I cannot believe 2014 has flown by so fast!!!  It feels like one minute it was January, then June, then for me November and December have just rolled into one!!!  Given 2015 is approaching fast, here are some easy ways you can sort out your finances in time for the new year!

1) Do a budget

Oh! I hear you groan. Don’t worry, I understand!  But the truth is that a budget does not have to be a complicated scary beast and it is the BEST way to keep control of your finances.  I used the MoneySmart website’s free budget planner and it was dead easy to get my budget done.  If you want to check out the planner click here, or if you want to read about how I did my budget click here.

2) Boost your income

There are lots of ways to boost your income but one of my faves is making sure I am getting all my entitlements from the government.  For this I use the Centrelink Payment Finder – it is fast and alerts me to payments that I might be eligible for.  Also I like to do an unclaimed money search.  It takes all of 20 seconds and is completely free. Potentially it could find you any lost bank accounts, shares or life insurance policies that you might have forgotten about.  My boss found $2000 in lost super by doing this search so it is definitely worth trying it.

3) Consolidate your super

Don’t feel bad if you have more than one super account, pretty much everyone does.  Apparently there are roughly 3 superannuation accounts for every working Australian! So you are not the only one!  Consolidating is way easier than you think, just go to the Australian Tax Office’s SuperSeeker site and you will be able to consolidate your accounts online.  No paper involved!!!  So look into consolidating your accounts, it is easy, free, and it will save you on fees. That means more money for your retirement.

4) Revisit your insurance

Revisit your policies:  do you have enough insurance?  Have your circumstances changed?  Are you getting the best deal for you and your family?  Insurance is not just a case of ‘set and forget’. Things change and when the worst happens and you really need it, you want to be sure that you are covered.

5) Set yourself a 2015 savings goal and work towards it

Whether it is a family holiday, paying off debt, or presents for the kids, set yourself a goal and use 2015 to work towards it.  Click here if you would like some ideas on how to save and here to see how to set a goal and work towards it.  Remember, it is the small things that count, so use the New Year as a fresh start and you will be amazed what you can achieve.

As 2015 approaches it is a great time to think about your financial future and get your financial life in order.  This will be my last post for 2014 before taking some time off to be with my family.  Thank you for reading my posts, your support is greatly appreciated.  I wish you and your family a fantastic Christmas and a wonderful New Year and I will catch you all some time in January 2015!

Shelley

If you liked this you might also like:

15 Ways To Save Money In 2015

How Much Your Credit Card Debt Is Really Costing You

5 Websites That Will Make Or Save You Money

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Disclaimer:

The information contained in this post is general in nature and does not constitute financial advice.  Please see your financial advisor for advice specific to your individual circumstances.