Inflation is stabilising, consumers are reining in their spending and the strong job market is showing signs of weakening. Economically we are kicking a few goals when it comes to inflation. This week’s monthly Consumer Price Index for August was in line with economist forecasts and steady at 5.6 per cent – still well above… Read more »
More signs that Australian consumers are locking down in the bunker. While official retail sales have been weak for a couple of months as higher loan repayments take cash out of pockets, a new Commonwealth Bank report shows consumers continued to tighten their belts in July, with spending growth declining nationally to just 1.3 per… Read more »
Each week we ask a question to help you focus on an area of your finances that might need a closer look. This week: How can I reduce the cost of living? Oh boy, are we all getting hit with the cost of living stick right now. Fuel prices are through the roof, rent is… Read more »
In my life and in the work I do with clients, one thing is for sure: Spending wisely, is something only about half of us implement with any real success. Then there are those at the extreme end of frugal. This is not something I agree with, unless you are on the poverty line or… Read more »
Spoiler alert: the reason you’re broke is because you’re trying to be someone you’re not. By Georgie Koch It’s hard enough to keep your spending in check when all you’re trying to do is curb your own needs and wants, let alone when you make the dreadful mistake of trying to keep up with the… Read more »
Like it or not, you’re CFO of your household and you can apply some basic corporate principles to help you improve your financial position. Ever wondered what it would be like to control millions (or even billions) of dollars? For chief financial officers, it’s an everyday reality. The financial controllers of large companies spend their… Read more »
Too much of your money is being spent on overpriced goods that you can find far cheaper alternatives for. Here’s how to scale it back. By Daniella Doughan Sure, there are plenty of things I’m prepared to spend more on, like private health care, shoes, and fresh food. And like everyone, I’ve got my weaknesses… Read more »
Love and money is always tricky but it seems millions of Australians are happy to keep their spending habits a secret from their partner. Almost 20 per cent of us aren’t honest about spending. A new Canstar survey asked Aussies how much money they feel is acceptable to spend without telling a partner. The results… Read more »
If you’ve got a weakness for brand names, looking good can be a pricey pursuit. The good news is there are clever ways to cut your fashion costs. By Daniella Doughan If you love quality fashion you’re probably used to spending up big to look good. The top brands come at a lofty price, after… Read more »
Each week we ask a question to help you focus on an area of your finances that might need a closer look. This week: How can I stop impulse buying? Ouch. If you’re anything like me, the ‘new year sales’ have hit pretty hard this year. Which was particularly a blow after also doing a… Read more »
