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 Australia’ posts from;
Growing up I always loved Christmas time. My dad headed up the social club for the organisation he worked for at the time and one of his tasks was to arrange the Christmas party for the company.
It was a HUGE company so there was heaps of coordinating to do. Me and my two sisters over a few after-school sessions would have a production line going in the lounge room making up lolly bags for hundreds of kids.
Note from Cath: Today we have a fantastic guest post from Leila, the creator of the awesome website Child Friendly Dining – it is the place to find all the best cafes, restaurants, play centres and Bar & Bistros that cater for kids.
I know some of you might be thinking it doesn’t make sense to spend your money on eating out. It is cheaper to cook at home. This is true, but a splurge every now and again I think is perfectly OK.
For us, we often head out on a weekend for lunch with our girls. Even the Barefoot Investor talks about being able to go out for date nights.
So for that reason Leila has joined us today to fill us in on how to get the best bang for our buck.
Families love to eat out, but we can’t always afford that luxury. According to recent studies, the average Australian household eats out a whopping two or three times each week!
Dining at restaurants and lunching at cafes is often the first thing to get cut from the family budget when things get tight.
Follow these eight simple steps to control your dining and save money to treat your loved ones to a relaxed family meal – free of any cooking, dishes and mess!
Know Your Limits
Putting a cap on your eating habits can help you not to splurge. Before you go out, set yourself a budget, be mindful about the prices on the menu and don’t over order on food and drinks.Continue Reading →
Paying off your home loan faster is a common goal that many readers share with me as part of the Kick Start your Wealth Challenge. As someone who is looking to retire early, owning a place mortgage free is high up there on our families list of goals.
Note from Cath: I have a very special guest on the blog today – Serina from Ms Frugal Ears (you can learn the inspiration for her site name over on her blog).
Since starting this site I have discovered that the personal finance blogging community is a lovely bunch.
No one I have come across see each other as competition, just another person looking to share their knowledge and help other people to understand their finances better.
What is really cool is that Serina and I actually both started our savings and investing journey in the same place. We were a part of an online savings forum back in the day before Facebook Groups where all the rage.
So without further ado over to Ms Frugal Ears for today’s guest post.
My goal is to become a billionaire. My stepping stone goal is to pay off my mortgage. Then I want to grow my net worth to one million (who wants to be a millionaire? I do!), then to double that to have $2 million net worth by 2020.Continue Reading →
Having a holiday and some relaxation time away from work does not have to cost a fortune. Having recently returned from our trip to Hawaii it inspired me to share some of my money saving travel tips.
It can really pay to have a bit of flexibility in terms of the dates that you travel. Even the time of day that you fly can have a significant difference in the price that you pay for flights.
You can often get some great deals in the shoulder or low season. I managed to score 40% off our accommodation in Hawaii by booking online during a Click Frenzy special.
Some other sites that I have used in the past are Groupon, as they often have package deals that are great value.
I also like to compare the cost of hotels at booking.com since they have a massive range featured on their site. And they have a best price guarantee and no cancellation fees so they have become my go to website to book through.Continue Reading →
However, as we move more and more to a cashless society, the father and son team behind the Acorns App has given us an option to squirrel away our spare change.
Except this time the change is invested virtually in a diversified portfolio.
How does it work?
Launched in Australia in February 2016 Acorns Australia followed in the footsteps of the launch in the US. It is an App that you download and link with your current bank account and credit or debit cards you might like to link up.Continue Reading →
Since working in loyalty marketing, I have the annoying habit of signing up for every loyalty program there is available. Mainly for research just to keep on top of what everyone else was doing in the space.
One thing I have learned over the years is that us loyalty marketers love a good trigger campaign. And birthday are as good a trigger as any to prompt a special offer.
My husband celebrated his birthday last week. Nudging ever so close to the big 4-0. His inbox was overflowing with special offers.
So if your birthday is coming up soon, I have compiled a list of 30 birthday freebies in Australia to take advantage of.
What you get: Free smoothie
How you get it: You need to be a member of the Vibe Club, which is handy to be a part of any way as you can avoid the wait times when you order a juice by ordering in advance on the App.Continue Reading →
Have you ever heard the saying, ‘money won’t bring you happiness’ or ‘money is a necessary evil’?
This is the underlying negative message we hear a lot in society. Even in Hollywood films, characters with lots of money are often portrayed as the greedy and selfish villains.
So, our relationship with money begins.
Just the other day I experienced this on a Facebook Group that I am active in. It is a group for mums to chat about finances and one of the mum’s asked a straightforward question about whether the changes to childcare rebates for high income earners were based on pre or post tax income.
Well didn’t the knives come out! This lady was not being arrogant, not once did she big note herself, in fact she even acknowledged that she doesn’t begrudge people on low incomes doing it tough and thinks they deserve the assistance.
All she was trying to do was to see how her finances would be affected by the change.
Sure enough the post turned into a slanging match of people saying that she doesn’t deserve anyContinue Reading →