Money has never been cheaper. So use this opportunity to reign in your debt monster. The Reserve Bank this week cut the official interest rate for the second consecutive month to a historic low of 1 per cent. While the banks haven’t passed on the full rate cuts they have slashed borrowing (and savings) rates.… Read more »
As we move towards a cashless society, teaching our kids good financial habits becomes increasingly difficult. Spriggy co-founder Mario Hasanakos suggests it doesn’t have to be this way… In 2016 only 37 per cent of payments were made in cash. So why are we still teaching our kids about money via old-school methods of notes… Read more »
Hi gang! This Friday and Saturday, Libby and I will be part of the money expo at the ICC at Darling Harbour in Sydney. We’d love to see your there… come and have a chat. It’s a sort of Festival of Finance for anyone who wants a better deal on their money, superannuation and investments. It’s… Read more »
Your bad credit rating need not be forever. Here’s our top tips to rescue your credit rating from the dumpster. Once you have your report to hand, go through it with a fine-tooth comb. Start rebuilding your credit history one prompt payment at a time. When it comes to evaluating your credit worthiness most lenders… Read more »
Setting goals and planning ahead can help lay the foundation for future wealth as Cec Busby discovers. There’s a saying, ‘learn to say no by deciding on yes’, and when it comes to planning your future wealth it’s a good adage to live by. Young people are often overwhelmed by all the possibilities and opportunities… Read more »
If you want to have a million dollars in the bank, forget Lotto tickets or waiting for an inheritance from a rich relative… the only guaranteed way is to start investing early and regularly. The key is discipline and time. Saving little amounts, on a regular basis over an extended period of time will guarantee… Read more »
The peak Spring selling season for property has almost finished and it’s been a reality check… particularly in Sydney and, to a lesser extent, in Melbourne. There were plenty of signs of the slowdown in residential property values… falling auction clearance rates and softer prices. If you’re thinking of selling in 2018 (or your sale… Read more »
With money issues being cited by 22 percent of couples as a motivator for divorce, it makes sense to set some ground rules around your different spending habits before they become issues for you and your marriage. You’ve said ‘I do’ but now your spouse’s spending habits have got you thinking ‘I don’t’. Before things… Read more »
According to a recent survey of ASIC Money Smart users, the majority of parents say they spend more money during the school holidays than any other time of year. But hanging out with your loved ones needn’t blow your budget. Creating fun ways for your family to get together and enjoy themselves shouldn’t have to burn a… Read more »
Around 80 per cent of Australian couples will live together before they get married. Back in our courting days the quaintly termed “living in sin” had a stigma about it. Not today, where it’s seen as the sensible thing to do. A sort of test drive strategy. Yes it’s practical but it also comes with… Read more »
