Financial wellness is achieved when we are able to cover our expenses with no worry, can absorb financial shock without much stress, and are on track to meet our financial goals. The only way to achieve financial health is through financial literacy.
In a recent Member Sustainability survey, almost 90% of our members considered that improving the financial literacy of members is important, very important and even crucial. In response to this, we have prepared tips and tricks, "how to" guides and practical tools to help you unlock greater confidence and get you on the right financial path. Apart from this, please know that our Member Service Officers are always on hand to offer guidance on how our services can maximise your savings. Call us on 13 61 91 or email us at info@australianmutual.bank to discuss with one of our friendly Member Service Officers today.
With the cost of living on the rise, many of us are looking for quick ways to cut down on one of the biggest household expenses: food. While you can’...
Having access to electricity is both a luxury and an expense. Modern life is very much reliant on power, but as prices continue to rise rather drama...
If you haven’t considered any financial goals for the new year, perhaps now is a good time to think about what you would love to achieve financially ...
In this modern age it is easy to feel we don’t have enough money to buy ‘all of the things’. We’re bombarded with a constant stream of advertising te...
As inflation rages on, good budget habits can help reduce overspending and keep regular costs to a minimum. Asking these questions at the end of each...
October is ‘Buy Nothing New Month’. An idea which sprouted from Melbourne in 2011 has flourished into a global movement celebrating and supporting co...
Humans are creatures of habit. We like things to be predictable. Of course there’s excitement that comes with a bit of the unknown.
Have you ever had an unexpected bill with no way to pay? Anyone who owns a second-hand car or a piece of property knows the pain of suddenly having t...
We can all agree a bit of a cash boost is a good thing. If you’re a NSW resident it’s likely that by now you will have taken advantage of the various...
We are already well into the year, but have you stopped to think about your financial goals for 2022? If you haven’t yet, now is a great chance to st...
The "Take Control" series is produced by the Credit Union Services Corporation and can assist you in understanding a range of topics from budgeting and saving to managing credit.
Dollars & Cents: A practical guide to budgeting & saving
For some people, the word ‘budget’ can feel intimidating, especially when they think it means they can no longer enjoy the things they like or buy the things they want.
Budgeting does not have to be this way though! It can actually be both rewarding and empowering!
Golden Egg: A beginners guide to wealth creation
No matter your financial situation, it’s never too early or too late to begin thinking about building wealth.
The aim of this guide is to outline the basics of wealth creation so that you can take control and get started on your investment future.
Credit Wise: A practical guide to getting & managing credit
The challenge with credit is managing it – it can seem easy to get, but can be difficult to repay.
It’s important to understand how credit works, if you can afford to borrow and what type of credit is right for you.
One of the best ways to set yourself up for financial success is to be conscious of your spending.
You can start with our online Budget Planner to better understand your expenses and start taking control of your finances. If you’re after a free and fast financial health check to ensure that you’re taking full advantage of your membership with Australian Mutual Bank, our Member Service Officers are on hand to give you some practical guidance on how our services can help maximise your savings and achieve your goal sooner.
For something so important, it is vital you do your homework and take your time to understand every aspect of the home buying process.
The guides below will give you valuable information you will need throughout the home buying process from start to finish. Of course you may still have questions along the way and that’s ok, we are ready to assist you. At Australian Mutual Bank we have been helping people to get into their first home, second homes and investment properties since 1953!
When it comes to financing the purchase of a home, borrowers are often faced with the dilemma of choosing between a fixed-rate mortgage and a variabl...
A significant expansion of criteria for the Home Guarantee Scheme is set to come into effect from 1st July 2023, with the aim to enhance the possibil...
Imagine you have a giant fishbowl that is about a third full of jellybeans. Your goal is to get the bowl filled to the top with jellybeans. Every tim...
If you locked in a fixed-rate loan before interest rates began to rise, you may be worried about the upcoming ‘mortgage cliff’ when the term expires.
Now that interest rates are potentially on an upward swing after reaching an all-time low in recent years, many people are looking to renegotiate the...
Spring time is the most popular time of year for open houses and auctions. You may have noticed real estate signs going up in your own neighbourhood.
If you’ve decided that 2022 is the year to finally bite the bullet and purchase property, whether it be for investment or your own home, there are fe...
The Australian dream of home ownership is still strong. As our housing market begins to shift gears in 2022, perhaps there will finally be an ‘in’ f...
There may be hope for those who have been patiently waiting for the right time to finally invest in a piece of property.
Refinancing is the process of changing or moving your existing home loan, to a new home loan. This is done by either changing lenders, or staying wit...
