Home: Smart Money Program

My attitude to budgeting and expenses is that...
budgeting helps me to maintain discipline, pay the bills and save a little for a rainy day I have a budget but I find it doesn't work very well for me I don't like budgets and prefer to trust my instincts
My attitude to money is best summarised as...
I earn $100 and I typically spend $110 I earn $100 and typically spend $100 I earn $100 and typically spend $90, saving $10 for a rainy day
The amount I typically pay off on my credit card account each month is...
the minimum payment due more than the minimum but less than the total owing the total balance owing
I lose sleep over my debt situation...
regularly sometimes never
I see my main form of wealth creation being...
paying off my home reducing debts and maximising my super reducing debt so that I have more funds available to invest
On balance, I feel most comfortable investing in...
property shares a combination of property, shares and other investments
As far as my future goes...
I know what wealth I need to accumulate, and how to do it I think I'll be OK but am not sure why I'm concerned that I may not be doing enough to maximise my opportunities before they run out
I know what to do if I lose my income...
I'll look for another job I'll sell assets to get by until I restore my income I have a risk management plan and income protection to cover me
If a major crisis affects me or my loved ones...
I have a back up plan, including an up to date Will I'll rely on my own resources and help from family and friends I'm not sure how I'd cope
To me, tax is...
a necessary evil a major expense I'd like to reduce a major expense I manage effectively within my wealth creation plan
I know how to effectively manage tax because...
I know enough about it to make the right decisions I have friends or family who help me decide what's best I get advice because I know its a complex area
I work pretty hard...
and I feel in control of my money and my life but I'm not sure if I'm as good at managing my money as I am managing my job but I feel I don't allocate enough time and effort to managing my money
To me, building wealth is...
insurance for the future - it will afford me greater freedom to choose the life I want later on important so I can live the life I want now and set myself up for the future not important at the moment, I'm too busy working hard and living life to the full