Giving You Control of Your Finances
David Rankin advises, “If you have direct debits flowing from multiple accounts, it could pay to switch them all to just one account.” Streamlining your payments makes it easier to pay and track regular or recurring remittances, like utility bills, loan payments, etc. A second transaction account can serve as your accessible source of cash for daily expenses. How best to manage your bank accounts? Email us at info@sortmymoney.com.au to find out.
Lots of beauty appointments in your schedule? David Rankin was interviewed for SmartDaily and our favourite tip is something many of us can relate to, just because these expenditures are often small but regular. David says, โBecause gym memberships, brows, waxing, nails, and pedicures are costs and appointments that tend to be on autopilot, they soon add up – is it possible to get by without them or to reduce what you spend on them?โ At first, it can seem impossible to ditch old habits, but the sooner you start, the sooner you achieve financial stability. Need financial advice from […]
๐๐ข๐ ๐ฒ๐จ๐ฎ ๐๐๐ญ๐๐ก ๐๐๐ฏ๐ข๐ ๐๐๐ง๐ค๐ข๐งโ๐ฌ ๐ญ๐ข๐ฉ๐ฌ ๐จ๐ง ๐๐ฆ๐๐ซ๐ญ๐๐๐ข๐ฅ๐ฒ? The article talks about how to use downtime to clean oneโs finances. Here are the tips from David we thought were very helpful. Assess your current spending. Transfer direct debits into one account. Minimise unused vehicle costs. Reduce unnecessary and costly appointments. ๐๐ ๐ฒ๐จ๐ฎ ๐ง๐๐๐ ๐ฆ๐จ๐ซ๐ ๐จ๐ซ๐ ๐๐ง๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐๐ซ๐ฆ๐ฌ ๐จ๐ ๐๐ข๐ง๐๐ง๐๐๐ฌ, ๐ฌ๐ญ๐๐ซ๐ญ ๐๐ฒ ๐๐ฌ๐ฌ๐๐ฌ๐ฌ๐ข๐ง๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ฑ๐ฉ๐๐ง๐๐ข๐ญ๐ฎ๐ซ๐๐ฌ ๐๐ง๐ ๐๐ก๐๐๐ค๐ข๐ง๐ ๐๐จ๐ซ ๐๐ฎ๐๐ ๐๐ญ ๐ฅ๐๐๐ค๐ฌ. Email us at info@sortmymoney.com.au to know more.
โWhat are you no longer spending money on every day that you are not really missing?โ – a question that David wants us to ask ourselves as we assess our finances. ๐๐ฌ ๐ฅ๐๐ข๐ฌ๐ฎ๐ซ๐ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐๐ฌ ๐๐ซ๐ ๐ฉ๐ฎ๐ญ ๐จ๐ง ๐ก๐จ๐ฅ๐, ๐ฆ๐๐ง๐ฒ ๐ก๐จ๐ฎ๐ฌ๐๐ก๐จ๐ฅ๐๐ฌ ๐๐ซ๐ ๐ฌ๐๐๐ข๐ง๐ ๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐๐๐๐ญ ๐จ๐ง ๐ญ๐ก๐๐ข๐ซ ๐๐ข๐ง๐๐ง๐๐๐ฌ. ๐๐จ๐ฆ๐ ๐จ๐ ๐ฎ๐ฌ ๐๐ซ๐ ๐ซ๐๐๐ฅ๐ข๐ณ๐ข๐ง๐ ๐ญ๐ก๐๐ญ ๐ญ๐ก๐ ๐ข๐ญ๐๐ฆ๐ฌ ๐ฐ๐ ๐ฎ๐ฌ๐๐ ๐ญ๐จ ๐๐ฎ๐ฒ ๐จ๐ง ๐ญ๐ก๐ ๐ฐ๐๐ฒ ๐ญ๐จ ๐ฐ๐จ๐ซ๐ค ๐๐ซ๐ ๐ง๐จ๐ญ ๐ง๐๐๐๐ฌ๐ฌ๐๐ซ๐ฒ. โLunches, coffees, and convenience foods on the way to and from work are no longer eating into many household budgets,” David adds. Email us at info@sortmymoney.com.au to find out more.
๐๐ค๐ฉ๐๐๐ฃ๐ ๐๐จ ๐จ๐ฉ๐ค๐ฅ๐ฅ๐๐ฃ๐ ๐ฎ๐ค๐ช ๐๐ง๐ค๐ข ๐๐๐ฃ๐๐ฃ๐๐๐๐ก ๐ก๐๐ฉ๐๐ง๐๐๐ฎ ๐๐ฃ๐ ๐จ๐ฉ๐๐ง๐ฉ๐๐ฃ๐ ๐ฎ๐ค๐ช๐ง ๐๐ค๐ช๐ง๐ฃ๐๐ฎ ๐ฉ๐ค ๐๐๐ฃ๐๐ฃ๐๐๐๐ก ๐๐ง๐๐๐๐ค๐ข. Money advice is easily available on various platforms, especially as we are scrolling through social media. However, with the amount of information you can learn these days, it can feel overwhelming, and sometimes you just need a clear-cut option. Learn easy money tricks from our professional budgeting expert. Call us at 1300 98 38 61 today!
David gives us his thoughts on hoarding bank accounts and why simple, streamlined accounts work better. In addition, a separate โliving expensesโ account allows you to seeโ at a glance โ how much you have to spend for the rest of the week. Find out what your main transaction account should be used for and why you need it. Check out this podcast to learn more.