Tag Archives: Abound Financial & Lifestyle Planning

Can refinancing my home loan save me money?

Posted on 01. Feb, 2020 by .

By replacing your home loan with a new one, you could take advantage of a better deal.  Even if you secured a competitive package when you first took out your home loan, it’s worth reviewing each yeari to make sure the interest rates, fees, features and terms & conditions continue to meet your needs. And with […]

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What is financial wellness?

Posted on 01. Jan, 2020 by .

How you feel, is your wellness. How you feel about your money is your financial wellness. This can be measured by the financial wellness index, which measures a person’s satisfaction with their current and future financial situation. Some days you might feel confident you can meet your needs within the boundaries of your current income, […]

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6 ways to reduce your credit card debt once and for all

Posted on 01. Dec, 2019 by .

Here are some tips to start paying off your debt $45 billion. That’s how much Australians owe on their credit cards.i Now, perhaps that’s no drama if we’re not paying too much to access credit and we’re managing to avoid interest charges by paying back what we owe on time. But we paid a collective […]

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Spending money in a cashless world

Posted on 01. Nov, 2019 by .

How the move to electronic payments could be making it easier to spend…and what to do about it. It’s Thursday morning and almost the end of the working week. You’re walking to the train station and you realise you’ve forgotten to top up your public transport card. No matter…a few clicks later and you’ve transferred […]

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Making the most of record-low interest rates

Posted on 01. Oct, 2019 by .

The Reserve Bank of Australia (RBA) took the cash rate to a record low of 1% in July, bringing mortgage rates to their lowest level in more than half a century. However, the low cash rate also means your money in the bank could be earning less interest. Why did the RBA cut rates? Rate […]

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Why saving is behaving

Posted on 01. Sep, 2019 by .

Did you know there are 293 ways to make change for a US dollar, but only 50 for an Australian dollar? Cashiers in America must have jumped for joy when debit cards became the rage. Is your bank taking you for a ride? We all have our own methods of saving money. Some are strict […]

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Planning Your Aged Care Needs

Posted on 09. Jul, 2019 by .

The wave of older Australians will continue to grow over the coming decades. As such, we can no longer afford to ignore the issues around aged care with over 1 million retirees already accessing aged care services in Australia. Planning ahead can help to demystify aged care and reduce stress levels. With awareness and pre-planning, […]

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Things to avoid as a newbie investor

Posted on 01. Jul, 2019 by .

Whatever your age, if you’re thinking of dabbling in investments like shares, managed funds or cryptocurrencies, here’s a list of common mistakes which are generally worth steering clear of. 1. Failing to plan When looking to invest, it’s generally wise to think about: – your current position and how much you can realistically afford to […]

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What kind of money parent are you?

Posted on 01. Jun, 2019 by .

Many parents approach the topic of money differently, but could your way of doing things influence your kids’ success? The majority of Aussie mums and dads recognise that they’re accountable when it comes to shaping their children’s perspective around money matters. A recent report published by the Financial Planning Association of Australia (FPA), revealed parents […]

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How to adult—a quick guide to personal finances in your 20s

Posted on 01. Apr, 2019 by .

Getting to grips with debt, budget and cash flow It’s a pity there’s no handy ‘How to’ book to teach you about adult life, especially when it comes to finances. It’s something that you need to learn on the job.  To make the task easier, here’s a breakdown of the three trickiest areas to get […]

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