A spike in single income households looms as COVID-19 ravages jobs and families. Single incomes also stem from breakups and new babies, and financial advisor and author Helen Baker says cutbacks will be necessary. If you have a household budget revisit it, and adapt it to your changed … [Read more...]
5 budget-busting hacks to set yourself financially free
1. LOOK AT YOUR MONEY HOLISTICALLY It’s easy to look at our money in different silos: this is what we owe, this is what we have and this is what we expect to come in. But you have to consider all your money as a single pool to work out what represents the best overall value for you … [Read more...]
How to get back on track financially after COVID-19
Helen Baker OYOTF · Helen Baker On PakMag podcast Helen Baker is a guest on PakMag Parents Podcast hosted by Bree James. Money is getting tight for many families. When non-essential businesses were forced to shut, and many people were unexpectedly out of work, we were still faced with bills … [Read more...]
5 ways to teach your kids about money
This article was first published in Mum's at The Table Just as our kids need to know about stranger danger, safe driving and safe sex, they need to know about money - where it comes from, how it works and how to use it wisely. Talking about money will help your children to better create … [Read more...]
How to set rules when adult kids move back home
This article was originally published in Money Magazine For years, Australia has seen a slow rise in multi-generational families, in part because of high real estate prices for homeowners and renters (particularly in Sydney and Melbourne), more years studying before entering the workforce, high … [Read more...]