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August 2016

Teach your kids to be Savings Superheroes!

We all want our children to grow up to be financially savvy. At Finance Detective, we know better than anyone that it’s an important life skill… The foundations we lay today, will help our children manage their money as they grow into adults. By helping them develop an appreciation for money and teaching them how to value every dollar today, you are giving them the skills to cultivate a prosperous financial future. So how do we teach them these valuable skills? Here are our tips: Make it fun It’s important to make saving fun. From an early age you can …

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How to get the most from your tax refund

So you’ve just met with your accountant and received the exciting news that you’re getting a tax refund. Congratulations! Immediately, ideas start rushing through your mind on how to spend every last dollar. A new TV, bills, credit card debts, a shopping spree, so many options! But are you spending it efficiently and effectively? It’s important to get the most out of your tax refund so you can manage your current financial situation and reach your goals sooner. Let’s take a look at how Australians spent their tax refunds in the 2014/2015 financial year. According to Moneysmart’s website, people spent …

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