Financial Insights & Updates - January 2023
Welcome to the first issue of Financial Insights and Updates for 2023.
If you have yet to spend some time assessing your financial situation and making plans for 2023, it is still not too late because January is Financial Wellness Month. Financial wellness is a state of being in which you can fully meet your current and future financial obligations while feeling secure in your financial future and making choices that allow you to enjoy life. It is critical because it can help lower your stress levels. Stress related to money can affect every aspect of your life. Financial wellness can help you in the long run. If you're focused on financial wellness, you're also working on your long-term goals and, as a result, you are likely to enjoy both your present and your future more.
Our article ‘If you think it’s been a tough few years, you’re not wrong’ and the report linked in it will provide you with some interesting information and statistics on Financial Wellness in Australia.
Other interesting articles this month include 'Australia surges up retirement security ranks' and ‘Making the most of your super limits’ which provide some interesting reading. As usual, feel free to forward our articles on to friends or family whom you think they might be relevant for.
In signing off, please remember that we are always available to answer any questions or queries you may have and to come speak with us before making any major investment decisions.
Warm regards,
The Team at Nixon Financial Services Pty Ltd
