Review Your Subscriptions

Subscriptions

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐ก๐š๐ฏ๐ž ๐ฆ๐ฎ๐ฅ๐ญ๐ข๐ฉ๐ฅ๐ž ๐ฌ๐ญ๐ซ๐ž๐š๐ฆ๐ข๐ง๐  ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐š๐ง๐ ๐ฌ๐ญ๐ข๐ฅ๐ฅ ๐ ๐ซ๐š๐ฏ๐ข๐ญ๐š๐ญ๐ž ๐ญ๐จ๐ฐ๐š๐ซ๐๐ฌ ๐š ๐Ÿ๐š๐ฏ๐จ๐ซ๐ข๐ญ๐ž. ๐’๐จ, ๐–๐ก๐ฒ ๐ง๐จ๐ญ ๐ค๐ž๐ž๐ฉ ๐จ๐ง๐ž ๐š๐ง๐ ๐ฅ๐ž๐ญ ๐ญ๐ก๐ž ๐จ๐ญ๐ก๐ž๐ซ๐ฌ ๐ ๐จ? Assess which service your family uses more and which ones you need. Do you want access to local stations and broadcasts? Are you into movies and series? Is the monthly premium subscription worth it? If you canโ€™t let a certain streaming service go, try splitting the bill with a relative or a friend. Plenty of people are doing this. How about you? Which subscriptions can you not live without? Let Sort My Money help you on matters like […]

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Are You Ready to Finance a New Property?

investment decision

๐๐ฎ๐ฒ๐ข๐ง๐  ๐š ๐ก๐จ๐ฆ๐ž ๐ข๐ฌ ๐š ๐ฆ๐š๐ญ๐ญ๐ž๐ซ ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐ก๐ž๐š๐, ๐ง๐จ๐ญ ๐ฃ๐ฎ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐ก๐ž๐š๐ซ๐ญ- ๐ž๐ฌ๐ฉ๐ž๐œ๐ข๐š๐ฅ๐ฅ๐ฒ ๐ฐ๐ก๐ž๐ง ๐ฒ๐จ๐ฎ ๐š๐ซ๐ž ๐ฉ๐ฅ๐š๐ง๐ง๐ข๐ง๐  ๐ญ๐จ ๐จ๐ฐ๐ง ๐š ๐ก๐จ๐ฅ๐ข๐๐š๐ฒ ๐ก๐จ๐ฆ๐ž. Sure, a beachfront house or a home in the countryside sounds awesome, but only until you can finance it. So, the first question to ask yourself is โ€˜can you afford to finance the new property?โ€™. โ€œIt should also be made in the knowledge that no investment is guaranteed to succeedโ€, David says. Therefore, it is also important to take into account the costs of potential failure in order to have a better chance of success. Get […]

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Stop Paying Extra

mobile plan

Lots of people donโ€™t realise the amount of money saved from changing your mobile plan. When you realise, for example, that your mobile phone is now out of contract so you can save over $1k a year by going BYO instead. โ€œ๐–๐ข๐ญ๐ก ๐ญ๐ก๐ž ๐ฐ๐ซ๐จ๐ง๐  ๐๐š๐ญ๐š ๐ฉ๐ฅ๐š๐ง, ๐ฒ๐จ๐ฎโ€™๐ฅ๐ฅ ๐›๐ž ๐ฉ๐š๐ฒ๐ข๐ง๐  ๐ž๐ฑ๐ญ๐ซ๐š ๐จ๐ง ๐š ๐ซ๐ž๐ ๐ฎ๐ฅ๐š๐ซ ๐›๐š๐ฌ๐ข๐ฌ. ๐€ ๐ ๐ž๐ง๐ž๐ซ๐จ๐ฎ๐ฌ ๐๐š๐ญ๐š ๐ฉ๐ฅ๐š๐ง ๐œ๐š๐ง ๐ญ๐ฎ๐ซ๐ง ๐จ๐ฎ๐ญ ๐ญ๐จ ๐›๐ž ๐š ๐ฐ๐ข๐ฌ๐ž ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ.โ€ Need to know more tips like this? Email us at info@sortmymoney.com.au.  

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Plan and Schedule Your Grocery Spending

Good spending

๐‡๐š๐ฏ๐ข๐ง๐  ๐š ๐ซ๐ž๐ ๐ฎ๐ฅ๐š๐ซ ๐ฌ๐ก๐จ๐ฉ๐ฉ๐ข๐ง๐  ๐ฌ๐œ๐ก๐ž๐๐ฎ๐ฅ๐ž ๐ข๐ฌ ๐š ๐ ๐จ๐จ๐ ๐ฆ๐จ๐ง๐ž๐ฒ-๐ฌ๐š๐ฏ๐ข๐ง๐  ๐ก๐š๐›๐ข๐ญ. 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 โ€“ 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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Develop Better Spending Habits

Opportunity in Adversity

๐˜ฟ๐™š๐™˜๐™ž๐™™๐™ž๐™ฃ๐™œ ๐™ฌ๐™๐™ž๐™˜๐™ ๐™ค๐™ช๐™ฉ๐™œ๐™ค๐™ž๐™ฃ๐™œ๐™จ ๐™ฉ๐™ค ๐™˜๐™–๐™จ๐™ฉ ๐™ค๐™›๐™› ๐™–๐™ฃ๐™™ ๐™ฌ๐™๐™ž๐™˜๐™ ๐™ฉ๐™ค ๐™ ๐™š๐™š๐™ฅ ๐™ž๐™จ ๐™ฃ๐™ค๐™ฉ ๐™ค๐™ฃ๐™ก๐™ฎ ๐™–๐™ฃ ๐™ค๐™ฅ๐™ฅ๐™ค๐™ง๐™ฉ๐™ช๐™ฃ๐™ž๐™ฉ๐™ฎ ๐™ฉ๐™ค ๐™—๐™š๐™˜๐™ค๐™ข๐™š ๐™ข๐™ค๐™ฃ๐™š๐™ฎ-๐™ข๐™ž๐™ฃ๐™™๐™›๐™ช๐™ก, ๐™ž๐™ฉ ๐™–๐™ก๐™จ๐™ค ๐™ฅ๐™ง๐™š๐™จ๐™š๐™ฃ๐™ฉ๐™จ ๐™– ๐™˜๐™๐™–๐™ฃ๐™˜๐™š ๐™ฉ๐™ค ๐™ก๐™š๐™–๐™™ ๐™– ๐™ข๐™ค๐™ง๐™š ๐™˜๐™ค๐™ฃ๐™จ๐™˜๐™ž๐™ค๐™ช๐™จ ๐™ก๐™ž๐™›๐™š โ€“ ๐™ฉ๐™๐™š ๐™ค๐™ฃ๐™š ๐™ฎ๐™ค๐™ช ๐™ฌ๐™š๐™ง๐™š ๐™—๐™ค๐™ง๐™ฃ ๐™ฉ๐™ค ๐™ก๐™ž๐™ซ๐™š. 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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Empower Kids with Financial Literacy

Empowering Kids

๐๐จ๐ฐ ๐ข๐ฌ ๐ฒ๐จ๐ฎ๐ซ ๐œ๐ก๐š๐ง๐œ๐ž ๐ญ๐จ ๐ข๐ง๐ฌ๐ญ๐ข๐ฅ๐ฅ ๐ ๐จ๐จ๐ ๐ฌ๐š๐ฏ๐ข๐ง๐  ๐ก๐š๐›๐ข๐ญ๐ฌ ๐ข๐ง ๐ฒ๐จ๐ฎ๐ซ ๐ค๐ข๐๐ฌ. ๐Ž๐ฎ๐ซ ๐ญ๐ข๐ฉ ๐š๐›๐จ๐ฎ๐ญ ๐ ๐ž๐ญ๐ญ๐ข๐ง๐  ๐ฉ๐š๐ข๐ ๐Ÿ๐จ๐ซ ๐ž๐ฑ๐ญ๐ซ๐š ๐ฐ๐จ๐ซ๐ค ๐ฐ๐ข๐ฅ๐ฅ ๐ก๐ž๐ฅ๐ฉ ๐ฒ๐จ๐ฎ๐ซ ๐ค๐ข๐๐ฌ ๐ ๐š๐ข๐ง ๐ง๐จ๐ญ ๐ฃ๐ฎ๐ฌ๐ญ ๐ฉ๐จ๐œ๐ค๐ž๐ญ ๐ฆ๐จ๐ง๐ž๐ฒ ๐Ÿ๐จ๐ซ ๐œ๐ก๐จ๐ซ๐ž๐ฌ, ๐›๐ฎ๐ญ ๐š๐ฅ๐ฌ๐จ ๐ข๐ง๐๐ž๐ฉ๐ž๐ง๐๐ž๐ง๐œ๐ž ๐ข๐ง ๐ญ๐ž๐ซ๐ฆ๐ฌ ๐จ๐Ÿ ๐Ÿ๐ข๐ง๐š๐ง๐œ๐ž๐ฌ. It is important to give them a meaningful level of financial independence โ€“ even for those children who are natural spenders. The consequences of these habits โ€“ in the form of much lower savings than their siblings โ€“ will soon become apparent. By โ€˜feeling the burnโ€™ now and getting used to getting rewarded for their work, they might just reform their ways […]

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