Today on the ABC radio news was a report that the Australian economy was at its slowest since the Global Financial Crisis. This raised the spectre of whether the economy was heading for recession while acknowledging some sectors like retail to already be in recession. In fact, headlines are ‘Economy on the brink’. Concern was … More Recession looming – how to cope?
A couple of weeks ago I closed one bank account and opened another at a different bank. I realised the first bank stopped giving me what they called ‘bonus’ interest and reverted me back to 0.05% interest which everyone knows is nothing! Luckily I keep my eye on my accounts as these things happen. The impact is … More Stay out of trouble
A couple of weeks ago on a Friday my credit card was cancelled. The bank immediately cancelled the card when it became apparent the card had been compromised by fraudulent transactions. There I was at the beginning of a weekend with no credit card and almost no cash. That single card was my credit card, … More Fraudsters strike
Living well on a shoestring 