Are you guilty of comfort overspending? Two-thirds of Aussies admit comfort spending is putting pressure on their budget
It’s been a hard couple of years and comfort spending is on the rise.
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Aussie spending habits shift as millennials take over
Results are out for the 2021 Census and Millennials now make up 21.5% of the Aussie population, set to overtake the similar proportion of Baby Boomers. Long teased for their penchant for avocado toast and ‘killing’ industries, millennials are now aged 25-39 and how they spend their money is no laughing matter.
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How to save money on your grocery bill
With the cost of living pressures reaching boiling point for many Aussie families, and increases not showing any signs of slowing down; being wiser with the way you shop for your groceries could make a big difference to the amount you spend and how much you could save every week on the essentials.So, just how do families cut costs when all the groceries that have become necessities in many households start increasing? Here are a few tips that could help reign in the spending whilst still enjoying the things you’re used to when it comes to food and household essentials for the family home.
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Office workers questioning the value of return to office amid cost of living rise
The rising price of fuel has ignited a growing reluctance to commute to work, according to a survey of 1,000 Australian office workers by Citrix Systems, a work-from-anywhere software company.
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Cost of living tactic No.63: Bucketing your money
With all the talk about the cost of living rising, I've been looking into the simple act of saving money. It's not something that comes as naturally in 2022, when the emphasis on spending feels well ingrained.
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Virgin Money makes it easier for Aussies to save with new feature
Virgin Money has introduced a new mobile app feature to help Australians reach their savings goal quicker.
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Why mastering savings in your 20s can help set you up for life
Knowing how to effectively save is an important life skill and the earlier you can perfect this skill, the more your savings can grow.
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Young Aussies offered highest savings interest rates
Most Australians aren’t getting much joy from their savings accounts right now. In our snapshot of December’s savings interest rate landscape, we saw the average ongoing savings rate in Mozo’s database plunge to less than half a percent.But there is some hope and it’s held in the hot little hands of young savers. Specialised savings accounts for kids and young adults are well and truly leading the way, with interest rates as high as 3.00%. If they’ve been taught well, anyone who sits in the relevant age bracket should get saving while the variable savings rates are good. Make sure you check the fine print of the market-leading accounts below for any conditions you’ll need to meet to earn bonus interest.
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Buying groceries online helps Aussies save money, says ING
New research from online bank ING has found that Aussies can save money by buying their groceries online.
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International Women's Day: Building savings buffer tops financial priority list for women
Today is International Women’s Day and the theme for this year is #BreakTheBias. The aim is to raise awareness to the current inequalities faced by women worldwide, and to strive towards achieving a gender equal world - a world free of bias, stereotypes and discrimination.
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