The skills you need for big money choices

The skills you need for big money choices Even when you’ve got the skills to budget for your household, making big financial decisions can seem beyond you. You might feel like you lack the knowledge or confidence to plan for your financial future, instead of just managing day-to-day. So just what is that holds you back from getting in control of your finances and feeling confident about your future? In a 2018 report from UBS, …

Holiday budgeting tips— How to avoid a travel debt hangover

Holiday budgeting tips— How to avoid a travel debt hangover We’ve all had the feeling. You step off the plane from Bangkok still buzzing, images from your holiday flitting through your mind—the Parthenon, Big Ben, the Eiffel Tower. What a trip…you’re not going to kiss the tarmac or anything but it’s good to be home! You post the final selfie to Instagram on your mobile but as you flick back to the home screen you …

How to max your tax refund

How to max your tax refund Expecting a refund from your 2017/18 tax return? 77 out of 100 Aussies are likely to get one and many could already have plans to spend it. If you’re one of them, find out how to treat yourself right with your windfall and be better off for good. For most of us, tax refunds rarely come as a complete surprise. In fact, sometimes we might even be using the …

Troubleshooting family finances

Troubleshooting family finances Are your family finances a battleground where good and bad habits collide?  Find out how to support your family towards better financial wellbeing without risking your relationship. Sometimes money can really drive a wedge between family members. When you have a parent, sibling, child or maybe even a partner who seems determined to sabotage their finances, it can be difficult to know how to help or where to draw the line with …

Wedding planning: Budgeting tips for your big day

Wedding planning: Budgeting tips for your big day With the average Australian wedding costing over $65,000, is it more financially savvy to say ‘I do’ or ‘I don’t’ to a big budget wedding? When it comes to planning a wedding, every couple has their dream day in mind, which often includes extravagant flowers, a swanky venue, custom-made wedding attire, unlimited alcohol, vintage wedding cars and the list goes on. While digging deep into your pockets to …

The 5 big bills you need to save for (Video)

The 5 big bills you need to save for (Video)  Some major expenses just can’t be avoided. If you can build up a savings buffer for these 5 big bills, you’re less likely to suffer from financial shockwaves, a big credit card balance and hardship when it’s time to pay up. If you’d like to get in the habit of saving more for those big bills, get some tips with our savings and budget checklist or team …

How can I prepare my finances for having a family? (Video)

How can I prepare my finances for having a family? (Video)  Louise Lakomy CFP® Louise has a wide range of experience and depth of knowledge in all facets of financial planning providing advice over 15 years specialising in retirement strategies. As part of the Financial Planning Association’s Ask a Planner video series, Louise Lakomy CFP® answers the commonly asked question, “What can I do financially to prepare for having a family?” If you have …

7 budgeting apps to help you save

7 budgeting apps to help you save Where does all that money go? A host of apps are available to help you easily answer that question and even budget better, so you don’t get caught short in the event of a ‘rainy day’ and can feel more comfortable and in control of your finances every day. The best place to start is with your bank. Most major Australian banks offer their customers great tools to …

Budgeting on a growing family

  Budgeting on a growing family Having children is a rite of passage that brings a mix of joy, fulfilment and anxiety when the financial realities of raising kids become apparent. Parents must make difficult decisions about housing, education and lifestyle to keep the family budget in the black and to give their kids the best start in life. The cost of raising children rose 50 per cent from 2007 to 2012, outpacing growth in …

4 Things You Should Know Before You Start Budgeting

4 Things You Should Know Before You Start Budgeting With the end of the year nearing, it is almost time up for the New Year resolutions. Most people have either already made their New Year resolutions or are in the process of making or finalizing them. If you have made a resolution for this New Year that you are going to budget your expenses better this year, well then you are in luck. This blog …