News Archive for April 2016

Instead of celebrating the end of daylight savings with a sleep in this Sunday, our advice to you is to grab your laptop and snuggle in for an hour of deal shopping-in-bed. And we don’t mean browsing the mid-season sales.

If someone asked me, how to describe myself financially I would reply without hesitation “I’m one thrifty penny pincher.” I track my spend on a budget app, put money away each month into a high interest savings account and try to cut back where I can by bringing lunch to work and catching public transport over driving.

Whether it’s a car repair or unusually high utility bill, we’ve all probably experienced that dreaded moment when an out of the blue expense arises.

Now don’t get me wrong. I’m not a pessimist who leaves on a holiday thinking I’ll miss my flight, lose my bags or have an accident. I just feel more secure taking out travel insurance so I don’t need to worry about anything while I’m travelling.

Experts had been predicting that the cash rate would remain on hold at 2% after the RBA’s April announcement and those predictions have proved true, with the record low rate locked in for the eleventh month in a row.