Budgeting & Saving Money - January 17th
While thoughts of owning a luxury yacht, travelling the world and never having to work again are uplifting, the odds of winning Powerball are slim, Canstar Group Executive of Financial Services Steve Mickenbecker says. "The odds…– Read more
Budgeting & Saving Money - January 9th
Educating our children can come with a hefty price tag. In fact, The Australian Scholarship Group (ASG) estimated the total cost for private education for a child born in 2018 in metropolitan Australia to be around $475,342…– Read more
Budgeting & Saving Money - December 28th
They found Aussies took to Twitter to engage in a range of conversations, topics and movements, from popular Korean boy band #BTS, to political issues and a change of Prime Minister through #auspol and #libspill, as…– Read more
Budgeting & Saving Money - December 20th
Well, I’m right there with you. I’ve always been fairly conscious about my wellbeing (there’s that buzzword), but this was amplified when I was diagnosed with autoimmune disease Hashimoto's Hypothyroidism and I realised I needed to…– Read more
Budgeting & Saving Money - December 17th
Firstly though, let’s take a step back and talk about what a garnishee order actually is. What is a garnishee order? A garnishee order is typically issued when a creditor you owe money to has obtained…– Read more
If you find your finances are stretched, our Budgeting & Saving section is a good place to start. When it comes to being motivated to budget and save, it all comes down to your goals – working out what you want to achieve, realising what you′re currently spending your money on, pinpointing ways to save, and setting money aside.
Parents with kids can save on your kids′ school fees wherever possible, such as buying secondhand uniforms and textbooks whenever possible. But buy good quality school shoes! Label all of their clothes and books so you can get them back from lost property if you lose them. Raise your children to be money smart kids and money smart teens.
Teenagers can learn about budgeting before they even get their first job. Uni students will find our guide to budgeting while studying useful. Getting a part-time job, buying secondhand textbooks, and getting government Youth Allowance or Rent Assistance can make a big difference.
CANSTAR has amassed a collection of invaluable household budgeting tips, such as:
If you already have bad money habits, never fear – there are ways to turn things around. Fixing your finances won′t just help your bank balance – financial fitness is even good for your health! You can also grow your savings by remembering the financial lessons you learned from your parents.