If you’ve just been offered a new job, congratulations! You’ve probably got a lot to think about, but can we suggest you also spend some time considering your finances?
A new job is a fresh start. It can boost your career and provide new opportunities — but it can also be the motivator to reassess your finances and plan for the future.
Steps such as negotiating your salary and reviewing your super fund can have a significant impact on your income, both now and in retirement. And if you’ve received a bump in salary, it’s a great time to review your financial goals and saving strategies, so you can make the most of that increase.
To help you through the process, we’ve brought together financial resources and information — so your new job is as good for your finances as it is for your career.
Updating important documents and policies
Update your insurances - this is particularly important for life insurance.
Superannuation nominations - you may want to change your nominated beneficiaries list in your superannuation policy. You will need to contact your super fund directly to do this.
Think about consolidating your super to make it easier to manage and save on fees.
Find help and support
Seek financial advice - speak with a licensed financial adviser.