So you’ve just mastered the art of sticking to a budget and now have some money set aside for a rainy day or your next holiday. You might be wondering which savings accounts you should keep your hard earned money in.
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Whether you want to live it up on a Euro summer trip or just have some extra cash in the bank for a rainy day, saving in your 20s can be tricky. Everyday expenses can add up and you don’t want to sacrifice your social life - money is made to be spent right?
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We know it's fun to do mid-year shopping, but keeping tabs on spending is just as important. If you’re in your twenties and are new to full-time work, it can take a bit of getting used to tracking spending, paying bills and saving.
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With US President Joe Biden recently cancelling his visit to Australia to deal with the “debt ceiling crisis”, some people might be wondering what this crisis even is and what it could mean for the world economy.
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With recent rate hikes by the Reserve Bank of Australia causing banks to raise their interest rates, borrowers have increasingly felt squeezed. However, if you’re a saver, now might be your time to shine as high interest savings accounts have been bringing in great returns with some savings accounts as high as 5%.
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With the rising cost of living and interest hikes squeezing more Aussies than ever, it's no wonder that some are struggling to make it from paycheck to paycheck.
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Kids as young as six years old are showing a remarkable uptick in financial literacy, according to a report by Kit. The study, covering more than 4,000 families, paints a more positive picture of family finance in comparison to the latest HILDA survey—which found each age group experiencing a decline in financial literacy and that adults struggled to answer basic questions about money.
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Following another rate hike by the RBA, you’re probably wondering the same thing that I am: when is this cost of living crisis going to end?
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Savers will find themselves jumping for joy as ING has announced a 0.25% increase to their Savings Maximiser account for new and existing customers up to a whopping 5.25% p.a (effective from 9 May 2023).
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There are loads of reasons for wanting to have a healthy stash in your savings account. Whether it's for a rainy day fund or a house deposit, it’s important to grow your savings. One way this can be achieved is by trying to maximise and get the most out of your interest rate.
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