Learn the art of budgeting

Doing a budget helps you see where your money is going. It can help you feel confident and in control of your finances. 💰💯 Use Moneysmart’s budget planner to make your budget. Learn more: https://moneysmart.gov.au/budgeting/how-to-do-a-budget Original Author: Produced by Moneysmart and published on 13/11/2023

Fact sheets: Financial planning strategies

Protecting your wealth What is insurance? Insurance is a form of protection – a way to protect yourself, your family and the things you own if something goes wrong. It enables you to replace or repair your assets, whether those assets are your belongings or your capacity to earn income…. Maintaining your income What is transition to retirement? Transition to retirement is a strategy that can help you reduce your working hours while maintaining the …

9 money mistakes people make in retirement

9 money mistakes people make in retirement How to keep your finances on track once you leave the workforce When you’ve worked hard all your life to build up your nest egg, the last thing you want to do is fritter it away too quickly. In this article, we look at the common money mistakes people in retirement make, and how you can do your best to avoid them. 1. Not taking control of your …

How to trick yourself into saving money

How to trick yourself into saving money Impulse purchases and buyer’s remorse often go hand in hand. But if you take a week (or a month) to reflect on your spending, you could see a noticeable boost in the funds accumulating in your savings account. Enter, the Seven-day Rule. Don’t reply to text messages after you’ve had a glass of wine and take a deep breath before confronting someone when you’re upset. These are both …

Make an investment plan| Moneysmart

Part of preparing for your future may involve making a plan for your money to grow. Investing is one way to increase your money over time. Use Moneysmart’s investor toolkit to get across the investing basics. Understand key concepts like risk tolerance, diversification, portfolios, and asset names. To learn more about investing visit Moneysmart.gov.au. Original Author: Produced by Moneysmart and published on 24/02/2022 Source

What is financial wellness?

What is financial wellness? How you feel, is your wellness. How you feel about your money is your financial wellness. This can be measured by the financial wellness index, which measures a person’s satisfaction with their current and future financial situation. For more information on financial wellness, please go to https://www.amp.com.au/insights/manage-my-money/financial-wellness Get more tips about managing and protecting your cash, reducing the money you owe and saving for both your big and small goals: https://www.amp.com.au/insights/manage-my-money …

Buy now pay later| MoneySmart

  If you’ve gotten into some money trouble using buy now pay later products, help and support are available. Visit https://moneysmart.gov.au/other-ways-… to start looking at your options, or call Mob Strong Debt Helpline on 1800 808 488 for free and confidential help.   Moneysmart is brought to you by the Australian Securities and Investments Commission (ASIC), the corporate, markets, financial services and consumer credit regulator in Australia. Consumer education ASIC is responsible for engaging with …