A-Z Budget Planning Podcast Series – Episode 7: M-N

Welcome to Sort My Money Podcast where you’ll learn tried-and-tested systems and techniques that are unsurpassed in Australia, to give you peace of mind and help you take control of your finances. Want to learn how to create successful money habits and budget planning so you can finally get your finances on track and turbo charge your financial journey? Let’s find out how with Financial Coach David Rankin. Today’s topic: A-Z Budget Planning Podcast Series: M-N

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A-Z Budget Planning Podcast Series – Episode 1: A-B

Welcome to Sort My Money Podcast where you’ll learn tried-and-tested systems and techniques that are unsurpassed in Australia, to give you peace of mind and help you take control of your finances. Want to learn how to create successful money habits and budget planning so you can finally get your finances on track and turbo charge your financial journey? Let’s find out how with Financial Coach David Rankin. Today’s topic: A-Z Budget Planning Podcast Series: A-B  

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Apply one of these money-saving lessons today to save more!

The idea of saving money can be daunting, and sometimes it’s hard to know where to start. Let’s look at a few of the best money lessons that you can start implementing right away to make a big difference to your finances. Saving in the Kitchen Shopping smart in the supermarket is an easy way to quickly end up with more money in your pocket at the end of each week. Step one, make a list and stick to it! You’ll end up with a lot less waste. We all know the dangers of hungry shopping! Another good supermarket money […]

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Practical ways to teach your children about money

Sort My Money founder and personal budgeting specialist David Rankin and two of his children, Lucas and Layla, caught up with Channel 9 Today Extra’s David Campbell and Sonia Kruger to discuss how to get kids into great financial habits for life. SONIA KRUGER: 66 per cent of Aussie parents are worried their kids don’t understand the value of money, and according to experts the rise of online banking and credit cards is to blame. DAVID CAMPBELL: Joining us with more is finance expert and father of three David Rankin and two of his kids Layla and Lucas – good […]

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David’s number one Budgeting Tip | Personal Budgeting

Budgeting Tip

I often get ask what my number one budgeting tip is. My answer is not the oft-quoted budgeting tip of paying yourself first. Nor is it saving ten per cent of your earnings. My top budgeting tip is actually consistency. By, for example, consistently spending the same amounts each week on living expenses (food, drink, petrol and other day-to-day spending). Left to its own devices, this part of your outgoings can fluctuate wildly – hence the importance of making sure it is under control. Consistent debt repayments are a key ingredient of this budgeting tip. Going hard at that credit card or home loan might feel good […]

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Mandatory Comprehensive Credit Reporting and what it means for you…

Mandatory Comprehensive Credit Reporting and what it means for you… The Australian Government has proposed a change that mandates Comprehensive Credit Reporting (CCR) from 1st July 2018. Also known as positive credit reporting, the proposed CCR legislation mandates the reporting of positive, as well as negative, credit history – from Australia’s largest financial institutions. So what does this change mean for you? Today your credit history includes credit enquiries (such as applications for consumer credit and credit contracts) and negative information (such as significantly overdue accounts, defaults, serious credit infringements and public record information). Essentially, previously your credit reports only […]

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