Posts Tagged :

spending

Why online shops don’t want you to give buying a minute’s thought (and what you can do to combat it)

Speed is everything for both online and real-world retailers. They know that every second, and every click, that comes between you and getting your mitts on that coveted widget equals lost sales for them – and money not spent by you. One industry term for it is ‘slippery’. From the second you see that must-have pair of pants online to the moment you realise that your bum looks no smaller than they did in the old ones, every step of…

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Man sitting on beach reclining with laptop
Nudge, nudge, wink wink – how to nudge yourself to better money management

You know you need to change your financial ways. But it’s hard to actually do it. Just imagine standing at an EFTPOS terminal about to make a financial blunder and someone nudges you into making a better choice. A nudge is like having a little conscience sitting on your shoulder. Behavioural economists have found that tiny regular nudges that prod you to do things you wouldn’t otherwise can be a real game changer when it comes to mastering your money.…

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Are you a victim of lifestyle inflation? Our 10 (very honest) principles will help you beat the disease

Once upon a time I used to head to the nearest bakery or fruit shop for cheap lunch. A 50c bread roll or banana was sustenance enough to keep me going until I got home to have a decent balanced meal. Bit by bit over the years my bun and fruit habit evolved into buying $10 packs of sushi when I’m caught short without a packed lunch. Why? Because like virtually every person alive I can fall into ‘lifestyle inflation’.…

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Young, single, and on a budget? Skip the mistakes that others make

You’re young, single and on a budget. It’s hard being a ‘yadult’ sometimes. But life’s a lot more fun if you’re not stressing about the power being cut off. Take some tips from others’ mistakes and skip the ‘shoulda known better’ stage of your financial future. Here’s how: Have a spending plan. That’s a budget, but if you think of it as spending plan it doesn’t feel like a torture device. The idea is that you get a pen and…

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Parents behaving badly: How parents’ money habits can rub off on the next generation

The concept of ‘monkey see, monkey do’ is alive and well in Aussie families, and that includes when it comes to our parents’ habits with money. When parents behave badly with money, guess what their children do? As a parent, your role modelling is one of the most powerful indicators of how well your children will survive financially. Whether your children are two or 20 you can set them a better example. Don’t see money and spend it Do you see money…

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