The Credit Savvy Team would like to wish you a safe and happy holiday season!
Now, I think I’m pretty good with money. I’m not in debt and I always have cash left over each month to put into my savings. I’d like to rate myself a solid above-average when it comes to money management. But as a twenty-something, living in Sydney and trying to save up for a home deposit, I wondered if there was anything I could do to turbo charge my savings. Here’s where my 30 day money challenge came in. Yes, I could have done this for a whole year, but I’m Gen Y and afraid of commitment, so 30 days it is! My money challenge was very simple: spend less, save more. What could go wrong? The first thing I did was look at where I was keeping my money. My transaction account, where my paycheck is deposited, doesn’t have a monthly account keeping fee or ATM withdrawal fees, so…
Our recent Credit Savvy survey has revealed that Aussies are split down the middle when it comes to spending at this time of year. Just over half of us (54%) don’t set a budget for the holiday season and one in three spends more than they can afford during this time. The credit hangover appears to linger into the New Year, with nearly a quarter (22%) of us taking three or more months to recover from overspending. In fact, one in five Aussies are nervous about the impact of holiday spending on their credit score. On the other hand, 52% save during the year specifically for the holiday season, and just 7% of us take out a new credit card to pay for spending during this period. When it comes to paying for our purchases, it might surprise you to learn that cash is king, with most Aussies paying for…
The holiday season is upon us! Make sure your finances are in order with Credit Savvy’s financial checklist.
Take control of your credit reputation today and check out these 5 reasons to monitor your credit report.
Thinking about enlisting the help of a credit repair company to fix your credit reputation? Check out our blog post first to learn about the risks!
Heard about Payday Loans but not sure what they are? Check out this blog post to find out what you should know.
Exposing too much of your personal information in your everyday life? What can you do about it? We’ve got 5 tips to help protect yourself from identity theft.
Happy End of Financial Year! If you’re falling a little short of your 2015 New Year’s resolutions, now is the perfect time to start fresh.
My partner’s already got their credit score so I don’t need to bother, right? If only! You definitely should.