On The Money.

Worrying about money can take a serious toll on your mental health. Sometimes financial worries are the result of events outside your control, such as a devastating weather event or an illness that means you can’t work.

Many of us are feeling the pinch lately with the cost of everyday items rising and the highest inflation Australia has seen in 20 years. But even when finances are tight, it’s still a good idea to put money aside in case something urgent or unexpected comes up.

With the uncertainty about how high rates will go and considering how we’ve been used to low interest rates over the last decade, now is a good time to think about what higher interest rates will mean for you.

The Government have proposed changes to the Commonwealth Seniors Health Care Card thresholds following the first major review of the limits in a number of years.

As parents, we want to provide a quality education to the next generation. Education is not just about learning in a classroom as there can be additional expenses such as music classes, uniforms, school trips and studying abroad etc.

An inheritance is something that you rarely wish for, but how you best deal with this emotional decision is very personal, although definitely worth careful and informed consideration.

Making a savings habit stick isn’t easy. Wisdom says that making a savings goal specific helps, as does having a visual reminder of what you’re saving for and lots of positive feedback as you make progress. You’ll get all this and more when you use the Beyond Bank+ app to make it easier to kick those savings goals.

Interest rates are rising in Australia because inflation is increasing. Inflation has increased for a range of reasons, including disrupted supply chains, a shortage of talent and natural disasters. The Reserve Bank has lifted the cash rate in an effort to dampen demand for goods and services and contain rising prices.

How you spend your money can make a difference in enjoying your life, both now and in the future. So it makes sense to know where your money goes from one week to the next. But while there are so many ways to buy – in person or online – getting a bird’s eye view of your spending is a lot harder. That’s where the Beyond Bank+ app comes in.

In our digital-enabled world, it’s never been easier to set up new ways to spend, save and pay your bills. But with so many transactions and accounts to manage, keeping up with all your money admin can get tricky. That’s why Beyond Bank are bringing you a first in personal banking – an app designed to do all the heavy lifting with your finances.

From young families to grey nomads, there’s high demand for campervans and caravans to explore the amazing landscape we call home in Australia. If you’ve ever thought of splashing out on a caravan of your own, now you can turn it into an investment with new services designed to connect owners with travellers.

A comfortable retirement doesn’t have to be a dream for the few. Our National Manager Wealth Management, Jeremy Quartermaine, believes that with a few small tweaks, many people can boost their superannuation balances to levels they might not have dreamed about.