Too many Australian parents have bad saving habits. Almost one-third of parents raid children’s piggy banks!
Parents bad saving habits
Financial inequity extends beyond the workforce: research
Not only do women earn substantially less than men – 17.7 per cent less, on average – but new research reveals that a financial disparity between genders extends beyond the workforce into household finances.
Rates to hold in July, as RBA continues its wait-and-see approach
The cash rate is expected to remain on hold at 1.75 per cent when the Reserve Bank board meets for its July review tomorrow, despite growing pressure for a second rate cut this year.
RateCity launches money vid for kids
Teaching kids about money as early as possible is one of the best ways to set them up for a good financial future, according to financial comparison site RateCity who has this week launched a cartoon and video series for kids as young as four.
Yes, it may be possible to get a $1,500 payday loan with bad credit. Some payday lenders give loans to people with bad credit histories if they believe the borrower has the capacity to repay the loan.
Under Australia’s responsible lending rules, lenders aren’t allowed to approve $1,500 payday loans if they don’t believe the borrower can make the repayments.