2018-19 TIPS Summer Newsletter

Yenbase Pty Ltd ABN 52 060 138 427 trading as TIPS Financial Services is a Corporate authorised representative of Charter Financial Planning Limited ABN 35 002 976 294, Australian Financial Services Licensee Licence number 234665 If you no longer wish to receive direct marketing from us you may opt out by calling us on the phone number under our contact details.You may still receive direct marketing from AMP as product issuer, bringing to your attention products, offerings or other information that may be relevant to you. If you no longer wish to receive this information you may opt out by contacting AMP on 1300 157 173.This document contains general advice only. You need to consider with your financial planner, your investment objectives, financial situation and your particular needs prior to making any strategy or products decision.

End of another school year! Now time to relax… To say this year has been busy would be an understatement. Busy is apparently having a great deal to do, but we know we also need to give ourselves permission to enjoy ourselves as we start the Christmas period. This newsletter focuses on a few areas of cashflow which provide financial stress for loved ones directly impacting on other areas of their life. However, we know having some mindfulness in this area, can lead to time spent into other enjoyable areas of your life. How to spend more mindfully this Christmas - For some people Boxing Day is a time to hit the shops, for others it is watching the cricket and eating leftovers! Having some foresight can help make this time of year an enjoyable one, spending quality time with family and friends, without adding credit card debt. Please take the time to be mindful, and perhaps helping others will make a more enjoyable time for all Who to talk to and who to avoid! - Now each family has their unique characters and for some it is knowing what you are in for! This article has the scrooge, the gambler through to mentor. Perhaps you can have some fun thinking who’s who in your family? Household spending – What are the three biggest contributors to household spending? We think we know, but the ABS has now identified that we are spending more on the basics. We are now having more conversations about money management, because counting your pennies and automating your cashflow takes away the stress. For our retirees it is making informed decisions about where they will be in 15-20 years, by having an eye on the future. Forewarned is forearmed, and then you can ensure you live life on your terms, rather than saving and worrying about money.

TIPS Financial Services9 Roberts Street West Osborne Park WA 6017 PO Box 1493 Osborne Park WA 6916P 08 6465 5400 F 08 6465 5499 E info@tipsfs.com.au W www.tipsfs.com.au