Tried and Tested Budgeting Methods

Tried and Tested Budgeting System

After years of testing the best budgeting methods, we found that effective financial management requires a deep understanding of each individual’s needs. That’s because no two people’s spending habits are the same. Devising a plan that truly works therefore requires the ability to tailor-make a solution for each person. Sort My Money takes the burden from you by stepping in and helping you to achieve a personalised budget plan, with the help of a qualified financial consultant. Email us through info@sortmymoney.com.au to learn more. Check Financial Coach David Rankin here.  

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Building a Budget

                Building a budget will always be advantageous. My grandfather was an accomplished builder. So the day he handed me a brick and a trowel and asked me if I would like to build something with him, I was excited. As an 11-year-old boy, I thought the pattern of bricks in a nearby wall looked simple enough – surely, therefore, there couldn’t be that much to it. How wrong I was! Managing your Money Fast forward to the present, and I find that people (mostly men, if I am honest) have much the […]

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

We all want to stay warm through the winter months and we want to do our best practices, but when the bills come in, and we see how much is being 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 […]

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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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The Difference Between a Financial Planner and a Personal Budgeting Consultant

There is a widespread misunderstanding about the differences between a financial planner and a personal budgeting consultant, particularly, people often misconstrue what Financial Planners (also known as Financial Advisors) actually do. Financial Planners are predominantly sales people and product specialists in the areas of investments (including superannuation) and insurance. Their job is to sell these products to you and, to some extent, subsequently administer them for you. The strength of their expertise is their in-depth product knowledge and the limit of what they do is that they – as a profession – don’t actually plan your finances in the true sense of […]

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