Budget & Savings

Things you probably didn’t know about credit cards – but should.

2019-01-17T11:02:53+10:00December 3rd, 2018|

Although credit card interest rates are generally higher, a credit card debt can be short term and doesn’t necessarily mean interest charges - if you pay the balance you owe off in full each month. However some of us don’t use them like that. Here are some good reasons to rethink how you use them – or whether you use them at all.

20% of retirees will run out of money!

2018-08-05T21:49:05+10:00July 2nd, 2018|

Research shows about 20% of retirees are spending their super at ‘unsustainable’ levels. What does that mean? It means about one fifth of us will most likely outlive our retirement savings. This percentage is predicted to rise as more of us enter retirement! Recent research shows 54% of pre-retirees (55 and over) are financially unprepared for retirement and only 8% are financially prepared.

Beware your spending footprint!

2018-08-05T21:47:36+10:00April 9th, 2018|

Did you know that your daily spending habits could be the difference between securing your loan…or not? This time last year the big news in the finance world was the introduction of tighter lending criteria by APRA (Australian Prudential Regulation Authority) designed to curb what the regulator saw as ‘heightened risk’ in investor lending.

Are you a successful saver?

2018-08-05T21:45:32+10:00March 21st, 2018|

Research shows about 57% of Australian adults are savers although only 16% of those manage to save quite easily. When many of us feel burdened by the mere cost of ‘living’ it is often difficult to establish a savings plan. However, creating a savings habit can play an important role in our ultimate financial future.