superannuation Guarantee rate will increase to 11.5%, and both concessional and non-concessional contribution caps will rise. Some proposed changes, such as superannuation on paid parental leave and modifications to tax rates for high balances, are under consideration. Understanding these updates is important for effective financial planning.
![Investment Review and Rebalancing for the New Financial Year](https://sites.championit.com.au/wp-content/uploads/2024/06/investment-scale-on-sticky-note.jpg)
Investment Review and Rebalancing for the New Financial Year
Explore the importance of reviewing and rebalancing your investment portfolio to align with your financial goals and risk tolerance and prepare for the upcoming financial year with confidence.