Search Results for: saving
Your Life
The financial squeeze on most Australian families from higher interest rates and inflation is leading to a great focus on managing the household budget better. New research from Compare the Market has found that saving money is the top New Year’s resolution for Australians ahead of the new year… which is only the end of… Read more »
Your Money
Australian household savings rates have reached lows not seen for more than 15 years. Australians built a huge savings war chest during COVID (lockdowns prevented us going out and spending) which has helped us fight inflation and rising mortgage repayments. We’ve dipped into our savings to cover the cost increases and still maintain our spending.… Read more »
Your Money
Yes, loan interest rates are going up, but so is interest paid on savings accounts. Granted many banks haven’t lifted savings rates at the same pace as loan rates, but many have. I was stunned by a survey from research group Finder which found more than 1 in 2 Aussies (53 per cent) are still… Read more »
News
The big four are always quick to raise their home loan rates, but really drag their feet to reward savers. Here’s where to find the best savings rates. All of the big four banks have hiked their variable home loan rates by 0.5 per cent after the latest RBA increase, but not all their savers… Read more »
Your Life
Kids’ savings accounts are generally horrible when it comes to features and returns – but some are better than others. As a father of four adult children and eight grandchildren, I’ve always been interested in kids’ savings accounts. Libby and I have always tried to instil good savings habits (with mixed success) into our kids… Read more »
Your Money
Which savings strategies are you currently using? None? It’s definitely time for a rethink! By Tim Whitehead It’s three days before pay day and the only things left in your wallet are a couple of faded receipt stubs and a crumpled coffee rewards card, three stamps short of a freebie. You check your bank account… Read more »
Your Money
Reckon you can’t save $10,000 this year? This 52-week savings challenge knows you can. There are so many reasons to save $10,000 by the end of the year. You might be saving towards your first home deposit, paying off a debt, going on a holiday, growing your super balance, or even taking your first leap… Read more »
Your Money
There are a million and one excuses for not saving and every single one of them is bogus. You *can* save every month and here’s how. By Daniella Doughan Can’t save money this month? I’m calling bullshit. Saving is a habit you need to get into right now. Even though you might have to ditch other… Read more »
Your Money
You’re filing in your home loan application (congrats, BTW), but the request for genuine and non-genuine savings has you stumped. Since when were savings not real savings? When filling out your home loan application, one of the most crucial aspects that your provider will request will be proof of the amount of money you have… Read more »
Your Money
If you find savings plans impossible to stick to, you haven’t tried trickle method saving. It will work for even the least engaged saver. For some, saving is easier than others, so it’s about finding the balance in your life that works for you. Some people are comfortable saving huge chunks of their pay and… Read more »