Man with a rope tug a war with money a dollar sign

Saving Up – It’s Hard To Do On A Low Income

March 19, 2018
, , , Budgeting

When you’re in your 20s, you will most likely be on a limited income. You may even be struggling on a minimum wage. That’s a problem because according to experts, you should be saving up to 20 percent of your income each month. This means experts recommend that a significant portion of your income is stored away for the future. Unfortunately, for many people, this just doesn’t seem realistic. With the bills, the unexpected costs and the little things we need, there never seems to be a lot left at the end of the month. How should you deal with this?

How many times in your 20s did you find yourself on your last $50 scraping the barrel till payday? Looking back, you probably spent a lot on things you didn’t really need, like monthly bedroom design updates.

These habits are simply unsustainable. Now that you’re getting older, wiser and more responsible it’s time you built in some good savings habits. Read on for some real tips that take into account the fact you still want to have fun on the weekends.

 

Get A Second Income

You should certainly think about setting up a second income for yourself, especially if you are single. Financial experts tend to agree that without a second income, you will struggle with both spendings and savings each month. We’re not suggesting that you start working both days and nights. Instead, you should be looking for a side hustle. This is something that you can accomplish in your spare time to add a little extra cash. An example of this would be tutoring. If you have any academic skills, then you can easily make a little extra money helping students get passing grades.

If you can afford to survive with your first income, make sure you put all the money accumulated from your side hustle into savings. Don’t fall into the trap of just spending more of the money you make.

 

Build Your Brand

Obviously one of the best ways to deal with a low income is to make sure that it rises in the future. To do this, you need to think about how to obtain a greater position in your career. You can accomplish that by building up your brand online, getting the right attention from potential employers.

Consider setting up your own website. With a website, you will be able to build up a career history and highlight some of your unique skills that will make you a valuable asset. Setting up a website doesn’t need to cost you anything but paying a little extra could ensure that you gain significantly more leads online.

 

Buy Into Budgeting

Finally, you might discover that the reason you’re struggling on a low income is due to the fact that you are simply not budgeting effectively. Here’s how to budget.

  1. First, think about how much you make each month, then subtract all the bills you know about and a 100 or so extra for the ones that could take you by surprise.
  2. Once you have done this, you should then halve the amount left and put that towards savings. Don’t worry if it’s a fairly small amount, every little will help in the grand scheme of things.
  3. The money in the account after this is what you have to spend on little luxuries. It won’t be a lot, and you’ll be tempted to crack into those savings.
  4. That’s why you should treat savings as a tax, a direct debit that leaves your account at the end of each month. That way, you’ll have no choice but to save.

Take this advice, and even on a low income, you should find saving is a lot easier.

Saving Up – It’s Hard To Do On A Low Income

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Thus, you can see simple changes have a direct impact on your budget and savings.

If you are looking for quick loans, a Cigno loan might be right for you.

To apply, simply complete our quick and easy online application and send us a bank statement. Receive up to $1000 in your account with our same day loans offering manageable repayment options. For details, contact us.

Read the original source article: here

 

 

lamp on a side table in a white bedroom

Decorate Your Home In Style, While On A Budget!

February 28, 2018
Budgeting

Renovating your home can be very expensive, particularly if there are structural issues at play. Sometimes, these renovations need to be set back by weeks, months or years to ensure you have the finances to cover the cost. But when you are in the headspace of renovating, all you really want to do is get stuck in!

So, what to do if you can’t perform those much needed landscaping duties? Taking out walls and adding a new bedroom, bathroom, or entire floor? Why not focus on the surface? Renovating your interior decor is easy, and it doesn’t have to be expensive! It’s always nice to make a change, and decorating your home is the easiest way to do that. Below you will find a great list of ways to begin your home makeover on a budget!

If you are trying to save money and spend less, doing up a room might seem low on your list of priorities. But there’s good news. You can do it anyway. You can makeover a room for a song these days, if you are super clever about it. Read on to find out how.

Love Paint

Paint isn’t too expensive, so it’s a good place to start on your budget makeover. Of course, doing something as simple as changing the colour of the walls can make a huge difference to the look and feel of any room.

To get a light and airy room, go for light and white paint tones. Or to create a cosy paradise go for warmer earthy shades. At the moment gunmetal grey is bang on trend too, and don’t be afraid of making a feature out of it by painting furniture and fireplaces in the same colour, for an ultra modern effect.

Work with light

However, if it’s too much hassle or money to repaint the entire room, then you may want to consider painting with light instead. This is when you use the natural and artificial light that you have in a room to create a different mood.

For example, it is surprising, the effect, removing a pair of heavy curtains can have. Especially if you install a blind like the ones available from Carpet Court instead. This can make a smaller room look bigger, and opens up the wall space to allow more light in.

Consider smart lights to create certain scenes in your room. You can change the look and feel of a room with the touch of a button. All this – without the hassle and cost of any redecorating!

Change the soft furnishings

Another excellent tip for redecorating on a budget is to change the soft furnishings in a room. This can have a huge effect on the way the room looks, without having to replace anything of too-high value.

Keep your carpets, sofa, as well as your furniture. Just get new cushions, bedspreads, and pillows.

Pick a colour or pattern that goes well with the original colour scheme. But try and make it different enough so that it feels changed from how you had the room before.

Bold geometric patterns are the best way of doing this, because they make such an impact. Everyone will notice a big improvement.

Decorate Your Home In Style, While On A Budget!

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Clean It

Finally, if your home is crying out for a makeover, but you just don’t have the budget for it, try deep cleaning rooms instead. While this isn’t as much fun as going to the store and picking out new cushions and throws, you’ll enjoy this cleanse.

This makes an amazing difference to how a room looks. Pull out all the furniture and clean underneath. Pack away all clutter and get a nice air freshener too. You may be surprised at how much you actually do like this room when it’s clean. So maybe you don’t need that makeover as urgently as you thought.

Decorating is not only fun, but can be a great way to breathe life into your living space to create a sense of positive change. Remember that furnishing a new or existing place can be done on a budget. But, if you do need a quick loan, get in touch with Cigno who might be able to offer a solution.

Receive up to $1,000 in your account with our same day loans or Crisis Cash Loans with manageable repayment options. All you need to do to apply is complete our quick and easy online application and then send us your bank statement. For details, contact us.

Read the original source article here.

coins from a jar spread out across the table

Strange Ways To Save!

February 14, 2018
, , Budgeting

Now that we are well and truly into 2018, what are you doing to keep those coins in your back pocket? Looking to buy a house? A new car? A splurge item? Whatever is on your ‘need’ or ‘want’ list is achievable, you just need to know how. Not purchasing the smaller items like coffees is an obvious one. Although it’s only an outlay of a couple dollars every day, by the end of the week, it all adds up! But let’s think in more abstract terms about how to save money. These lesser-known ways to save may get you across the line!

What I find fascinating about personal finance is that there is not a ‘one size fits all’ answer or only one way to achieve a goal, there are different ways that suit different people.  Believe it or not some of the most diverse answers come when we talk about different ways to save money….. so here are some of the most unusual ones I have heard lately.

Cold Hard!
Yep – you read it correctly when I asked one of my classes the other day how they saved money one lady piped up and said “I have cold hard!”…. “er pardon” was my reply.  I certainly hadn’t heard that one before and my mind boggled as to what that could be!  As she went on to explain that she saves her money as soon as she gets paid putting a set amount of cash in a plastic zip lock bag and putting it in her freezer!!!!  Between the meat and the peas apparently!!!!  She also went on to explain that putting the money into her freezer means that she won’t touch it, whereas if it is in a bank account she will.  She has used this strategy to save for a solar hot water system and is currently saving for a cruise!!!  Obviously this one is not great if you get robbed and the robbers are hungry!!!  But still, I was impressed with her ingenuity!

Coke bottle anyone?
Apparently an empty 600ml bottle of Coke can hold close to $800 worth of coins, according to one guy from my class.  It is often touted on the internet to be $1,000 but my participants claim that is not true and it is more like $800 (what?! something on the internet that is not true!!!).  Being a closet Coke drinker I am keen to give this one a go myself.  I think it is a great way to save for Christmas!!!

Strange Ways To Save!

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Don’t claim the tax free threshold
When you get a job, you fill in a form which asks whether you want to claim the tax free threshold.  Australian residents for tax purposes are entitled to an $18,200 tax free threshold  If you select ‘no’ on the ATO form and don’t claim the tax free threshold, you are taxed on that first $18,200. It means you are paying tax on a sum of money, at your regular tax rate, even though you don’t need to.  As a result you will overpay tax and get a tax refund at the end of the financial year.

Over-pay your rent
This is another popular one especially to pay for Christmas.  Often paying more on your rent means you can have a month off at the end of the year to pay for Christmas.

Saving is a really individual thing, but when you get something that works for you – stick with it.

What is your unusual saving tip?

As you know, and as you have read by now, saving money is a worthwhile investment in time and discipline. However, if you need quick loans, Cigno might be able to assist.

To apply, complete our quick and easy online application and send us your bank statement. Receive up to $1,000 in your account with our same day loans with manageable repayment options. For details, contact us.

Read the original source article here.

gears financial support

What do people mean when they say “centrelink loans”?

December 22, 2017
Budgeting 2

If you’re in a bit of a financial situation, there’s nothing to be embarrassed about. Everyone, at some point or another, experiences economic expectations beyond his or her budget or savings. These situations include emergency repairs to a vehicle, health expenses, or even loss of employment.

Head over to Cigno’s Bad Credit Loans page for more information and assistance in finding a loan solution for you.

But here on our blog, we’re talking about Centrelink loans.

Firstly, what is a Centrelink loan?

In a nutshell, Centrelink is a benefits program specifically fashioned for the people of Australia under the government department of Human Services.

The aim of the Centrelink is to offer assistance to pensioners, students, people with disabilities and those experiencing financial hardships, lower income or unemployment.

In some cases, a Centrelink loan, otherwise known as an Advance Payment, can benefit individuals and families in mild financial crises. People who apply for Centrelink loans are often seeking money to assist in paying for expenses.

Depending on the type of benefit you receive, and the maximum and minimum payment amounts, a lump sum could be deposited into your account as an advanced payment to aid temporary monetary issues.

How are Centrelink loans applicable to me?

Centrelink loans are often confused with bad credit or quick cash loans. In either situation, they aren’t able to change your entire financial situation, as you’re only borrowing money. But, a loan could save you from more dramatic financial implications.

For more information about types of cash and personal loans, check out this article: There’s some great information out there about various types of cash and other personal loans. Doing some research never hurts. Check this article Personal Loans – What You Need to Know

The Centrelink advance payment, or any other loan is immediate cash, which you can acquire by filing some documentation and adhering to a lender’s procedure.

If Centrelink doesn’t approve your advance payment, you may be eligible for the Cigno service. Help is always available, no matter your circumstance.

Requirements and rules for acquiring a Centrelink advance payment loan

Centrelink advance payments are approved every day. But there are some requirements and regulations for acquiring them. For example, you must be over 18 years of age and must provide a valid proof of identification and age.

You must be an Australian citizen to receive this benefit. The applicant must also provide pay slips or a proof of net income, and your credit history is also taken into consideration.

What do people mean when they say “centrelink loans”?

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If your credit history is bad, but you’re still in need of some financial stimulation, you can apply for a Bad Credit Loan with Cigno. Call us today!

Read more about borrowing with us in this previous blog post: Bad Credit Loans: It’s Still Possible to Get a Loan, Even if You Have Bad Credit.

A jar with money

Saving Money is Easy

November 23, 2017
, , , Budgeting 1

You can save money through some small changes in your spending pattern. Saving can be easy if you:

Change one habit

Often you end up spending more, thanks to your habit. Stop buying the coffee on your way to office, take home made lunch to work, borrow books and DVDs instead of buying them, and stop useless subscriptions.

Start saving with a friend

Partner with a friend and see who saves most over a period. Share tips, go for cheaper night outs and borrow from one another instead of buying new things every time.

“Small changes can make a big difference to your bank balance. Change one thing you do regularly and you could save money”

Save on clothes

Don’t fall in the habit of buying new clothes every time. Buy something that could go with a couple of things in your wardrobe, and make use of end of season clearances.

Save on food, groceries, electricity and water

Cut down on eating out – start cooking more often. Don’t go shopping while hungry. Check how you can stop wasting electricity and water.

Saving Money is Easy

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Cut your bank expenses

Opt for accounts with

  • No account keeping fees
  • Free monthly statements

Thus, you can see simple changes have a direct impact on your budget and savings. If you are looking for quick loans, a Cigno loan might be right for you.

To apply, simply complete our quick and easy online application and send us a bank statement. Receive up to $1000 in your account with our same day loans offering manageable repayment options. For details, contact us.

Read the original source article moneysmart.gov.au.

A see through piggy bank with money coins

Budgeting 101: 10 Ways to Save Money on a Tight Budget

November 21, 2017
Budgeting

Has your wallet been tightening it’s belt lately?

Are you looking for ways to save money so you have more to spend for the holidays?

Saving money is possible and even easier than you would think. All it takes is a little planning and diligence.

With the holiday season coming up, you want to know the best ways to save money on a tight budget in order to celebrate the Christmas season properly.

This guide will give you 10 ways to save money on a tight budget so you have cash to spend on loved ones this holiday season.

1) Put Your Money Where Your Mouth Is

One of the easiest ways to cut cost is to pay attention to your food expenses.

Are you constantly eating out with friends or getting your morning Starbucks?

Try to kick the eating out habit and switch to preparing foods at home. If you buy all your food for the week on a Sunday, you’ll be less tempted to swing my a fast food restaurant on the way home.

Cooking your own fresh foods is better for your wallet and your health.

2) Keep the Change

Start an adult piggy bank in your living room.

Every time you get change or find change while you’re out and about put it in the piggy bank. You might think this won’t amount to much but it could add up to hundreds of dollars a year.

Many people neglect change and treat it as if it’s not real money. Prove them wrong.

3) Look for Free Events

When you’re on a tight budget you may feel like you can never go out and enjoy yourself.

This is simply not the case. If you live in a mid-sized or large city, there are constantly free events you can get involved in.

Whether it’s a free yoga in the park class or a free trivia night at a local bar, there are activities you can go to without breaking the bank.

Walking and biking around the park is a fun and free activity you can always take advantage of.

4) Switch to Netflix

There is no need to be spending a lot of money on cable and movie channels.

Netflix has all the movies and tv shows you could need for $10 a month. If you get rid of cable you could save lots of money on channels you don’t even watch.

You can get your news for free online rather than watching news channels to save money.

5) Create a Budget

In order to start saving money you need to create a budget for yourself.

Decide before the month even starts how much you’re going to spend.

A good rule of thumb is to spend 50% of your income on necessities, 30% on things you want, and save 20%.

When you know you only have a certain amount to spend each month on “wants” you’ll think more carefully about what’s really important to you.

6) Be Prompt with Payments

One of the easy ways to save money on a tight budget is to pay your bills on time.

Once you’ve cut unnecessary spending and are down to only your important bills, it’s important you pay them on time.

When you don’t pay your bills on time you’ll be charged late fees that can start to stack up and get you in trouble.

Avoid this by setting aside enough money each month to pay your bills and allocate a time to pay for them. If you’re routinely forgetful, you can set up an automatic payment method online for many companies.

7) Embrace the Sharing Economy

If you haven’t already, it’s time to embrace the “sharing” or “gig” economy.

With the sharing economy, there are plenty of ways you can save and earn money.

If you need a repair on your house, don’t hire an expensive repairman from a company, instead hire an independent person off Task Rabbit.

With sites like TaskRabbit, Uber, Rover, and more you can hire one person for one task and be done with them. You won’t be surprised by a colossal fee at the end of the job because they’ll tell you up front how expensive it will be.

You can also earn money in the Sharing economy by offering your skills or your property. Put your extra room up on Airbnb to make money without having to do anything except let someone sleep in your room that wasn’t being used anyway.

8) Get a Roommate

Sure, roommates can be annoying and you may still be scarred by your college roommates’ messy antics, but roommates can also save you a ton of money.

Getting a roommate is one of the best ways to save money on a budget.

If you’re currently paying $1,000 for rent and you get a roommate that’s $500 you could be saving every month. Which adds up to $6000 a year!

Just think of all the holiday gifts you could buy with that.

9) Workout at Home

If you’re trying to cut corners in your spending you may want to start with your gym membership.

There are plenty of workouts you can do from the comfort of your home with little to no equipment.

Fitness Blender is a website that offers hundreds of workouts that target different muscle groups that are proven effective.

10) Know When to Splurge

It’s important to think of ways to save money on a tight budget, but it’s also important to know when to splurge.

There are certain items that it’s ok to spend more money on initially.

Kitchen utensils, computers, and pillows are things you use every single day and it’s better to have quality items than items that are constantly breaking.

If you spend more money initially buying a high-quality item you won’t have to continuously pay to repair it.

Budgeting 101: 10 Ways to Save Money on a Tight Budget

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These Have Been 10 Ways to Save Money on a Tight Budget

This guide has given you smart ways to save money on a tight budget and now it’s your turn to implement them into your life.

Saving money from month to month is very satisfying as you won’t have to endure the stress of not being able to pay for the necessities in life.

Like this article and want to get in touch with us? Have questions about our company? Please contact us here.

We are happy to help!

phone app train station

Saving While Travelling

November 9, 2017
, Budgeting 1

The best ways to save some dollars while travelling are: opt for budget airlines, avoid travelling long distance by train, share the rides, opt for a cheap rental car or hire a car outside city limits, use a smart card for public transport and use public transport to airport.

“Who claims that it’s too expensive to travel to or live in Australia? The truth is, if you practice healthy spending and saving habits in your daily life, there’s no reason you can’t do the same while visiting Australia.”

Saving on accommodation

Accommodation can be lot cheaper if you: stay in hostels, opt for BNB, use Couchsurf, opt for short term subletting, opt for a work exchange or house sit someone’s pet.

Save on food and drink

Make use of supermarket discounts, shop at larger supermarkets, buy cheap from local markets, use food coupons and discounts offered by food delivery companies, cook often than eating out, opt for pub meals, prefer wine to cocktails, bring your own wine or beer to restaurants wherever possible and dine in Asian restaurants.

Saving While Travelling

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Save on activities

Hit the beach – its free; Use Groupon or Adrenaline to book discounted adventure activities, go for a coastal walk or trek, visit the national parks, use meetup and couchsurfing for events and excursions, opt for a free city walking tour.

As you can see, you can save your precious dollars in many ways. If you need quick loans, a Cigno loan might be the best solution.

To apply, complete our quick and easy online application and send us your bank statement. Receive up to $1,000 in your account with our same day loans or Crisis Cash Loans with manageable repayment options. For details, contact us.

Read the original source article here.

holding a credit card and payment calculate for credit card

Stop the Bleeding: 5 Simple Credit Card Debt Solutions

October 31, 2017
Budgeting 5

You have a huge amount of credit card debt, and you have no idea how you’re going to pay it off. In fact, the amount you owe is so overwhelming that you’ve been avoiding the issue altogether.

If this sounds like you, don’t feel bad. You’re not alone in your stress. In fact, the average Australian has a credit card balance of $3,130.

If left unchecked, credit card debt can spiral out of control. Follow these credit card debt solutions to secure your financial future.

And are they stressed about this debt? You bet.

In fact, in a study printed in the Journal of Family and Economic issues, researchers found that there’s actually a link between credit card debt and depression levels.

Credit card debt shouldn’t be ruining your life. But, stressing out about your debt isn’t going to do you any good.

Instead, you need to be proactive and work on implementing debt solutions to get rid of it.

Let’s take a look at the top credit card debt solutions. You’ll be surprised at how simple they are.

1. Figure Out What You Owe and Set a Budget

The best debt solutions begin with figuring out what you owe.

This will help you set a budget and develop a plan of attack.

To figure out what you owe in an organized fashion, create a spreadsheet. This spreadsheet should contain the dirty details about all of your credit cards: the total balance, the minimum monthly payments, the interest rates, and the due dates.

Once you’ve got all this information compiled, you can set your budget.

Ideally, you’ll want to create a budget that allows you to pay a little more than the monthly minimums due.

Now, we realize that your budget may already be pretty tight. Is it really possible to tighten it even further?

Most likely, yes.

Take a hard look at your spending habits over the past few months. Make note of all the money you spent on luxury items versus on necessities.

Subtract your luxury spending from your total spending and allow this to be your budget until your credit card debts are paid off.

2. Choose a Repayment Strategy

There are a few different strategies for paying back your debts. Each has its benefits but ultimately you’ll want to choose the one that will actually motivate you to repay.

Let’s take a look at what these strategies are:

Highest Interest Rate First

Paying off the highest interest rate card first definitely makes the most sense financially.

This strategy will save you the most money overall as it will limit the total compound interest on your debt.

Once the balance on one card is paid off, you move on to paying off the one with the next highest interest rate.

But, don’t think that paying one less minimum payment per month is an invitation to spend more money. Instead, you should use the money you’d normally put towards your minimum payment towards the next card. Keep repeating this until you’re done paying your last card.

If this is the strategy you decide to go with, just remember that you’ll still need to make minimum monthly payments on all your other cards.

Pay Off the Lowest Balance

Also known as the snowball strategy, paying off the card with the lowest balance is great for those who love a quick win.

Often times, a quick achievement is all you need to keep pushing towards your loftier repayment goals.

Compared to other debt solutions though, this one will not save you the most money in the long-run. However, it can give you some time to save money for your cards with the most debt.

Consolidate Your Cards

Are all the numbers and figures in your spreadsheet just giving you one big headache?

If you’re someone who struggles to keep track of payments, consolidating your debts may be the best debt solutions option for you.

This repayment strategy helps you focus on one large number instead of multiple smaller ones.

For those who can live without those “quick wins,” this is a great solution. However, you should still try to pay more than the monthly minimum to ensure you stay on track.

You may also want to consider consolidating your debt and then making a balance transfer to another card with an interest-free period.

Many cards offer interest-free periods as long as 24 months. But, make sure you don’t use this time to ignore your debts. Instead, use it to repay as much as possible before that interest kicks in.

3. Stop Swiping

Sometimes, you need to stop the bleeding completely.

In other words, you need to stop swiping your credit cards and stick to using only cash or debit cards.

To make this easier, you should leave your credit cards at home when you go out. Hide them in a drawer or have a trusted friend or family member hold on to them for you.

You can even cut them up and wait to order new ones until your debts are repaid.

Whatever you do, don’t close the credit card accounts completely. The length a card is opened for can affect your credit score. Closing the card will only negatively affect your score.

4. Grow Your Income

Picking up side gigs can be a great way to pay down your debts fast.

If you work a job that offers more hours, start putting in that overtime.

Or, you could run a side hustle in addition to your full-time job. Here are a few ideas:

  • Sell stuff on eBay or Etsy
  • Pick up freelance gigs – writing, graphic designing, editing, virtual assisting, etc.
  • Get a second job on nights and weekends
  • Drive for Uber or Lyft
  • Pick up random gigs on Craigslist

5. Auto Payments

You know paying back your credit card debt is a necessary evil, but you just can’t seem to stay on top of it.

The best way to make credit card payments a priority is to set up auto payments for each statement cycle. This will allow you to make your monthly minimum payments before engaging in any unnecessary spending.

Stop the Bleeding: 5 Simple Credit Card Debt Solutions

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Debt Solutions: Wrap Up

Implementing these debt solutions will help you repay your credit cards fast.

And while paying off your credit card debts is a huge accomplishment, often times it’s not the end of your financial woes.

Many people with poor credit card spending habits have poor credit scores and struggle to qualify for loans because of it. If your bad credit is holding you back after repaying your loans, take a look at how our bad credit loans can help you.

man laying back and dreaming about wealth

Think Like the Wealthy

October 28, 2017
, , , Budgeting 2

The only thing holding you back from future financial freedom is you. Maybe all you have to do to reach your goals is change your thinking. According to Grant Cardone you need to think like the rich.

No one would deny that the wealthy think and operate differently regarding money, wealth, finances and investing.

You do not want to be a burden on your loved ones in the future. Get your finances in order today. Stop over spending, start paying off any debt you already have and then start saving. If your needs exceed your pay check, it is time to look into other revenue sources. If getting another job or more hours is impossible, consider passive income. It is a great way to earn money without investing a fortune.

Think Like the Wealthy

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Try our Loan calculator to decide whether or not the Cigno service is right for you.

To apply, simply complete our quick and easy online application and send us a bank statement. If you prefer give us a call on 1300 88 23 24 and one of our friendly staff will be happy to help.

All applications are considered and we do our very best to find a suitable solution to your needs.

Short-term Cash Advance solutions to get to your next payday. Receive up to $1000 in your account Today with manageable repayment options, contact us:  https://staging8.cignoloans.com.au/how-it-works/

Original source: entrepreneur.com

 

child with money

Teach Kids to Save From a Young Age

October 25, 2017
, Budgeting 2

If you do not teach your children how to manage their money properly you are setting them up to fail. We are inundated with advertising messages geared towards instant gratification daily and the thought of patiently saving for that dream item seems out of reach for most. According to Sophie Elsworth one way to teach our children how to save is to open a savings account for them early on and then to regularly deposit money into it, this will slowly grow to a sizeable amount by the time they can access it.

“There’s a lot we can do now to get him started and the cost of living is so high and real estate is so difficult to get into at the moment so if we can start early it will give him a headstart.”

Another way to teach our children to save is to get them involved in the process. You can work towards a shared goal to which everyone has to contribute.

Teach Kids to Save From a Young Age

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Try our Loan calculator to decide whether or not the Cigno service is right for you.

To apply, simply complete our quick and easy online application and send us a bank statement. If you prefer give us a call on 1300 88 23 24 and one of our friendly staff will be happy to help.

All applications are considered and we do our very best to find a suitable solution to your needs.

Short-term Cash Advance solutions to get to your next payday.

Receive up to $1000 in your account Today with manageable repayment options, contact us:  https://staging8.cignoloans.com.au/how-it-works/

Read the original source article here: news.com.au/finance

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