1. Money Health Check Take the first steps towards a better financial life

2.  Where is your money?  Budgeting  Home loans  Credit cards  Saving  Superannuation What we will cover 2

3. How much money do you have?  Your home  Super  Investments  Savings  Your possessions Where is your money? 3

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6. A plan, what you expect to: ›Receive (e.g. income) ›Spend (e.g. bills) What is a budget? 6 Why budget? Helps you organise your spending: ›Spend money on the things you really want Achieve goals: ›Save for big things

7. MoneySmart’s budget planner 7

8. Under control? ›Make extra repayments to get ahead and save thousands in interest Got a home loan? 8 Struggling a bit? ›Start making changes now ›Get help

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10. Under control?  If you are paying off your credit card balance in full each month then you are in control. Struggling a bit?  If you can’t pay off your bill in full, make sure you pay more than the minimum repayment and work down your debt as quickly as possible. Got a credit card? 10

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12. List your goals  Work out how much money you need.  Identify where you can make savings. Tip: Set up automatic transfers from your everyday account to a high interest savings account. Saving 12

13. Save for a $3,000 holiday in 1 year Find the money: Take lunch from home instead of buying ›Saves $5 per day = $1,200 per year Use the work coffee machine instead of going to the cafe ›Saves $3 per day = $720 per year Buy home brand or discounted staple foods instead of big brands ›Saves $25 per week = $1,200 per year Enjoy your trip! Saving 13

14.  Your employer pays money into your super account (usually 9%)  Super money is invested by your fund and you can access it at retirement  You can add more from your own money  Is your super on target?  Use MoneySmart’s retirement planner to find out Superannuation 14

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17. Questions? www.moneysmartweek.org.au www.moneysmart.gov.au © Australian Securities and Investments Commission