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 […]
Six out of the top 10 categories relate to just two things. Can you guess what they are, and could you be cutting back? As a nation, Aussies aged 18 and over spent approximately $145 billion on lifestyle costs over a 12-month period, with the average spend per person around $7,800, according to research1. While […]
Knowledge is power. The more you’re aware of how your mind works the more you can adjust your attitude towards money. Six cognitive biases that influence how we save, spend and invest money We like to think we’re rational beings. But the reality is that a lot of our daily behaviour is influenced by our […]
Saving money doesn’t just happen, but these steps could help you to reach your saving goals sooner. How Australians save Research has found that almost three quarters of Australians surveyed save by putting spare money into a savings account, whether they do this themselves or via an automatic transfer. Other popular savings methods include keeping […]
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 […]
If you set yourself money goals at the start of 2019, the upcoming new financial year is a great time to check if you’re on track. And if you didn’t set any goals – or if you have strayed off track – this is the perfect time to get organised, write a checklist and stick […]
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 […]
If presentation isn’t on point, many buyers keep looking, which is an important point to remember for those wanting to sell in the current market. When property prices boomed, buyers would look past the 1970s bathroom and the untidy garden, but with prices coming down, those looking to sell need to go the extra mile […]
It’s probably not the sexiest thing the two of you have on the to-do list but putting off talking about your financial expectations could see you butting heads. If you have been together for a while or are edging on making a big financial decision together, having the money talk could make a big difference […]
You may be keen to go wherever the wind takes you, or you might be a plan-to-the-hour type of traveller. There are benefits to both styles. Travellers often fall into two categories—the planned and the unplanned—and more than likely, you already know which of the two camps you belong to, or if you sit somewhere […]
