Saving up for a house deposit? Here’s what you need to know.

things to think about before buying first home

Remember when you could buy a three bedroom house with a rear garden within 20km of the CBD for less than $350,000? Yeah, neither do we.

According to CoreLogic’s latest property price data, the average Sydney house is now a whopping $1.08 million, with Melbourne not too far behind at $811,000, Canberra at $645,000 and Brisbane at $527,000.

Depending on the city in which you live, your income and saving capacity, it may take up to 10 years to save up for a deposit, especially if you want to avoid Lenders Mortgage Insurance by saving at least 20% of the total purchase price.

They say a journey of a thousand miles starts with a single step, so if your destination is property ownership, and ideally before your forties, read on.

Continue reading “Saving up for a house deposit? Here’s what you need to know.”

10 signs you’re ready to start investing

ready to invest

While many young people nowadays have already hot footed their way into the stock and property markets, for the majority, ‘investing’ is still a daunting word.

If you’re interested in growing their wealth, there are a number of ways you can work out if redirecting a portion of your income or savings into a financial growth vehicle is something that fits your current lifestyle and position.

So, here are 10 signs you’re ready to start investing.

Continue reading “10 signs you’re ready to start investing”

7 steps to sort out your super


Why bother saving for retirement when it seems so far away? Well it’s important because quite simply you don’t know how long you’re going to live – and you could be alive for a long time.

According to the Australian Bureau of Statistics, a typical 30 year old male can expect to live another 51.3 years while a female of the same age can expect to live another 55.1 years. Remember these are just averages. If you have longevity in your family, earn an above-average income and don’t add to risk factors such as smoking, inactivity or a poor diet you could live well into your nineties.  

Bottom line – you need to ensure that you’ll have enough money to live off of when you’re older and that’s why super it’s important to get your super sorted. Luckily for you, we’ve got 7 quick steps to help you get on top of your super.

Continue reading “7 steps to sort out your super”

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.

Continue reading “Top habits that make saving money easier”

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.

Continue reading “Why doesn’t anyone want to talk about money?”