YYQ9F2Q8


2013 will be the year of Aussies sorting out their finances according to a new survey conducted by ethical superannuation fund, Australian Ethical.

Seven out of ten Australians have said that looking after their finances is at the top of their priority list for the New Year and superannuation being one of the biggest life investments.

But the same survey showed that almost half of all Australians don’t read or aren’t sure how to read their superannuation statement.



Spokesperson Paul Smith, an investment expert with Australian Ethical, is available for interview about Australian’s financial priorities, shares his best money saving ideas:


1. Set goals

It might be a holiday, a house deposit or your retirement that is top of your savings agenda. Whatever it is, it’s much easier to make wise long-term choices with your money when you have a goal in mind. 



2. Write a budget

Once you have goals, writing down a simple budget and regularly checking that you are sticking to it can help you achieve them.


3. Get your super sorted

Simple actions like consolidating your super into one fund and checking that you are happy with your choice of investment options can make a big difference when it comes to your retirement. 

4. Pay off expensive debt first

If you’ve got any sort of debt, for example credit cards, a car loan or mortgage, always try and pay down the most expensive debt first. Most likely this is credit cards. If you don’t pay off in full each month, it’s likely that you’re being charged a lot in interest. Work out a plan to pay them off as soon as possible.



Remember though that everyone’s personal circumstances are different. These are general tips that may not be right for you. We encourage you to seek out independent financial advice. Contact Australian Ethical if you do not have a financial adviser and wish to find one who is aligned with your values.

What’s your best money saving tip?