Picture this: You just land a great job, but it’s in a different country. You make the necessary arrangements, and you move there. Problem is, you need to send money back to your country regularly, maybe to pay for a mortgage, a phone bill or your family’s expenses.

Come payday, you calculate your budget and come up with the money you need to send before visiting the bank, only to find out that you lose a significant chunk of money to the bank by sending it. This is because banks do not follow the mid-market rate. ... (read more)

That new car smell, the smooth ride, the envious look on your neighbour’s face, the empty savings account … hang on, that’s not right. There are certain things that make buying a new car worth it, and an empty bank account certainly isn’t one of them. But you know what? You really don’t need to spend as much as everyone else does for a brand new car and here’s how you go about it.

Time it right

The time of the year can be a massive factor in how much (or how little) you pay for your car. Choose to buy your car towards the end of the financial year, and you could secure yourself a very nice deal. You see, at this time of the year, dealers are eager to hit their sales targets for the year or to beat last year’s record. Whatever their motivation, there’s no doubt that they are much quicker to offer cut-price deals or throw in free extras at this time of year.

You can also get good deals in December as manufacturers push dealers to sell that year’s model before the calendar year ends. So think December and June for maximum savings.

Get a finance broker

You may have this idea that finance is not the best way to save money but the truth is that very few of us have enough money in our accounts to buy a car outright. And even if we did, taking that much out of your savings is a rather depressing thought.

No, your best option is to finance that new car and keep your nest egg intact. And saving money on your loan is a definite possibility if you use a broker like Stratton Car Finance. By using a broker, you could be cutting down costs right off the bat by avoiding dealer finance which is often overpriced and has unfavourable terms.

However, when you use a broker, they will find you a variety of competitive rates currently on the market giving you the option to pick and choose the product that suits you best. And once you have the finance arranged, you can head to the dealer safe in the knowledge that you have the financial side of the deal sorted. This puts you in position of power with regards to buying, and if you play your cards right, you may be able to squeeze a few add-ons as a deal sweetener. Something that a dealer might not do if they were doing you the ‘favour’ of arranging your finance.

Ask about demo models

Demo models are those cars that you take for a test drive, and that usually spend most of their time in the showroom. They are always tricked out with all the very best features, but at some point, the dealer will need to get rid of their demo model and bring in a new one. And that’s where you come in.

Ask the dealer if they have any demo models for sale. These cars offer incredible savings and often have very low kms on the clock. And while a decent demo model may not be as cheap as a base model, it will have all of those additional features so you’ll get way more bang for your buck.

Just be careful to check all handles, buttons, and levers as these will have quite a bit of wear and tear considering how many test drivers played around with them in the showroom.

So remember the next time you’re in the market for a new car – time it right, use a finance broker, and ask about the demo models. Use any one of these tips, and you should save a little money. Use all three, however, and you’ll be surprised at how much you can shave off the price of a new car. Maybe that leather interior you like so much is possible after all.

Post updated on 11 January 2021 with new product info.

Smoke mask is not a topic I would normally write about but given the circumstances (large bushfires in Australia), I think it’s important that we talk about the risks and options we have to protect ourselves and our family (including our pets). Scroll down if you are interested in the smoke masks only. I also found a smoke mask for dogs.

Protect Your Family from Bushfire Smoke

It was nearly the holiday season and the end of 2019 was just around the corner. But with dozens of bushfires raging all across the country, Australia was in a state of crisis. South Australia shut down more than a hundred schools due to a catastrophic fire warning and even those further away from the actual flames were suffering from the effects of wildfire smoke. ... (read more)

Last updated on 11 January 2021 with new product info.

There are the dismal statistics we read about the direct effects of bushfires that burn for months in different parts of Australia. Australia is often severely affected by bushfire smoke that’s blanketing the country. There have been instances of asthma, breathing difficulties and other respiratory ailments in Sydney and other cities. People have been advised to stay indoors to avoid exposure to bushfire smoke. But while commercial buildings are equipped with HVAC systems that have filters, homes aren’t always equipped with such systems that protect family health. This is why home purifiers have been in high demand for most people lately. ... (read more)

Working out how much you will have to pay for child care is one of the most important parts of the early stages of choosing a centre for your children to attend. 

Costs of care can vary widely but most families across Australia will qualify for some Government relief, with the actual amounts received depending on your family’s personal circumstances. 

The following five things are essential to know as you work out precisely how much support your family is eligible to receive.  ... (read more)

Marriage has been a pillar of society for centuries. Most young Australians still support the concept, but financial concerns have made them more apprehensive about having large, traditional marriages.

Choosi recently released its Cost of Love Report. The purpose of this report was to understand the views Australians hold about marriage and the decisions they are likely to make.

Some of the core findings are listed below. ... (read more)

Compensation for this post was provided by OzForex Limited ABN 65 092 375 703 (trading as OFX). Opinions expressed here are my own.

Destination weddings have grown in popularity and are no longer just for the fortunate few. People travel more than ever, airfares are great value and the overseas destination could even be closer to home for some relatives. With the right advice and sound money management, planning a destination wedding becomes a very real possibility.

Australians are spoilt for choice when it comes to destinations. The entire South Pacific is located conveniently on our doorstep, and wedding groups appreciate the value and facilities of the resort islands. The lush surroundings and warm waters provide many wedding locations worth investigating.

Lots of people meet their future partner and even marry while travelling overseas. Europe and the United States are also favoured for destination weddings, and although more expensive, can also be the convenient option for some guests.

Planning a destination wedding isn’t difficult once you understand your own limitations. You will need to coordinate offshore wedding arrangements and financial transactions, so making certain your investment is in good hands is the first priority.Securing your wedding investment

A destination wedding usually involves purchasing a wedding package or using the services of a wedding planner. Wedding packages, often associated with larger resorts, can seem too formulated, but the exotic or exclusive setting should satisfy just about everyone.

A wedding planner, on the other hand, is able to tailor the wedding to your personal needs. It’s often best to hire a wedding planner who lives locally, speaks the language, and has existing relationships with vendors and service providers.

A destination wedding doesn’t need to be complicated, and neither should an overseas money transfer.is OFX money transfers are among the most popular, offering 55 currencies and paying to 190 countries around the world, with the ability to track the progress of your global payment.

Whether you need to send a one-off payment or staggered payments to various wedding suppliers, money transfers are normally completed in a couple of days, so it’s easy to keep a destination wedding plan on track.

The detailed wedding plan

Unless you have experienced local contacts, a highly competent wedding planner will be essential to get the most out of your budget. The destination is just the setting, and for the wedding to become all that it can, your spending and money transfers need to be targeted and secure. A wedding planner can assist in many ways, including:

• venue hire and decoration
• guest reception, limos, accommodation
• photographer, DJ or band
• catering, organising the wedding cake
• coordinating the sequence of events on the day of the wedding
• ensuring local events or other festivities don’t conflict with your chosen wedding day

The wedding can even become an extended vacation that takes full advantage of your chosen destination. Consider sailing, diving or day trips as an additional attraction for everyone’s enjoyment. An OFX money transfer can cover it all, or be used specifically for destination wedding essentials. This flexibility keeps you in control of spending and provides opportunity for extra spontaneity and vacation-style adventure.

Start planning early

There are lots of reasons why people choose a destination wedding. For some it’s an idyllic dream, while others have cherished memories of a favourite place. The location could be perfect for both sides of the family, or just a great way to do something a little different, create a party atmosphere, and soak up some tropical sun.

The earlier you get moving with the wedding plan, the easier it will be for your guests to make arrangements. Plan ahead to secure your dream destination wedding location, and send invitations out well in advance of the wedding day. If some guests aren’t able to attend, it’s worth considering hosting a second ceremony back home at a later date. In some cultures, this is already the expected practice.

The favourable climate of competitively priced accommodations, cheap international travel and secure money transfers is an opportunity worth taking advantage of. Destination weddings are now within reach of most couples hoping for an enchanting experience like no other.

For more information and to read OFX’s Product Disclosure Statement, please visit the OFX website.

The automotive market’s performance is not closely related to personal finance, unless you’re planning to buy a car or work in this industry. My article tries to summarise the latest statistical repots.

Based on the monthly and yearly comparison reports of the Federal Chamber of Automotive Industries (FCAI), car dealers are having a tough time in Australia, especially in WA. The national year-to-date (YTD) average declines in vehicle sales was -2.5% in August 2014. Western Australia is leading this negative list with -8.3%, followed by Tasmania and Queensland with -7.1% and -5.4%, respectively.

The report doesn’t have state specific statistics about vehicle types, but in overall “passenger” vehicle sales decreased by 5.4% year-to-date, as well as light and heavy commercial vehicle sales. The only growth was reported in the SUV market, +3.7% year-to-date. The FCAI report has more details about the passenger type vehicles. Micro, light, small and medium categories decreased, while large, upper large and people movers increased YTD. The sports category had a 7.8% decrease.

In the SUV market, small SUVs had the best and only positive performance (+15.7%); therefore, the SUV market increased mentioned in the previous paragraph is due to the small ones. In overall, it’s not looking too good and it’s interesting to compare these numbers with the Australian automotive industry’s monthly product volumes. The FCAI website has data about the monthly production volumes and it can be seen that 14% less vehicles were built during the first two quarters of 2014 than the previous year. The product volume has been decreasing since 2013.

The tough market situation might be good if you’re planning to buy a car, because you have a better chance to get a larger than average discount from car dealers. As far as I know, car dealers make profit on service, not car sales, so you should compare prices and fight for a good discount.