With costs of living on the rise and wage growth stagnating, it’s not hard to see why Australian households are increasingly feeling the pinch.i In fact, a recent Ubank survey revealed 59% of Aussies admit their current financial situation causes them stress or loss of sleep.ii Even in the oft-labelled ‘Lucky Country’, this is a worrying statistic. […]
Would you like to retire by 40?
Many younger Australians are joining the Financial Independence, Retire Early (FIRE) movement. Is it right for you? When you’re starting out in the workforce and building your career, retirement can seem like a long way away. And with the age at which you can access your super and age pension creeping up—not to mention the increasing cost of living—you […]
Time to review household debt
Fuelled by rising house prices and low interest rates, the level of personal debt in Australia is relatively high compared to many other countries.i The largest proportion of this debt is often used to purchase a valuable asset – the family home. With careful planning, you might be able to control your household debt and […]
How to spend more to save
The old saying “penny wise, pound foolish” couldn’t ring truer than in today’s throw-away world of overconsumption and excessive production of disposable items. Did you know that many manufacturers have been using techniques to deliberately reduce the life of a product to increase its replacement rate and sell you the same thing again? It’s called […]
2018 SMART Goals
Week 1 – Starting your plan and SMART goal setting Most of us have plans for the future. Maybe it’s a dream holiday, paying off our debt, retiring early, building up a share portfolio, running a marathon, or saving enough for a house deposit. Some of us will succeed but many of us won’t. One […]
How to have a budget friendly holiday this summer
Everyone loves saving a dollar or two, and one place it really pays to stretch your money further is on holidays. After all, the more cost-effective your holidays are, the more of them you can afford to have! If you’re still searching for a destination to escape to this summer, we’ve got some suggestions below […]
14 ways to save money this spring
Saving money is a good thing no matter what time of year it is, but if you’re yet to implement an approach that works, here are some ideas to kick off a new season. Leave your credit card at home It might sound like an obvious one, but taking out cash rather than a credit […]
Travel tips to help you spend less on your next holiday
It’s that time of year again when it feels as though everyone you know is escaping winter to head off across the world on a fabulous holiday (and sharing many photos to prove it). Whether you’re about to head off on a travelling adventure yourself, or your planning is still in the dreaming stage, take […]
Working after kids – is it worth it?
To work, or not to work? That is the question many Australian women (and some men) have to consider after having children. Sadly, both options can have long-term negative financial consequences. While it would seem obvious that not working is likely to set your bank balance back, going back to work can also be costly. […]
Shopping that’s good for you! How to shop around for better deals
The good news is, not all shopping is bad for us! I’m going to work through all the big-ticket items I think you should pay close attention to, so that you can try to find the best deals. Bank accounts Do you have a lot of bank accounts that don’t pay you interest and are […]