Author: MoMa Team

Now is the perfect time to pay a great deal of attention to an important area in your finances — achieving new goals. Creating and sticking to a new financial plan can be the single best thing that you do this year. With the help of a budget, it will force you to take a … Continued

Many people avoid talking to colleagues about their salary or what they earn. However, how would you know if you’re getting paid what you’re worth? Learn how to negotiate to get what you deserve by reading these tips on how to up your salary. Do market research about salary You have to know your value … Continued

Making your dream wedding come true can be expensive. An average Australian wedding costs around $36,000. According to a survey by Moneysmart, 82% of groom and bride used their savings to pay for their wedding. Another 60% got a personal loan and 18% used their line of credit. Worst case scenario is debt will follow … Continued

Are you expecting a salary increase in your next review? It may not always be possible so you better consider these non-cash benefits as alternatives to your pay increase to suggest to your employer. Negotiating a pay increase can be a long shot especially with the current economic reality in which your financial expectation cannot … Continued

The “improve my health resolutions” you have set for this year could be the key to also improve your wealth. Every year we plan on some sort of change that we want for ourselves, such as losing weight, getting fit, giving up drinking, or even getting more sleep. But usually, you start to work on … Continued

If you need quick cash, there’s a couple of things you could do: get a short-term loan or use a credit card. With a short-term loan, you just have to complete the application process and if you get approved the funds would be transferred to your account on the same day. With a credit card, … Continued

As long as your personal finances look healthy, you should include guilt-free spending into your budget. Here’s why. As you spend more time at home the past couple of years, your budget may have changed dramatically. Aside from taking care of your budget and savings, and allocating an amount for spending, you may also want … Continued

A budget is made up of income, expenses, and savings. These savings can be determined on how much money you have left after you’ve subtracted your expenses from your income.  MoMa has put together some handy tips to help you get into the habit of budgeting, stick to it, and make it more fun!  Use … Continued

Budgeting is the key to achieving your financial goals. It can be overwhelming, but you don’t have to be one of those people who fall for budgeting myths and excuses, which can be a hindrance for you to come up with a reasonable monthly household budget. Here are some of the commonly heard ones. Myth … Continued

As premiums rise faster than wages or inflation, most Australians, young ones in general, are discarding health insurance and do not consider it a top priority. Should they reconsider? Is it a good investment?  Free healthcare  Do you really need health insurance in a country where there’s already access to free healthcare? This depends on … Continued

With the increasing price of petrol, you want to drive as efficiently as possible so you can conserve fuel and save money. These easy tips can help you save bucks on fuel and make your car go further between refills. Use your car less Plan your trips and combine the smaller ones as multiple shorter … Continued

The challenge to maintain a household budget is real, with the cost of living becoming increasingly expensive for many families. How can you reduce your spending at home when food, electricity, maintenance, and other expenses eat up most of your income? Here are some useful tips to try. Weekly menu By planning your meals every … Continued