Consider Renting Before Purchasing

buying a holiday home

“𝗜𝘁’𝘀 𝗮 𝗴𝗼𝗼𝗱 𝗶𝗱𝗲𝗮 𝘁𝗼 𝗵𝗶𝗿𝗲 𝗮 𝗵𝗼𝗹𝗶𝗱𝗮𝘆 𝗵𝗼𝘂𝘀𝗲 𝗮𝘁 𝗹𝗲𝗮𝘀𝘁 𝗼𝗻𝗰𝗲 𝗯𝗲𝗳𝗼𝗿𝗲 𝗰𝗼𝗺𝗺𝗶𝘁𝘁𝗶𝗻𝗴 𝘁𝗼 𝗽𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗼𝗻𝗲,” 𝘿𝙖𝙫𝙞𝙙 𝙨𝙖𝙮𝙨. David’s tip is to spend a few days, or even weeks, renting a holiday home before deciding whether to purchase one. Some people find that this period manages to scratch the holiday home itch and save themselves from expenses. Got questions about your upcoming home purchase? Consult with our professional financial coach. Email us at info@sortmymoney.com.au.  

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Plan and Schedule Your Grocery Spending

Good spending

𝐇𝐚𝐯𝐢𝐧𝐠 𝐚 𝐫𝐞𝐠𝐮𝐥𝐚𝐫 𝐬𝐡𝐨𝐩𝐩𝐢𝐧𝐠 𝐬𝐜𝐡𝐞𝐝𝐮𝐥𝐞 𝐢𝐬 𝐚 𝐠𝐨𝐨𝐝 𝐦𝐨𝐧𝐞𝐲-𝐬𝐚𝐯𝐢𝐧𝐠 𝐡𝐚𝐛𝐢𝐭. We usually spend more, day to day, on food than on anything else. So, this once-a-week routine will help you keep track of your expenses. Ideally, buy most of this as cheaply as possible – at Aldi and discount fruit-and-veg shops. Then top up at either Coles or Woolworths on the same trip. Challenge your grocery budget this week and see how much you can save. Do you want more financial tips? Email us at info@sortmymoney.com.au.  

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Have a Strategy in Achieving Your Financial Goals

Financial Plan

𝐖𝐢𝐬𝐡𝐢𝐧𝐠 𝐭𝐨 𝐚𝐜𝐡𝐢𝐞𝐯𝐞 𝐲𝐨𝐮𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐠𝐨𝐚𝐥𝐬 𝐢𝐬 𝐧𝐨𝐭 𝐚 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲. 𝘼 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙥𝙡𝙖𝙣 𝙞𝙨 𝙗𝙖𝙨𝙞𝙘𝙖𝙡𝙡𝙮 𝙖 𝙙𝙚𝙩𝙖𝙞𝙡𝙚𝙙 𝙢𝙖𝙥 𝙤𝙛 𝙮𝙤𝙪𝙧 𝙙𝙚𝙨𝙩𝙞𝙣𝙖𝙩𝙞𝙤𝙣 𝙩𝙝𝙖𝙩 𝙠𝙚𝙚𝙥𝙨 𝙮𝙤𝙪 𝙤𝙣 𝙩𝙧𝙖𝙘𝙠. With a few skills and tricks, you will survive the challenges and ultimately achieve your target income. We can continue to hope, but making smart financial moves can get us there faster. Need guidance on planning your finances? Email us at info@sortmymoney.com.au.  

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Make Money with Your Vacation Home

Holiday home

𝐈𝐭 𝐩𝐚𝐲𝐬 𝐭𝐨 𝐝𝐨 𝐲𝐨𝐮𝐫 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡. Ever wished you could own a little slice of your favourite holiday paradise and make money as well? Whether you are planning to buy a vacation home by the beach or in the mountains, make sure you’ve done a run-down of considerations. David Rankin, award-winning financial coach and founder of Sort My Money talks about the pros and cons of investing in a holiday home. Check out here! Need help with managing your finances? Reach out to us at info@sortmymoney.com.au.  

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Develop Better Spending Habits

Opportunity in Adversity

𝘿𝙚𝙘𝙞𝙙𝙞𝙣𝙜 𝙬𝙝𝙞𝙘𝙝 𝙤𝙪𝙩𝙜𝙤𝙞𝙣𝙜𝙨 𝙩𝙤 𝙘𝙖𝙨𝙩 𝙤𝙛𝙛 𝙖𝙣𝙙 𝙬𝙝𝙞𝙘𝙝 𝙩𝙤 𝙠𝙚𝙚𝙥 𝙞𝙨 𝙣𝙤𝙩 𝙤𝙣𝙡𝙮 𝙖𝙣 𝙤𝙥𝙥𝙤𝙧𝙩𝙪𝙣𝙞𝙩𝙮 𝙩𝙤 𝙗𝙚𝙘𝙤𝙢𝙚 𝙢𝙤𝙣𝙚𝙮-𝙢𝙞𝙣𝙙𝙛𝙪𝙡, 𝙞𝙩 𝙖𝙡𝙨𝙤 𝙥𝙧𝙚𝙨𝙚𝙣𝙩𝙨 𝙖 𝙘𝙝𝙖𝙣𝙘𝙚 𝙩𝙤 𝙡𝙚𝙖𝙙 𝙖 𝙢𝙤𝙧𝙚 𝙘𝙤𝙣𝙨𝙘𝙞𝙤𝙪𝙨 𝙡𝙞𝙛𝙚 – 𝙩𝙝𝙚 𝙤𝙣𝙚 𝙮𝙤𝙪 𝙬𝙚𝙧𝙚 𝙗𝙤𝙧𝙣 𝙩𝙤 𝙡𝙞𝙫𝙚. Developing better spending habits due to these trying times might just be what you need. The reduced debts and spending and increased savings will make your way better off anyway, regardless of what the future holds! Got questions about finances? Talk to our financial coach today. Get in touch at info@sortmymoney.com.au.  

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Be Financially Prepared for Rainy Days

Prepare for Rainy Days

𝙋𝙧𝙚𝙥𝙖𝙧𝙞𝙣𝙜 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙧𝙖𝙞𝙣𝙮 𝙙𝙖𝙮𝙨 𝙞𝙨 𝙝𝙖𝙧𝙙𝙚𝙧 𝙬𝙝𝙚𝙣 𝙧𝙖𝙞𝙣 𝙞𝙨 𝙖𝙡𝙧𝙚𝙖𝙙𝙮 𝙥𝙤𝙪𝙧𝙞𝙣𝙜 𝙙𝙤𝙬𝙣 𝙤𝙣 𝙮𝙤𝙪. The economic fallout from the pandemic certainly did cause many financial problems, but how many of these could have been avoided with better planning and habits? David talks about how the recent events exposed our weaknesses in personal finances. Check it out here. Need to learn more? Email us at info@sortmymoney.com.au.  

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