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Short-term Loan vs Credit Card

Short-term Loan vs Credit Card — Which is Better?

If you need quick cash, there’s a couple of things you could do: get a short-term loan or use a credit card. With a short-term loan, you just have to complete the application process and if you get approved the funds would be transferred to your account on the same day. With a credit card, … Continued

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Including Guilt-Free Spending Into Your Budget

Including Guilt-Free Spending Into Your Budget

As long as your personal finances look healthy, you should include guilt-free spending into your budget. Here’s why. As you spend more time at home the past couple of years, your budget may have changed dramatically. Aside from taking care of your budget and savings, and allocating an amount for spending, you may also want … Continued

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Best Ways To Stick To Your Budget

Best Ways To Stick To Your Budget

A budget is made up of income, expenses, and savings. These savings can be determined on how much money you have left after you’ve subtracted your expenses from your income.  MoMa has put together some handy tips to help you get into the habit of budgeting, stick to it, and make it more fun!  Use … Continued

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5 Budgeting Myths Debunked!

5 Budgeting Myths Debunked!

Budgeting is the key to achieving your financial goals. It can be overwhelming, but you don’t have to be one of those people who fall for budgeting myths and excuses, which can be a hindrance for you to come up with a reasonable monthly household budget. Here are some of the commonly heard ones. Myth … Continued

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Health Insurance — Is It A Good Investment?

Health Insurance — Is It A Good Investment?

As premiums rise faster than wages or inflation, most Australians, young ones in general, are discarding health insurance and do not consider it a top priority. Should they reconsider? Is it a good investment?  Free healthcare  Do you really need health insurance in a country where there’s already access to free healthcare? This depends on … Continued

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How To Save Money On Fuel

How To Save Money On Fuel

With the increasing price of petrol, you want to drive as efficiently as possible so you can conserve fuel and save money. These easy tips can help you save bucks on fuel and make your car go further between refills. Use your car less Plan your trips and combine the smaller ones as multiple shorter … Continued

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Tips on How to Reduce Spending at Home

Tips on How to Reduce Spending at Home

The challenge to maintain a household budget is real, with the cost of living becoming increasingly expensive for many families. How can you reduce your spending at home when food, electricity, maintenance, and other expenses eat up most of your income? Here are some useful tips to try. Weekly menu By planning your meals every … Continued

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Financial Security and Financial Freedom — What’s the Difference?

Financial Security and Financial Freedom — What’s the Difference?

Since you’ve been learning the importance of money management, you may have encountered the terms ‘financial security’ and ‘financial freedom.’ How do you define them? What are their similarities and differences? How can someone tell if they have achieved either of these goals? Financial Security  Financial security refers to the concept that your money is … Continued

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Home Renovation Budget — How To Stick To It?

Home Renovation Budget — How To Stick To It?

Renovating a home usually brings a positive experience to the owner as it adds value to their property and improves their overall quality of life. Setting aside a home renovation budget can be rewarding when the time comes that you need to fix your home. Blocked gutters, peeling paint, and broken fences can really cause … Continued

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Garage Sale Arbitrage: How To Set It Up

Garage Sale Arbitrage: How To Set It Up

A garage sale arbitrage is one of the options to get rid of the stuff you don’t need as soon as possible. It’s doable and can be fun while you earn some quick bucks, but it takes a good deal to work. Before having a garage sale, considering these pros and cons: Pros:  Most people … Continued

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10 Commonly Forgotten Expenses

10 Commonly Forgotten Expenses

It seems that most Australians cannot tell exactly how much they spend on a regular basis. As a result, these infrequent costs really blow the budget. Here are the 10 commonly forgotten expenses to save for to avoid getting caught short. 1. Annual physical You are supposed to have a physical checkup annually and visit … Continued

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Different Ways To Invest Your Money

Different Ways To Invest Your Money

It’s important to learn the different ways to invest the money you’ve worked hard to earn. It’s easier to decide which ones are right for your investing goals once you understand the available choices. Invest in bank and term deposits How this works is, for a fixed period, you invest an amount with your bank … Continued

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