Ever wonder where the money goes? 90% of Australian’s are stressed about money. What most don’t realize is that the quickest route to having more money is to simply be smarter with the money they have. The key is financial planning. Sadly, this subject doesn’t get much coverage in schools. Many of us don’t learn about money until it’s too late.…
Saving money seems impossible most days. If you change your mindset, however, start you can put some cash away for a big ticket item or a holiday. You will never be able to save a dollar if you are not setting yourself a budget which includes a small amount for your savings. It is just too easy to pay for…
In life, death and taxes are certain. For most people, rainy days are also becoming an absolute certainty. Even if you have a well-paying job or thriving business, you’d be totally unwise to skip saving for a rainy day. In fact, in a country where most people are living from paycheck to paycheck, creating a rainy day fund is extremely important.…
Building credit is simply part of life in Australia. While achieving a good credit score may seem difficult from the outset, once you learn a few tricks for improving your credit you’ll realize how much control you actually have over your finances. More importantly, it’s never too late to turn your credit rating around, even if you have a poor credit…
We have all purchased an item on impulse. We often justify it to ourselves later with excuses like you will never see that item on such a big sale or those shoes match the new dress I bought perfectly or even my child deserved a small treat, I have been dragging him around the shops the whole day. Impulse buying…
If you want to live a life free of the constant stress about money, you need to have a budget. A budget is a spending plan which helps you understand your real financial position and how much money you actually have to spend. Simply put, a budget breaks down your income vs. expenses so you can manage your spending and…
If no one taught you how to manage your money, it will be very easy to fall into a spiralling debt trap. The basics of managing your money according to Eric Ravenscraft: spend less than you earn, investing money is better than saving it under your mattress and planning will always be better than impulse buying. If you spend exactly…
When your budget does not allow for a holiday, how do you get away? The answer is planning and a bit of ingenuity. Sometimes just getting out for a day on the weekend can be enough to leave you feeling refreshed. However, do not fall into the spending trap weekends can create. Even though weekends are only a small portion…
Parents have the sometimes daunting responsibility of teaching their children how to manage money. At a young age, this usually involves saving pocket money to buy something they really want. Once kids understand the concept of money and saving, you can take it a step further and broach the subject of investment. It does not have to be overwhelming, it…
Are you in need of financial advice but don’t know who to turn to? Try these consensus best financial experts for your personal finance advice. Keyword(s): Financial Experts Personal finance is just that: personal. Everyone has different goals and different barriers to achieving them. But you don’t have to reinvent the wheel to reach your financial goals – no matter…
Are you having a hard time making headway on your principal and just paying interest? Here are 5 credit hack to lower your interest rates. Are you having trouble with interest? This might surprise you, but lowering interest rates is actually much easier than you think. While it takes some effort and a bit of persistence, you too can make your…
Would you like to take your money management on the go? Would you like cheap financial advice? Here are 5 apps that will show you how to save money. 5 Financial Apps that Will Show you How to Save Money Saving money isn’t easy. Whether finances just aren’t your forte or you’re just learning how to manage them on your…