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MONEY HABITS

Sunny's Money Truth Bombs

15 August 2018

Are you ready to hear some truth bombs about Australian’s spending and saving habits? From buying a home to the cost of kids, managing your living expenses to being smart around payday – knowledge is power, as they say, so watch on!

Meal delivery costs

Before you order that pizza, consider getting creative in the kitchen instead. It’s one way you can fast track your savings for your next holiday!

The cost of kids

Having kids can be expensive! It’s never too late – or early – to start a saving for your family.

Payday

Aussies love to shop, but could your hard-earned dollars go further? Why not save your shopping for the sales – you could get more for less.

Impulse purchases

Many of us spend our money on impulse purchases, but putting your money into a savings account can earn you interest. Seeing your dollars stack up might also make you think twice about buying things you might not need right now.

Wedding costs

Weddings can cost thousands, and no one’s saying they’re not worth it, but to ease the financial strain it can be smart to create a savings plan. That way, you can get on top of your finances, understand your budget and focus on what really matters for your special day.

Read more on Learn About

References:

The facts and figures in Sunny’s truth bombs come from the following reports: Australian financial attitudes & behaviour tracker – September 2014 – February 2015, The Household Income & Labour Dynamic Australian Survey (2014), Mozo’s Annual Cost of Lifestyle Report (2017), Ipsos, Enhanced Media Metrics Australia (2014), Suncorp Bank, Cost of Kids Report (2016), The Household Income & Labour Dynamic Australian Survey (2014)

Information is intended to be of a general nature only and any advice has been prepared without taking into account any person's particular objectives, financial situation or needs. You should make your own enquiries, consider whether advice is appropriate for you and read the relevant Product Disclosure Statement or Product Information Document before making any decisions about whether to acquire a product

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