The beauty of budgeting is that it helps you realise when you’re making ridiculous impulse purchases at IKEA again, but what a lot of Australians don’t realise is that a bundle of that extra money you could be saving each month is disguised as ‘essential purchases’ in your budget.
Here are 10 ways to trim the fat from your budget this year and save a bucket load.
One of the major flaws with the current education system is that more often than not you come out the other end of it knowing how to make a mean diorama but have absolutely no idea what hell compound interest is or how powerful it can be.
Last night liberal treasurer Scott Morrison handed down the 2017/18 Budget. As Commonwealth Budgets go — and I’ve sat through my fair share over the past twenty years — it was remarkably uncontroversial, with many of the key initiatives being widely telegraphed in the weeks leading up to budget night.
We’ve combed through the papers and pulled the top 5 Budget announcements that we think our clients should know about.
On tea and sympathy: I had a catch up this weekend past with a family friend, a lady my mum’s generation who I’ve known for years. I’m going to call her Sue (she didn’t want to use her actual name). During our tea and debrief session, we got onto the topic of money.
At the young age of 25, Zhoe is adulting harder than most.
She works as a marketing manager (a job she loves), has clear life goals and her finances sorted. Like,really sorted. Zhoe saves 20% of her take-home pay, which is more than double what most Aussies save.
Zhoe started investing with Clover four months ago, and hasn’t missed a monthly deposit. We wanted to know the secret behind her approach to money.
Remember the first time you received interest from your savings account? Whether it’s $100 or just 10 cents, it’s a magical feeling seeing “free” money appear in your account. But feelings can be deceptive, and if you think you’re earning significant money from a high interest savings account, you should look closer.
Another year is drawing to a close. You’ve met some insane project deadlines, juggled a hectic working life with an equally hectic social life, and maybe burned the candle at both ends.
With the holidays close by, hopefully you’re finding ways to slow down. What better way to relax than with a great read, preferably under dappled sunlight. In today’s non-stop, round-the-clock existence, reading for pleasure is an indulgence.
I never liked New Year’s resolutions. As a free-spirit, the idea of committing to one single goal for an entire year is NOT exciting. By mid-February, I’m usually bored, out of willpower, and looking for another adventure.
But twelve one-month long experimental resolutions? Now there’s an idea…