Australia is known for its high standard of living, but day-to-day costs are putting more pressure on household budgets. Between groceries, housing, transport, insurance, energy costs, and everyday bills, a surprising amount of money can disappear each week. In April…
As we approach 30 June, now is the ideal time to review your finances, superannuation and long-term goals to ensure you're making the most of the opportunities available before the end of the financial year. At Watson Wealth, our financial…
Estate planning might sound like something only wealthy people worry about, but almost everyone should think about what happens to their money and belongings after they die. If you have ever wondered what a testamentary trust is, this guide explains…
Moving into aged care is rarely an easy decision. It often happens after a fall, a diagnosis, a hospital stay, or a period of carer burnout. Families are then asked to make major emotional, financial and legal decisions in a…
When starting a family, most parents plan the nursery, book medical appointments, and organise parental leave. What often gets missed is the financial plan that supports the next 20-plus years of family life. Family financial planning is the process of…
When I turned 21, I didn’t have a wealth strategy. Like most young people, I had a part-time job, a few savings in the bank, and not much else. But my daughters—currently just 5 and 2 years old—are already on…
“You can have a plan, or you can cross your fingers and leave it to chance.” Over the next decade, Australian families will pass about $3.5 trillion to the next generation; within 20 years it’s $5.4 trillion. Roughly $120 billion…
Big changes are coming to aged care, affecting how support is accessed, funded, and delivered across Australia. Whether you're planning for your own future or helping a loved one navigate care options, it's essential to understand these aged care changes and…
As our population ages, you're likely hearing more about intergenerational wealth transfer—especially if you or your loved ones are preparing for it.
Our team at Elliot Watson Financial Planning have shared their top tips for the new financial year. If you are starting out, have a growing family, are planning for retirement or are retired, our advisors have shared their key insights…