By taking charge of your money, whether you have a little or a lot, you will ease money stress and feel more secure and in control.
Track your spending
Where is your cash going each day? Tracking your spending helps you understand your daily money habits. See spending for tips on how to do this.
Create a budget
How much money is coming in and going out each week, fortnight or month? See below for how you can use a budget to sort out your money priorities and take control of your spending and saving.
How can this guide help you?
The ADF Financial Services Consumer Centre and the Australian Securities and Investments Commission (ASIC) want you to be well-informed and confident about getting financial advice.
By familiarising yourself with this website, you’ll be starting off on the right foot with tips about:
deciding if you need personal advice
finding the right adviser
working effectively with your adviser
getting advice that suits you.
You may find that not all the ideas in this website may apply to your particular circumstances.
For a brief introduction to investing watch our short invest for the future video – part of the new 9 principles for financial success series. From savings accounts to growth assets, learn how investments can play a key role in managing your money.
Borrowing to invest is called 'gearing'. If you borrow to invest and you make a profit, you are positively geared. If you're make a loss, you are negatively geared. Either way, gearing is costing you money.
It's tax time again! If you’re a permanent ADF member here's a short video to explain what you need to know about lodging your 2019 tax return, including where to go for help and tips on getting it right.