Earlier this month it was stated that 81.3% of Australians could fall short when it comes to affording a comfortable retirement, and now research out of the US highlights how 57% of Americans have less than $1,000 in their savings accounts, and 39% have no savings at all. These numbers are shocking but unsurprising, says respected finance industry thought leader … [Read more...] about Why property isn’t the only investment strategy you should consider
By Bessie Hassan Christmas is a time that's notorious for spending big, but don't let the fairy lights and Christmas cheer fool you into spending more than you need to. If you're on a bit of a budget this Christmas, here are some things that you might want to consider to help you cut costs. 1) Regifting Regifting is a great way to reduce your Christmas present spend. … [Read more...] about How To Reduce Your Christmas Spend
Australians planning an overseas holiday could be stung by hundreds of dollars worth of bank fees if they don’t choose their travel money card carefully, according to a recent analysis by financial comparison site Mozo.com.au. Banking experts from the financial comparison site analysed 183 credit cards, 11 prepaid travel cards and 101 bank accounts from 84 providers for its … [Read more...] about Banks cash in on your overseas holiday
Australians will spend a staggering $145 billion on lifestyle in 2017, according to new research from financial comparison website Mozo.com.au. The survey of Australian adults’ spending habits revealed we’re opting for food and drink on the go, which is burning a hefty hole in our pockets. “Restaurant dinners racked up a formidable $11.7 billion – our second largest … [Read more...] about Is eating out, eating your savings?
AMP study shows cyclists and netballers most financially savvy thinkers. They say a healthy body equals a healthy mind but it could mean a healthy bank account too. A new study by AMP, a leading financial services organisation, has found Aussies who play sports regularly are 64 per cent more likely to achieve the majority of their financial goals, compared to those who … [Read more...] about Active Aussies most likely to keep finances in shape