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 […]

More

Winter Bills – Best Practices to stay in the black during the chilly season.

We all want to stay warm through the winter months, but when the bills come in, and we see how much is being in spent, it can make your blood run cold. Winter is a tricky time for budgeting; there is no use freezing yourself to save on the energy bills, anything you save there you may end up paying back in sick leave. It’s all about balancing your usage intelligently. Here are a few areas to look at to keep you warm and in the black this winter. Utility Bills If the clothes dryer is part of the soundtrack […]

More

5 expenditures you should be reviewing to save money this financial year

As with the start of any new year, the start of a new financial year is a great time to save money by getting into new habits. Spending patterns naturally change as we move through different phases of our lives. It is important, though, to “clean out” our finances every so often, so that we are not accumulating financial clutter. If you don’t review your spending, you’ll be amazed at how many payments ‘fly below the radar’, outstay their welcome and become a drag on your financial progress. Insurance So, let’s start with insurance. Are you getting your money’s worth, […]

More

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 […]

More

Budgeting for the School Holidays

Budgeting for the School Holidays

School holidays are a great time for our children to relax and wind down after the excitement of the school term and often to venture out for fun family activities. But while school holidays can be memorable events, with children spending quality time with their parents, beating the boredom and entertaining children during this period can often hurt the budgets of Australian families. The school holiday period really doesn’t have to break the bank, though. A well-run budget benefits you, as the budget keeps you on track at a time when it is so easy to overspend. In fact, a […]

More

Teaching children good financial habits

financial habits

The best way that parents can pass on good financial habits to their children is to be in good financial habits themselves. Children pick things up from their parents by osmosis. If a child grows up in a family where finances are a drama because money keeps running out, the chances are that they will continue that financial roller coaster ride into adulthood. If they experience a childhood in which energy does not get wasted on day-to-day financial transactions because everything just flows, this ease and flow is likely to be reflected in their own finances later on. It’s a […]

More