Top Stories Money
- What To Do When You've Hit A Plateau With Your Money Goals
- The Best Tech Deals From Ebay's Mammoth Valentine's Day Sale [Updated]
- Tesla Powerwall: 2016 Pricing Number Crunch and Payback Times
- Coles Vs. Woolworths: Which Loyalty Card Offers The Best Value?
- Calculating The Value Of Time: How Much Is Your Time Really Worth?
- Dick Smith Enters Voluntary Administration: How Will This Affect You?
A big government shake-up for local car importation laws could have massive implications for the way Aussies buy their vehicles. From 2018 onwards, you’ll be able to parallel import brand new cars and avoid tariffs on imported used cars, potentially saving yourself thousands of dollars over local dealers.
The popular US finance app Acorns is now available in Australia. Like the nut it is named after, the app takes something small — your leftover change — and attempts to grow it into something much bigger. This is achieved by automatically investing the money into a diversified portfolio of exchange traded funds (ETFs) whenever you make an online purchase. Here’s how it works.
We’ve said it before: money has a lot to do with mindset. When your money is harder to access (it’s illiquid), you’re less prone to, well, access it. That much is obvious, but according to a study published in the US National Bureau of Economic Research, most people know this, and that illiquidity actually inspires saving.