Her

Money

Five smart financial strategies to beat rising cost of living

  • Written by her.net.au




Five smart financial strategies everyone should be doing as interest rates and the cost of living continues to rise have been revealed.

Personal finance expert Melissa Browne, founder of My Financial Adulting Plan, encourages others to become financially literate to reach personal money goals by saving for an emergency fund, thinking long-term, diversifying investments and living below your means. 

The Daily Mail Australia reports: 'The problem is, we're also in a time of falling financial literacy, which means we know we should be doing something, we're just not sure what,' Ms Browne said

The Reserve Bank of Australia hiked up interest rates for five straight months this year in attempt to curve inflation.

Read the full report here.

Photo: Josh Appel/Unsplash

More Articles ...

  1. New book teaches Aussies how to build a property portfolio

The Importance of Choosing the Right Paint for Your Home: A Guide for Melbourne Homeowners

When it comes to home improvement, few projects can have as immediate and impactful an effect as painting. Whether you're refreshing your living room, giving your kitchen a new look, or preparing your home for sale, selecting the right paint... Read more

Tradies: How to Not Get Ripped Off

It’s 2024 everywhere except in the trades industries, where it’s still 1950. As any woman working in a trade and you’ll be treated to tales of blatant sexism in the workforce. The old jokes about mechanics over-charging women, still aren’t... Read more

How Regular Dental Checkups Can Improve Your Health

Regular dental checkups are essential not only for maintaining a healthy smile but also for improving your overall health. Many people underestimate the impact that oral hygiene can have on their general well-being. By visiting your dentist in Bundoora regularly... Read more

A Guide to Maximising Your Visits to Your General Practitioner

Regular visits to your general practitioner (GP) are essential for maintaining good health. However, many people don’t fully utilise these appointments, potentially missing out on valuable advice and treatment options. By taking a proactive approach and being well-prepared, you can... Read more

How to Evaluate the Safety and Effectiveness of Beauty Treatments

When considering beauty treatments, evaluating their safety and effectiveness is crucial to ensuring you achieve the desired results without compromising your health. With numerous options available, from skincare procedures to non-surgical enhancements, it's important to make informed decisions. Here’s a... Read more

How to Maximise Light Control and Privacy with the Right Blinds

Choosing the right blinds for your home can significantly enhance both light control and privacy. With a variety of options available, it’s essential to understand how different types of blinds work and how they can be tailored to meet your... Read more

Magazine

Free mental health webinars for Mental Health Month this October

Despite technology (or perhaps because of it), our lives seem to be busier than ever, and we are less connected. Many of us fe...

5 Great Ways to Imbue Your Rental Home with Timeless Australian Style

Australian interior design is quite unique, and chances are that you would be able to spot an Aussie-style interior even if you ...

Guide to an Action-Packed Summer in Lake Mac

Panning a fun-in-the-sun getaway for the summer holidays? Don’t risk delays and cancellations at the airport, grab the family an...