4 money mistakes I made so you don’t have to Guest post from Vincent Turner From investing in an almond farm in Adelaide to spending too much on an (unseen) apartment in Queensland, I’ve made my fair share of mistakes with money. As the founder of online mortgage broker uno Home Loans, I now take great pride in helping other Australians save money on their mortgages. Here are four pieces of advice around money, based on some mistakes I could have avoided. 1. Be wary of investing in anything claiming to be ‘tax effective’ In my experience, tax effective is code for, ‘It’s going to lose some mon ..read more

This post is a collaboration between Get Money Wise and Electricity Monster According to data from Carbon + Energy Markets MarkIntell, us Aussies pay the highest electricity prices in the world. Crazy right?! If you are like me it is one of the larger bills you receive each quarter. So I thought I’d take up the challenge to see how I could save on my electricity bill over the next quarter. What sparked the change As most readers will know, we moved out of Sydney last year to purchase our family home mortgage free. While I love the space that our new 4 bedroom home gives us, I have noticed a bi ..read more

F.O.M.O and F.O.N.G.O – two little acronyms that can have a big impact on your money-related decisions. Whether you’re getting into the stock market, investing in cryptocurrency, throwing cash behind a start-up or buying/selling property, fear can play a big part in your decision-making process. Fear is something that can really hold you back BUT a little fear can also keep you on your toes and alert you to potential dangers that you should steer clear of. Let’s take a look at the two main types of fear that can affect your money and how you can harness them for good (and when you should stick ..read more

To celebrate Mother’s Day this weekend I’m excited to share with you this guest blog from Kirsty Lamont from Mozo all about money wisdom from Aussie Mums. There’s more than a little bit of truth to the age-old adage; Mum knows best. Whether it be some soulful counselling after your first heartbreak or much-needed guidance when you first move out of home, mums are usually there to give us a tidbit of tried and tested wisdom, and that’s certainly the case when it comes to managing our money. So with Mother’s Day upon us, I quizzed the staff over here at Mozo about some of the most sage money adv ..read more

You may have noticed there has not been a lot of new posts on the site lately. I’ve been busy working away on writing for my clients as part of my copywriting business so sadly I don’t get to post as often as I’d like here.  So I’ve reached out to some of my online buddies who are also a part of the financial independence and money blogging community who have been kind enough to offer a guest post for us.  I am most excited to introduce you to Mr 3000 who blogs over at 3000 days.  He is a new Aussie blogger on the scene and only just starting out on his journey to financial inde ..read more

Guest post by Bessie Hassan Australians’ use of debt finance is ranked one of the highest in the world, with our use of home loans, car loans and personal loans ever increasing as the cost of living heads north. As borrowers seek affordable finance options, an emerging finance trend we’ve seen over the past couple of years has been the rise of peer-to-peer (P2P) lending. P2P lending removes the need for an orthodox lender, such as a bank, and instead connects investors and borrowers via an intermediary lending marketplace. Some common P2P platforms include RateSetter, SocietyOne and Marketlend ..read more

This might seem like a bit of a strange topic given we are looking to retire early and a major part of that involves saving money not spending it. But hear me out. Spending money on “stuff” in general usually just adds a lot of clutter to our lives. But there is one circumstance where spending a little more money can pay off and make you happier? Have you guessed it yet? It’s time. Spending money to save time pays off. There was a study where people were given $40 to spend either on stuff or on a service that helped them to save time. The findings were that there were more feelings of sat ..read more

The average Aussie credit card debt after Christmas is $1,666 with a whopping 82% of people taking up to 6 months to pay it off and 18% taking even longer! If you are stressing out leading up to Christmas and aren’t sure how to go about having a fabulous time and not getting credit card hangover, look no further. 6 Aussie bloggers tell how they celebrate Christmas in a frugal and fun way. Whether it is traditional family time, fabulously frugal food, or neat savings ideas to take the stress out of your holiday season –you’ll find some great reading here. Check out ‘Christmas around ..read more

You may have noticed I have not been posting much lately.  As I mentioned in my last quarterly update we recently sold our home in Sydney. Since that time that place has settled, we have moved up to the Mid North Coast of New South Wales where my husband grew up. Whilst we have been staying with family for the past month or so I am excited to say that as of a week or so ago we moved into our very own family home – mortgage free! So between packing and moving as well as taking my freelance marketing business full time, unfortunately, I have had little time to get online and give the blog t ..read more

I know broad statements about gender are risky. As the way someone approaches their finances is an individual as can be. But there is no denying that there are some trends and studies that show a difference in the way men and women view investing. You only need to take a look at some of the bloggers in the personal finance space to see some of these trends emerging. There is a lot of blogs by women that are focused on budgeting, saving and being thrifty. Whilst most of the bigger names in the financial independence and early retirement blogosphere are males (think J. Money, Mr Money Moustache ..read more