Whether it is saving for a new car, a house deposit or a holiday; we all have spending habits that can derail us from achieving our financial goals. But luckily, most of…

When shopping around for a personal loan, it is wise to be conscious of any potential scammers that may try and offer you a deal that sounds too good to be true.…

Starting a new business is a big commitment. There are many financial factors a first-time entrepreneur must consider if they are aiming to create a long-term business. Check your personal credit score…

Our spending habits play a fundamental role in determining how well we can save our money. If you wish to save more efficiently, it is important to recognise a bad spending habit…

With more and more people opting away from traditional 9-5 jobs, the appeal of joining the gig economy is at an all-time high. However, for many people, forgoing their full-time job is…

A personal loan can come in handy if you need some extra cash to fund a purchase, but it may not always be your best option. Before you sign away, you will…

Having control over your business expenses is an essential part of running a successful small business. Fortunately, controlling your expenses does not have to be hard work. Consider the following ways to…

Bitcoin experienced its worst first quarter in history in 2018, falling from $13,412.44 to $6,928.85 in the three months to 31 March. Bitcoin, among other cryptocurrencies, are slowing down with market values…

When business is struggling, one of the first places business owners look to cut costs is in their marketing efforts. Although many do not view marketing as an essential element, it can…

Most people, at some stage or another, will need to save money. Whether it is for a large purchase such as a house deposit or money for a rainy day, similar savings…

It is more than likely at some stage of your life you will encounter a pushy salesperson attempting to close a sale. And although you may feel rude to decline, it is…

Starting a business with little to no personal capital will be challenging, but it is not impossible. Luckily, if you think creatively, there are a number of ways you can start your…

Investing can be a great financial strategy, but only if risks are managed appropriately. When investing, it is important to understand three aspects surrounding risk; what it is, why it’s important, and…

Whenever or however you choose to invest, there will always be risk involved. Luckily, there are strategies you can adopt to manage this risk in the best way possible for you and…

Freeing up working capital can help businesses fund growth, reduce debt levels and lower costs. One way to improve working capital is by managing your accounts receivable. Many businesses fall into the…

The ability to manage cash flow is a critical tool for business owners. Incorporate the following cash flow tricks to keep the money coming in and the business running smoothly. Make payment…

Poor cash flow is one of the biggest reasons why small businesses fail. A healthy cash flow allows you to operate your business free of hassle; allowing you to pay your staff…

If improving your finances is on your resolutions list for 2018, you may be searching for ways to make your money work smarter for you. Fortunately, a few simple changes can see…

Many start the New Year with an optimistic list of resolutions. Not meeting those resolutions many months later is all so familiar too, especially when it comes to financial goals. Setting unrealistic…

Managing debt in your small business is essential to maintaining the financial health of your business as well as preventing bankruptcy. Consider the following tips to ensure your small business debts do…

Following up on customers that don’t pay their bills is a nuisance, but unfortunately, it is part of running a business. There are ways you can protect your business and take action…

Not keeping track of your credit balance can be a hard but an important lesson many individuals can learn from. Thanks to interest and fees, many individuals may pay for more things…

Good credit management is an important business strategy to maintain cash flow and stable finances. A cornerstone of managing credit is not only making sure an invoice gets paid, but gets paid…

Managing money on a student budget can be challenging but it does not have to be burdensome. With the right financial skills and knowledge, you can learn to manage your money more…

Joint accounts can be a great financial tool, but they can also be the source of conflict for partnerships. Before setting up a joint account, consider the following pros and cons to…

A loan can be great help. It can assist you in achieving your goals faster, such as buying a house, purchasing a new car or getting your business up and running. However,…

Keeping business records up to date and in order isn’t necessarily a habit that comes naturally to all business owners. With owners needing to be on top of essentials like expenses, cash…

There are many rewards when working for yourself; no boss, freedom to choose your own hours and some lifestyle perks. However, self-employment also means you are responsible for balancing your personal and…

Getting a good loan can save you thousands of dollars in fees and interest, so it is important to shop around for the best deal. There are many considerations when choosing a…

Getting your tax refund back is exciting, but as tempting as it is to splurge, consider other ways you can put that money to good use. Consider the following options: Add to…

There are no steadfast rules for saving money. Everyone’s financial situation is different; people earn different amounts, need to save different amounts and have varying expenses. Luckily, the following tips can apply…

Getting into debt is not usually something you plan for; you may have an emergency fund but sitting down and planning how to pay off debt may not be something you have…

Budgeting in relation to your small business can make the difference between business success or business failure. A budget helps you keep a better eye on your expenditures and hence your profit…

Term deposits are an easy and secure way to invest your funds. But it is always a good idea to do your research and shop around first to find the best return…

The ability to manage cash flow is a critical tool for business owners. Incorporate the following cash flow tricks to keep the money coming in and the business running smoothly. Make payment…

Rejecting a sales pitch can be difficult when dealing with a persuasive salesperson – however, having additional time to think about their offer is much more beneficial in the long run. Salespeople…

Saving money should be a priority in any business. The ability to cut costs on the overheads involved in running a business is a skill that can set you apart from others…

Owning a business will, especially for new business owners, entail a number of fees and costs that can reduce profits. Luckily, there are many ways to save money on overhead costs. Below…

Interest-only loans have grown considerably in Australia over the past few years. However, a recent crackdown from the Australian Prudential Regulation Authority on this type of lending highlights the risks of these…

Unit trusts are a way of holding assets and are most commonly used as a form of investment strategy. A unit trust is a particular type of trust that allows individuals to…

With banks conducting careful research to determine a business’ risk factor, it is more important than ever for businesses to maintain a good relationship with their bank in order to safeguard their…

Making more business sales, especially through slow periods, can seem difficult. With rising overheads and limited cash flow, increasing sales is likely to be high on the agenda. Fortunately, business owners can…

In Australia, there is currently $1.1 billion worth of unclaimed money. Unclaimed money usually eventuates as a result of people moving often or moving internationally, and some people simply forget or do…

The ability to be smart with your finances in order to make more money is not always easy. We live in a society where we are encouraged to consume, and we often…

Credit scores are an impact factor in determining an individual’s credit worthiness. When an individual applies for a loan, such as a mortgage or car loan, a credit provider will use a…

Ultimately, every investor is different. However, when looking to invest in any startup company, there are a number of boxes you will need to check regardless of who decides to invest in…

Although, some business owners may be apprehensive at the thought of increasing prices, it is an inevitable and necessary part of business survival. While most customers may not be thrilled by the…

Business fraud is a significant and growing issue for small business owners. Although fraud is not completely unavoidable, there are ways businesses can protect their private and confidential information. Here are five…

Financial ratios are useful tools for business owners to monitor, analyse and improve their business performance. A financial ratio contains one or more financial figures and is expressed as a ratio, rate…

It may seem obvious that business growth can only occur when there is money available for reinvestment. However, many businesses do not consider this when budgeting and planning their long-term finances. One…