How to deal with awkward money situations

awkward money situations

Sticky financial situations occur a lot between friends and it’s because Australians don’t like talking about money. In fact, most Aussies would rather talk about politics and religion than their own financial situations.

This lack of communication often results in a disconnect between how we handle our own money and how our friends expect us to, which can lead to a number of awkward situations…

We’ve picked out a handful of common money dilemmas encountered amongst friends and included some advice about how to tackle them without brushing anyone up the wrong way or making things awkward.

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8 things that are worth splurging on

things worth splurging on

While a lot of the time we may preach the thrifty lifestyle with all of our helpful budgeting and money saving posts (only so you can reap the rewards of good saving habits and profitable returns, mind you), there are definitely some things worth spending good money on (and we’re not talking about double shot lattes).

Here are eight everyday items worth splurging the extra cash on.

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The ultimate guide to building an emergency fund

building emergency fund

The idea that you should be setting aside a portion of your income for an ‘emergency’ rather than banking it straight into your savings can be a hard one to swallow, particularly if you’ve got your eye on a new car or even your first home, but trust us – it’s worth it. The key is to start now.

Here are 5 steps you can take to start building your emergency fund.

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Top habits that make saving money easier

money saving habits

Sometimes it’s not about where you spend your money, but rather how you manage it. While it may pay to be strict about what you can and can’t buy, such as cutting down on your daily Mango Passion Boost Juice so you can save for that new car, it can often be more effective to simply change your approach to spending.

An alternative to cutting specific items out of your budget, is simply changing the way you think about and handle your money.

So, here are five habits you can adopt that make saving money easier.

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Why doesn’t anyone want to talk about money?

awkward couple

Have you ever attended a dinner party where you covered all sorts of intimate topics from past relationships to your last blood test results, but then there were crickets once someone mentioned money, their difficulty with saving or the perilous state of their credit card debt?

We don’t bat an eyelid before sharing pictures of holidays we’ve been on or dishes we’ve enjoyed, but when it comes to personal finances most of us find it too uncomfortable to share.

Why is money such a taboo topic? We did some investigating.

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