The way to eliminate debt and become financially independent is to stay motivated. Plan out a way which suits your budget to continuously pay off your bills so it becomes a norm. Always keep a good momentum as to why you want to be debt free. I want to go overseas? I want to buy […]
Enjoy yourself without bringing home a mountain of high holiday debt. I do love a catchy new phrase, and this one made me laugh. “Debt lag” is a new one for me. It seems that as Chrissy approaches we plan a holiday, but don’t quite get around to saving for it. So some 2 million […]
If you’re experiencing financial crisis – if you’ve taken some hard knocks – then you’ll know how quickly things can spiral. We look at five ways you can take charge. Give me the main points Talk to a free government-funded Financial Counsellor. Get in touch with your bank ASAP – talk to their financial hardship […]
Working out a realistic budget is a great way to take control of your finances. Although it may seem like a chore, it’s the crux of sound – and sustainable – financial management. In this article we look at how to ‘do the numbers’. Give me the main points The principles of budgeting are simple […]
Money steps: Using the same approach to managing day-to-day money can be applied to long-term investments. It was Carrie Bradshaw, of Sex and the City fame, who said: ‘I like my money where I can see it – hanging in my closet.’ While that might sound trite, it’s not far from the truth for many […]
You’re probably fairly used to helping your family out with a little extra cash here and there. Whether it’s pocket money for doing chores, or money to pay phone bills, go see a movie or buy clothes, for example. But what happens when they put their hands out for help to buy the big ticket […]
Cashflow improvement in just eight simple steps Imagine feeling on top of your finances. Knowing you’re in a position to enjoy your life today, while also saving for tomorrow. If that sounds good to you, you’re not alone. In a recent survey, 54% Of Australians aged 55-64 strongly agreed they’d like that too. Yet, many […]
The Government has delivered the 2016/17 Federal Budget with significant changes to superannuation, taxation and retirement. This Federal Budget Summary was prepared by the ANZ Wealth team on 03 May 2016. Superannuation Reduction in concessional contributions cap 1 July 2017 The concessional contributions cap will reduce to $25,000 (from the current $30,000 cap for those […]
The cost of raising children rose 50 per cent from 2007 to 2012, outpacing growth in family income of 25 per cent over the same period.i The 2013 AMP.NATSEM Cost of raising kids report attributed much of the rise to education expenses, with food and recreation also eating into family savings. The lifetime cost of raising […]
