THE OSTRICH EFFECT

SANDY HEADS DON’T MAKE GOOD DECISIONS POP QUIZ! Do you know how much money you have in your bank account? Do you know how much you owe on your credit card today? Have you ever been caught-out when your card was declined? Do you always have enough cash in your bank account for your direct […]

HOW MUCH IS ENOUGH?

HOW MUCH SHOULD YOU SAVE EVERY MONTH? Wrong question. Is there a magical number we should all be striving to save? $1 per day? $10 per week? $10,000 a year? Or is it a certain percent of our income? How much is enough? Why does every “expert” have a different answer? THE NOISE You might […]

DO BANK ACCOUNTS HELP YOU SAVE?

DO BANK ACCOUNTS HELP YOU SAVE? There’s a leading question for you. And the answer is, not as much as they should. WHAT’S THAT YOU SAY? Sure, an account is somewhere you can put your money and the more convenient it is the better. Mobile banking, linked accounts and real-time transfer are all great tech […]

F.I.R.E. – A FRUGAL WAY TO FUTURE FINANCIAL FREEDOM?

WHEN A F.I.R.E. STARTS TO BURN Some 1.5 million years ago, humans discovered fire. Bring it back to present and humans have discovered fire once again, except this time it’s F.I.R.E. and it’s more of a gamble whether you’ll get burned or not. F.I.R.E. BUT WITHOUT THE MATCHES Financial Independence, Retire Early is a movement […]

CAN SAVING EVER BE FUN?

SAVING GAMES TO HELP YOU GET ON WITH IT We’ve scoured the internet, (well the nice parts of it), to see how people are convincing themselves to save. It turns out a lot of people like a challenge. There’s a load of psychology in that. Fixed targets, small steps, fun, short-term satisfaction/long-term reward etc.  We […]

SOME PAIN, SOME GAIN (MAYBE)

USING CASH HURTS, AND THAT’S A GOOD THING Summer’s coming, so you’ve lifted your morning exercise game. You go for a run (well, it’s more of a fast walk…let’s be honest). Your wallet is too bulky to bring along, but you’re keen for a coffee on the way back. Maybe a yoghurt and granola cup […]

WEIRD MONEY THOUGHTS?

MENTAL ACCOUNTING COULD BE TO BLAME Remember getting birthday money as a kid? You couldn’t wait to blow it on whatever you wanted. It’s a bit like getting a big fat tax return. Free money! Yours to burn on something completely unnecessary. So why does an unexpected windfall feel like a licence to spend, but […]

WHAT IS A NEOBANK?

RETHINK WHAT IT MEANS TO BE A BANK FREE OF OLD THINKING AND OLD SYSTEMS A Neo bank is a new type of digital bank, built from scratch. Unlike traditional banks, Neo banks, like Volt Bank, have no branches or old-school, problematic IT systems. Because they are free of old-school systems and outdated thinking, they […]

SAUNTER TOWARDS FINANCIAL INDEPENDENCE WITH SLOWFI

FORGET THE F.I.R.E MOVEMENT, THERE’S A NEW FINANCIAL IDEOLOGY SWEEPING AUSTRALIA – ONE THAT WON’T HAVE YOU SCRIMPING TO THE POINT OF MADNESS. You’ve likely heard of F.I.R.E by now: Financial Independence (FI), Retire Early. It’s a financial ideology that’ll see you sprint frantically towards the dream of retiring much earlier than most. We’ve even […]

THE PSYCHOLOGY OF SUBSCRIPTIONS

ARE YOUR SAVINGS GETTING SMOKE-BOMBED BY YOUR SUBSCRIPTIONS? Off the top of your head, do you know how much you spend on subscriptions per month? Take a stab in the dark, write it down, then find out. More than you thought right? Netflix, Spotify, your mobile, Xbox Game Pass, HelloFresh, your fitness app, Wi-Fi and […]