With just eight days until Christmas the rush is officially on as Aussies around the country sprint to the shops or frantically hit ‘priority delivery’ on their online orders to make sure their presents arrive before December 25.
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With Christmas less than two weeks away, Mozo is urging holiday shoppers to keep their splurges in check and get savvy with their purchases. As the holiday hype takes hold, Mozo Director, Kirsty Lamont expressed that, “with the Christmas jingles flooding the retail landscape, it is the season to be savvy so you don’t blow your budget and end up with the New Year financial blues.”
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It’s Christmas Day 2018 and the moment has finally arrived for Uncle John to unwrap the gift you got him.
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Whether it’s buying a car, funding a European adventure or moving out, chances are most Aussies have a savings goal in their sights for 2019.
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Have you used Mozo to save money this year? We’re giving away three $100 Coles/Myer Gift Cards to Mozo users who tell us how we helped them save money in 2018.
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Everyone has a different approach to Christmas saving and spending. But Mozo research has recently shown that 1 in 4 parents are cutting back on buying presents for their kids this Christmas - a clear sign that Aussies are feeling the pinch.
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There’s little doubt about it, budgets are going to be tight in the lead up to Christmas 2018, with many Aussie families likely to rely upon dipping into their savings accounts or using a credit card to fund this years festivities.
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In a rare win for savers, the Commonwealth Bank has today hiked the introductory rate on its NetBank Saver account by 4 basis points from 2.51% to 2.55% and extended the introductory period on the offer from three to five months.
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ANZ has well and truly bucked the long term downwards trend among saving rates this morning after injecting a significant rate increase to one of its main savings accounts.
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As any Australian with money in a savings account will know, growing a balance has become more and more difficult over recent years thanks to steadily falling interest rates.
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