Setting and tracking your goals
Setting goals can help you map out a clearer path to achieving what you want in life.
Record your financial goals, estimate how much it will cost and then determine how you can fund it. Using your forecasted cash balance, check if you can afford to pay for the goal. If you can, add it to your budget and track your progress.
Use the ready-made goal categories and samples to develop your own and get started!
Cashflow budgeting
Record your income and expenses and track how much you are saving. Tailor your expense categories to suit your needs.
To easily stay on top of where your money is going, set recurring income and expenses.
Tax management
Estimate your potential tax liabilities in advance so you have ample time to do something about it.
Record your eligible tax deductions with appropriate supporting information for audit purposes.
Assess your entitlement to eligible tax offsets or rebates and where relevant, take action.
Investing and wealth creation
Stay on top of your investments and wealth creation efforts.
Conduct a stocktake on your assets and track their performance.
Increase your knowledge on investments so you can review and understand your portfolio and build wealth.
Debt management
See all your debts in one place. Work out how long it will take to pay off all the loans, how much interest you end up paying and whether you can afford to make repayments if interest rates go up.
Learn how to pay off your debts sooner and use debt to build wealth.
Risk management and insurance
Assess the impact on your finances if you became sick or injured and unable to work.
Create a dynamic budget to manage the financial impact of adversity.
See all your personal insurances in one place. Learn about the different types of insurances and how to select the right one.
Retirement planning
Prepare for your retirement and assess if you'll have enough income based on what you are doing now. Find out how long your money may last.
Learn about your retirement options including superannuation, retirement income streams and age pension.
Build a retirement budget and your retirement plan.
Estate planning
Conduct a stocktake of what arrangements you have in place when you pass away.
Have you:
- made a valid Will?
- nominated who will receive your superannuation?
- put arrangements in place if you become mentally incapacitated?
- set aside enough money for your beneficiaries or do you need life insurance?
