Money & Savvy Tips

Raising Money-Savvy Kids: A Guide for Parents

Alongside toilet training, table manners and making the bed, managing money is an important skill to learn. As parents, we have a responsibility to teach financial literacy to our children from an early age.

Their little brains are like sponges. They are eager to learn, watch closely and try to imitate us. It is better to start positive money habits young than try to correct them later.

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Why Philip Lowe’s Comments Have Angered So Many

Last week, the comments by RBA’s Philip Lowe caused widespread anger. The head of the Reserve Bank of Australia announced the twelfth interest rate rise in thirteen months before answering questions from the media.

One journalist asked how much further interest rates will rise before we see mortgage arrears or house sales. To this, Philip Lowe responded that people should “cut back spending” and “find additional hours of work.”

This comment was met with utter frustration and backlash. The public was outraged and rightly so.

Why has there been such an outpouring of anger?

Although the advice given by Lowe is not unreasonable in itself, it is hard to swallow. There are three key reasons for this:

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Time to get back at the scammers

How I Took On A Scammer And Won

With scam messages on the rise, I decided that it was time to take one of them on for myself.
Here is the conversation that took place just before Christmas last year. Enjoy.

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How To Afford A Thermomix

After recently purchasing a Thermomix after years of indecision, I look back and wish I hadn’t taken so dang long. It has gotten me thinking. A product costing just over AU $2300 is not accessible to everybody. In fact, it is just out of reach for some people.
If you are struggling with the rising cost of living at the moment, you’ll know that every dollar counts. Groceries can hard to keep under budget. I know that I am finding it extra difficult. Investing in an appliance like a Thermomix might cost more upfront but can save money in the long term. Here are four ways to afford a Thermomix:

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It's ok to spend money... a poem

It’s Ok To Spend Money

I have always prided myself on getting a bargain. I love the thrill of finding things on sale. I love seeing my money go further.

More recently though, I have realised that I need to shop smarter. I have changed the way that I spend money.

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12 Useful Gift Ideas For Teachers

Finding the right present for your child’s teacher can be tricky. As parents, we often approach the end of the school year with exhaustion. Having the mental energy to make decisions about what to get for whom can feel overwhelming, let alone finding time to get to the shops kid-free.

With a little bit of consideration and planning in advance, you can take the pressure off during the last few weeks of school and reduce having to spend more money than you need to.

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A white piggy bank

Are You Frugal Or Are You Cheap? Why The Difference Matters.

We all know someone in our lives who likes to skimp out on paying their fair share of the meal or skimps on putting money towards a present. They don’t own a car to save on forking out the bills but expect you to pick them up and drive them places. They might cry poor but you know they earn just as much as you, if not more. It’s stingy behaviour. It’s not cool.

So what exactly is the difference between being frugal and being cheap?

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