Hashtag: #CarlaSeelyColumns

Column: Credit Card Debt Getting Out Of Control?

Column: Credit Card Debt Getting Out Of Control?

[Written by Carla Seely] I think I speak for most people when I say that at some point in our life we put something on our credit card and didn’t pay it off in full, leading to a vicious circle of recurring payments and mounting interest on the balance! Most of us get “stung” once and learn the lesson of how to use a credit card sensibly, but... Read more of this article

Carla Seely Column: Halfway Through The Year

Carla Seely Column: Halfway Through The Year

[Written by Carla Seely] In our home, July marks our ‘check-in’ chats: discussions on any travel plans for the remainder of the year, whether we should upgrade any furniture or get a newer car, and so on. But our biggest and sometimes most ‘heated’ chat is regarding the semi-annual review of our finances and update of our ‘net worth statement’. Let’s... Read more of this article

Column: Planning For Your Child’s Education

Column: Planning For Your Child’s Education

[Written by Carla Seely] As parents, you want to make sure your children have the best education possible, yet the cost of schooling and university can be extremely high. The money that you spend on your children’s education can be one of your largest lifetime expenses, so saving early is key. Starting to save early will enable you and your child... Read more of this article

Column: Can You Ever Plan For Unexpected?

Column: Can You Ever Plan For Unexpected?

[Written by Carla Seely] Murphy’s Law – can you ever really plan for the unexpected? I am not superstitious but I certainly take note of patterns and trends, whether it is “Things always happen in threes” or “It’s Murphy’s Law” – meaning anything that can go wrong will go wrong. One thing I have discovered over the course of my life... Read more of this article

Column: What Is Your Behavioural Finance?

Column: What Is Your Behavioural Finance?

[Written by Carla Seely] One thing I have learned during the course of my eighteen years in the financial industry is that a person’s view on money is like a fingerprint; no two views are exactly the same. They may have similar values, they may invest using similar methods but everyone treats money slightly differently from the next person. The question... Read more of this article

Column: Deciphering Investment Risk & Reward

Column: Deciphering Investment Risk & Reward

[Written by Carla Seely] Over the course of my 18-year career in the financial services industry I have met many investors and based on our conversations, I can confidently state that only about half of them actually know what they have invested in. However, what is even more alarming is, their incomplete understanding of the risks associated with... Read more of this article

Carla Seely Column: Think Before You Give

Carla Seely Column: Think Before You Give

[Written by Carla Seely] Think before you give: Four situations where you may not want to split everything evenly among children During my childhood, the holiday season was the main time my relatives gathered together, both immediate and extended family. Most times it was at my nanna’s house with all my cousins – sixteen of us squeezed around two... Read more of this article

Column: Eight Habits Of A Wealthy Person

Column: Eight Habits Of A Wealthy Person

[Written by Carla Seely] Lots of articles are being written that clearly show the rich are getting richer. They also describe how the middle class [meaning the majority of us] are working harder and longer than we did a decade ago but, ironically, have less disposable monthly income. There is an ever-expanding gap between the wealthy and the middle... Read more of this article

Carla Seely Column: CFO Of Home Operations

Carla Seely Column: CFO Of Home Operations

[Written by Carla Seely] In every family, one of the most important discussions is to appoint someone to take charge of the family finances. Whether it is yourself or your partner doesn’t really matter – whoever takes on the role recognizes that the financial stress will be a constant challenge and they have to take responsibility for navigating... Read more of this article

Carla Seely Column: Are You A Risk Taker?

Carla Seely Column: Are You A Risk Taker?

[Written by Carla Seely] Speak to anyone who has decided to go it alone and open a business, and you’ll discover that they understand the term “risk”. My 98-year-old grandfather is one of those people. During his thirties, he opened a business from his backyard, and whenever I have spoken to him about it, he has always been honest: there... Read more of this article

Carla Seely Column: The Cost Of Living Longer

Carla Seely Column: The Cost Of Living Longer

[Written by Carla Seely] Ask yourself a question – If a scientist could create a pill that allowed you to live another 10 to 20 years, extending your lifespan to between 110 and 115 years, would you take it? Well, I can certainly answer that question: Definitely not! It doesn’t matter whether the quality of life is there or not, financially I couldn’t... Read more of this article

Column: Is It Time To Start Downsizing?

Column: Is It Time To Start Downsizing?

[Written by Carla Seely] Imagine that glorious day when your children have grown into adults and the “Bank of Mum and Dad“ has finally closed for good. Now imagine your house is free of clutter, you have a nice healthy balance in your pension and investments and, most importantly, you just handed in your notice at work because you are ready to... Read more of this article

Column: Plan On Leaving An Inheritance?

Column: Plan On Leaving An Inheritance?

[Written by Carla Seely] Leaving an inheritance or a legacy for the next generation is definitely a personal choice and there is no right or wrong answer to it. Giving an inheritance can mean sacrificing your today for someone else’s tomorrow. If you talk to the elderly, you will hear that the focus was always on making the next generation more... Read more of this article