Tag Archives: Money Management

How to budget as interest rates rise

Posted on 01. Aug, 2022 by .

So…the era of rock bottom interest rates is finally coming to an end. The Reserve Bank of Australia’s (RBA) decision on 3 May to raise the official cash rate by 0.25% to 0.35% is the first increase since late 2010. With Australia one of the most highly leveraged countries in the worldi and the average mortgage […]

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Living costs for retirees rise at fastest pace in 10 years

Posted on 01. Apr, 2022 by .

Australian retirees generally need a certain budget each year to live a modest or comfortable lifestyle, and industry figures recently revealed the highest annual increase in those budgets since 2010i. The Association of Superannuation Funds of Australia (ASFA) put that increase, in part, down to a range of unavoidable price hikes on things such as […]

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Budget smarter with the 50/20/30 rule

Posted on 01. Mar, 2022 by .

New to budgeting? You may know how much money you make and have a rough idea of how much you spend. But do you know what you’re actually spending it on, or if your spending patterns will benefit you in the long run? The good news is, you don’t need complicated spreadsheets and formulas to […]

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What you should know about creating your will and estate plan

Posted on 01. Dec, 2021 by .

If you want to protect your family and assets, it’s worth documenting what you’d like to happen if you can’t make your own decisions later in life or if you pass away. If you’ve got people in your life who you love and assets you’d like to be distributed in a certain way, you might […]

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The new COVID-19 relief schemes explained

Posted on 01. Sep, 2021 by .

As we navigate more COVID-19 lockdowns across Australia, here’s a guide to the main benefits you may be entitled to from the government, state by state. With new COVID-19 lockdowns, and an increasing number of cases it’s understandable if Aussies are feeling overwhelmed. On top of that, concern about their finances can just add to […]

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How to review your direct debits and save

Posted on 01. Feb, 2021 by .

Direct debits can be extremely convenient and even save you money. But they can become costly – and may even send you into debt – when you lose track of your automated payments. Conduct regular reviews to keep on top of your direct debits. Here’s how. Type ‘direct debit’ into your internet search engine and […]

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Ways to help reduce your debts before you retire

Posted on 01. Dec, 2020 by .

As your working life draws to a close, your social life and recreational activities don’t have to. If you’re anxious about money still owing, here are some helpful hints. Ahh retirement! You may have been dreaming about it for decades. You see yourself hanging up the work boots, putting away the laptop, swinging in a […]

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How to identify (and beat) your spending triggers

Posted on 01. Nov, 2020 by .

Are you buying more to perk yourself up? You aren’t alone. Since the start of COVID-19, there’s been an increase in online shoppingi. But, if you want to get a handle on your add-to-cart habit, understanding why you spend money can help bring your purchasing patterns in line with your financial goals. We often talk […]

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Ways to use your tax refund for a stronger financial future

Posted on 01. Sep, 2020 by .

Not sure what to do with your tax refund? Strategic financial decisions for your tax return begin with a strong plan.  Whether you breeze through tax time or dread the extra admin, receiving a tax refund makes the effort worthwhile. For many of us, getting a financial boost will be even more welcome this year, […]

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Protect yourself from COVID-19 related scams

Posted on 01. Aug, 2020 by .

Aside from the shutdowns, job losses and restrictions, there’s been another worrying element to the COVID-19 (coronavirus) pandemic – scammers are zeroing in on the changes to our financial interactions and shopping habits to take advantage of people across Australia.  Government website Scamwatch.gov.au reports that it’s received reports of over 2700 COVID-19 related scams – […]

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