Top 10 money-managing websites 

Starting the year with a clean(er) slate will make you feel much better.

Top 10 money-managing websites 
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Tidying up your finances as the year ends may not seem like fun, but starting the year with a clean(er) slate will make you feel much better. 

1. Get educated
Everyone assumes that they know how to budget but if, at the end of the month, you’re left with nothing, then maybe a refresher is needed. Many TAFEs run short courses on how to manage money, budgeting and borrowing money. 

2. Create a budget

You may think you know what you have coming in or, more importantly, what you have going out, but a few dollars here and there can make or break a budget. Creating a budget doesn’t have to be complicated, but it does have to be realistic. Get tips on how to create a budget and stick to it by managing your income and expenditure. You can also download the budget spreadsheet, which can be used online or in Excel format.

3. Save for a rainy day
With the best will in the world many people resolve to save more, but seldom does the money ever reach your savings account. A direct debit will ensure the money goes directly to your savings account, removing any temptation to spend rather than save. Using a savings calculator can help you understand the benefits of compound interest on your nest egg.

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    30th Dec 2013
    It would be nice if all these things were as simple as you make out.
    There's a small unclaimed amount owing to myself, the brother, and his wife from when we were in partnership 30 yrs ago.
    I examined the process to claim it, and the process involves producing partnership agreements, more proof of ID than if you're opening a bank account, certified copies of every piece of paper associated with the money - and about 10 times the amount of money and work, than the value of the unclaimed money, to claim the missing sum.
    I won't be doing it, it's just not worth the hassle of trying to find paperwork that no longer exists, finding a JP to examine and sign everything, and the running around involved.

    As far as the credit file goes, this is a joke. Veda control all credit files and refuse to hand them over unless you pay them money - even though they are obliged to provide them free of charge.
    I have tried numerous times over several years to acquire a copy of my credit file (by writing a letter), and in every case - because I requested a free copy, my request was totally ignored.