As a mum, this is something that is a constant challenge for me. Do I give them pocket money? Do they have to work for it? What if one kid wants to earn money and is eager to do every job possible, and the other is too busy trying to keep up with school work to do anything more than that? Where do I [...]
After all the excesses of December and January, we're often left with a less than healthy bank balance or a worryingly high credit card balance. Does this sound familiar? If it does, I'd love you to join a challenge with me of "No Spend Feb". It's not hard - you just need to only buy essentials. Nothing more, nothing less. You don't have to [...]
Before a bank will lend you any money they have a duty of care to make sure that you’re considered to be a “good risk” - especially if you’re trying to secure a mortgage. So what are the red flags that lenders look for? Given that we’re fresh from Melbourne Cup Day, gambling is a huge red flag. So if you like a bet [...]
We’re coming up to an expensive time of year so it’s a good time to review your spending plan, your shopping lists and your gift lists. There’s no doubt that it’s a great idea to take advantage of Black Friday sales and other deals that come up - but only if you need what you’re buying! I can’t tell you the number of outfits, [...]
I meet a lot of people who are having trouble saving money. My first question to them is "Where is your focus? Earning or spending?" One of the biggest misperceptions that we have is that the more we earn, the more we’ll have. Sadly, this isn’t always right and it ends up being “the more we earn, the more we spend”. It’s a little [...]
Want to get real with your finances in 30 days? Here’s how I did it. I knew something had to change if I was going to pay off my mortgage so we could have the freedom of being debt free. That change needed to start with me. So here’s what I did! For 30 days straight I wrote down every single dollar I spent. [...]
Taking personal responsibility for your outcomes is such a big thing in my opinion. It allows you to totally own your victories as well as your mistakes - or opportunities for learning, as I prefer to call them. So why is it such a big deal and why do so many people avoid it? Whether it's the state of your career, your bank balance, [...]
Money management is always a thing when you're trying to arrange finance or save for something special, so I thought I'd share my top 5 money hacks: Meal planning - figuring out your week of meals and making one trip to the supermarket instead of multiple will always save you money. It also saves time and mind power by not having to think about [...]
And it's the key to so many things. Mindfully managing your money simply means that you think before you spend. Which means that you are conscious of the impact on your financial bottom line, you think about whether you really need the item you're considering, you may also be conscious of the impact on the environment, the difference it will make to your life [...]
Do you want to save instead of spend? Here are my top tips to get your bank balance going up instead of down. Cancel a subscription for 6 months. Do you really need Netflix, Stan, Disney, Prime, HayU, Foxtel, and Spotify? Getting rid of just one for 6 months would save you at least $60. Hold onto your phone for an extra 6-12 [...]
