The Barefoot Investor offers advice on personal money management, investing and gaining 'financial freedom'. This book is easy to read and includes concrete instructions that are easy to follow. If you’d prefer to try before you buy, check out some of the articles on the Barefoot Investor website to get a sense of the author’s style of writing and the types of advice he shares.
The budget planner we used in the face-to-face workshop is one of thousands of budgeting templates you can use. This one was taken from the Money Smart website, created by the Australian Securities & Investments Commission. They’re a government organisation who enforce and regulate financial laws to protect Australian consumers, investors and creditors. In addition to budgeting, the website offers tips about how to manage debt, invest your money and save for retirement.
As at 30 June 2018, there was almost $18 billion in lost and unclaimed super at the Australian Taxation Office (ATO). Could some of this money be yours? This article by the Australian Tax Office provides advice about how to claim lost and unpaid superannuation.
If you’d like to start making additional contributions to your superannuation, go to MyTransport and search ‘Superannuation – Additional Contributions form’.
If you’re interested in learning more about novated leases
with Maxxia, visit their website or
contact Allanna Lakin.
It’s great to hear that so many of our grads are already using apps and websites to help them manage their finances! See some of their recommendations below:
Pocketbook is a Sydney-based free budget planner and personal finance app that helps users setup and manage budgets, track spending and manage bills. The app can link to your bank account to help track your spending.
You Need a Budget (YNAB) is a personal budgeting program that can be accessed via your computer, phone or tablet. For a small fee, the software allows you to categorise your daily spending and save for long term financial goals.
If you have another resource that works for you, email it to the ELTP team to share it with the other grads.