The financial future is never certain in a turbulent global market and this can be worrying for Australians. However, according to the Your Money team, it’s easy to make your 2013/14 financial year much better than the last if you take care with the costs you can control. Here are some basic tips to make this year more financially viable.
Banking
There are plenty of no-fee bank accounts that you can sign up for, so if you’re paying transaction charges then drop the costs.
Debts
Tackle the debts with the highest interest rates first to get these costs off your back.
Superannuation
Be sure to check your super and manage the risk you are exposing your fund to. You should also try to contribute whenever you can for a better retirement fund.
Household expenses
Review all of your household expenses every six months to ensure you aren’t paying too much.
Savings and investments
Start investing whilst you’re still young and spread your investments across a few ventures to protect yourself from losing all on a poor investment choice.
Source: http://www.heraldsun.com.au/money/top-50-tips-to-make-the-most-of-your-money/story-fni0cms4-1226686531752
