Money Magazine July 2022

Late last year, I signed up for #NoSpendNovember as part of an online challenge to withhold my discretionary expenses for a month. While there were days when the deprivation only made me think more about how I could waste my money, I survived the trial. The experience taught me it is possible to break old habits. The seemingly inconsequential behavioural test became the foundation of big financial decisions I made a few months later. There was not a singular moment when I thought I was ready to make smarter financial choices. It happened gradually. First, there were the small victories: comparing utility providers and jumping on discounted offers, switching banks, and updating my superannuation payments and insurance. I went from small choices that saved me tens of dollars to choices…

Late last year, I signed up for #NoSpendNovember as part of an online challenge to withhold my discretionary expenses for a month. While there were days when the deprivation only made me think more about how I could waste my money, I survived the trial. The experience taught me it is possible to break old habits. The seemingly inconsequential behavioural test became the foundation of big financial decisions I made a few months later. There was not a singular moment when I thought I was ready to make smarter financial choices. It happened gradually. First, there were the small victories: comparing utility providers and jumping on discounted offers, switching banks, and updating my superannuation payments and insurance. I went from small choices that saved me tens of dollars to choices where the stakes…

Corey is an inspiration I’ve been an avid reader of Money magazine for many years now (psst – don’t want to show my age). The June issue arrived today and I just started reading this afternoon, but had to comment on your story about Corey Tutt. What an incredibly inspiring story of such a generous soul. It’s wonderful to read such a heartwarming story, which gives you faith in the generations to come. Well done, Corey and Money magazine, for finding such a hidden gem, and Smartsheet for having DeadlyScience showing on the McLaren race car.   Fiona Key topics covered I have to commend your team on the May 2022 “Know your credit score” issue. You have now ticked the top three topics that have been on my mind…

I received a surprise birthday gift from my superannuation fund, QSuper, this year: a notice of the premium increase. I was more than surprised, I was shocked! The weekly fees on a $194,500 policy for death, TPD and income protection insurance are a shocking $132.04, or $6866.08 a year. Money magazine was very helpful in enabling me to check out other super funds in the market. Going through their websites, I was able to obtain comparative quotes and was pleased to note that AustralianSuper had the lowest rate of $57.02 a week, while others were between $75 and $85. I would like to bring this to the attention of your readers who, like myself, may rarely look into what our funds are deducting and passively think they are looking after our best…

I received a surprise birthday gift from my superannuation fund, QSuper, this year: a notice of the premium increase. I was more than surprised, I was shocked! The weekly fees on a $194,500 policy for death, TPD and income protection insurance are a shocking $132.04, or $6866.08 a year. Money magazine was very helpful in enabling me to check out other super funds in the market. Going through their websites, I was able to obtain comparative quotes and was pleased to note that AustralianSuper had the lowest rate of $57.02 a week, while others were between $75 and $85. I would like to bring this to the attention of your readers who, like myself, may rarely look into what our funds are deducting and passively think they are looking after…

Corey is an inspiration I’ve been an avid reader of Money magazine for many years now (psst – don’t want to show my age). The June issue arrived today and I just started reading this afternoon, but had to comment on your story about Corey Tutt. What an incredibly inspiring story of such a generous soul. It’s wonderful to read such a heartwarming story, which gives you faith in the generations to come. Well done, Corey and Money magazine, for finding such a hidden gem, and Smartsheet for having DeadlyScience showing on the McLaren race car. Fiona Key topics covered I have to commend your team on the May 2022 “Know your credit score” issue. You have now ticked the top three topics that have been on my mind – superannuation, income protection insurance and…