How it works
At Mortgage Choice, we want to help you make better choices with your finances so you can enjoy the things in life that matter to you.
To do this, we need to understand a little more about your individual needs and circumstances. The Solution Finder enables you to let us know what information you are seeking - which should make for a faster, more efficient search for you.
Simply select what you are looking to do from the first drop down menu - whether that is buying your first home or sorting out your insurances.
Then, select the stage you are at - whether you have just started out with your research or you are already well into the process.
Clicking on 'Get started' will then send you off to a page of content which is directly related to the information you need.
However, if it doesn't quite suit your needs, or you are looking for something completely different, just contact us on 13 77 62 - we are here and ready to help.
Got a savings target in mind?
With the right approach and sensible planning, it's possible to achieve personal goals - from paying for a car or wedding to taking an overseas holiday. With some simple strategies in place you can take financial control and start ticking off your personal wish-list.
Set some goals
We all have goals – things we’d like to achieve for ourselves and our families. A key starting point in turning goals into realities is writing down what you’d like to achieve. This provides something concrete to work towards.
Give your goals a timeframe
Now, divide your goals across timeframes.
For instance, you may want to buy a car in 12 months; have sufficient funds for an overseas trip in two years, or be ready to buy a first home or upgrade your current home in five years.
Draft a road map
It’s likely you’ll need to build personal savings to fund your goals and it’s important to develop a road map that sets out the specific actions you need to take here.
As a guide, planning to ‘save more’ can be very vague. A more effective approach is to set concrete actions like “I plan to save $50 each week”.
Budget for success
Most goals cost money, making it essential to build a pool of savings. That means spending less than you earn and the most effective tool for this is a household budget.
Your budget will show how much income you earn; how much you spend – and highlight areas where cutbacks can be made to set aside savings to fund your goals.
Choose the right investment vehicle
Once your budget has pinpointed how much you can save on a regular basis, the next step is to transfer those savings to a suitable savings account or investment. It’s an area where expert advice can help, letting you select the investment best suited for your goals and tolerance for risk.
Track your progress
Staying up to date with your savings process will tell you whether you’re on target to meet those goals. Some fine tuning may be necessary so it pays to maintain a flexible outlook.
Save more money tool
1. Select a saving idea
2. Your potential annual savings
Your savings will potentially grow by this amount.
You can remove items if you change
your mind by pressing
You haven't made any savings yet!
Please select an idea to your left.
Manage your money betterChances are, at some stage you’ve wondered “Where does all my money go?”
If that sounds like you, you’re not alone. Around one in two Australians don’t know where their money is spent.
Watch this video for more.