Diaper Bag Essentials

A Diaper Bag is not only a bag, but a saviour for any mom. If you are new to being a mum or have been one for many years, there is always room for unpredicted issues. Having a stocked diaper bag ready to go at any time will relieve the stress of worrying if you have everything you need and allows you to focus on your bundle of joy more.

When it comes to packing a diaper bag, there are many considerations. You'll want to make sure you have the basics such as diapers, wipes, and hand sanitizer. But, what about more specific needs like formulas? What if you're headed to the beach or out for a hike? We're here to help with these 10 items that should be in your diaper bag all of the time:

Best cardio workouts for boxing

There are a number of factors that go into becoming an excellent boxer, such as agility, response time, and punching power. However, for many people, the most challenging aspect is physical strength. The more weight one can lift and press in various ways, the stronger one will be. One of the best ways to build strength is to do resistance training and cardio workouts. Cardio is the backbone of boxing, it's important to do a variety of different cardio workouts in order to keep your heart rate up with intervals and maintain stamina.

SMSFs can be a great way to grow and manage your retirement savings. The biggest advantage of an SMSF is the ability to invest in property and other assets that would otherwise be restricted for self-managed super funds.

An SMSF is not without its disadvantages, however. Setting up an SMSF may require you to get professional advice about the law and tax implications. You will also need someone with experience with superannuation administration to help you set it up and keep it running smoothly.

Can my SMSF loan money to me or my business

No, your SMSF cannot lend you or any of your relatives money. Making this type of loan must be avoided:

There are many misconceptions about SMSFs and one is that it's a way of providing financial assistance to some members or relatives. Section 65 of the SIS Act prohibits superannuation funds, including SMSFs, from providing financial assistance to members or their relatives.

What are the Benefits Of A SMSF

SMSFs are a low-cost, high-return investment option. They offer lower fees and higher returns than many super funds and bank accounts.

No minimum contributions are needed and they're easy to set up. The catch is that SMSFs are not as flexible as public or industry funds and cannot be accessed until retirement.

Can my SMSF loan money to my business?

What is an SMSF Loan Agreement?

SMSF stands for Self-Managed Super Fund. An SMSF Loan Agreement is a type of loan contract that is used when an individual wants to borrow money from their Superannuation Fund.

The SMSF Loan Agreement is a specific type of loan contract that is only available to the members of an SMSF. This agreement provides the borrower with access to their Superannuation Account for funding purposes and must be repaid with super contributions or by withdrawing from the account in later life.

An SMSF Loan Agreement allows a person to borrow funds from their Superannuation Account without paying any tax on it as long as they are over 60 years old - this means, they have reached Age Pension age.

Costs of running your own SMSF fund

The costs of running your own SMSF fund can vary dramatically depending on the size of the fund and a range of other factors. It’s also not easy to get an NDIS Loan using your SMSF

There are three types of accountants that can be used to manage your self-managed super fund:

1) Relevant Member – The accountant who is a member in the same professional organisation as you or has been a member for at least 5 years.

2) External Member – A person who is not a member in the same professional organisation as you but is otherwise eligible to act.

3) Non-member – A person who is not a member in the same professional organisation as you and does not qualify under any other category.