Saving and budgeting

We all hit snags which are unexpected and which we are not usually prepared for. At Cash Direct we are always here to help and can help financially in your times of need.

However, it is always good to be prepared for unexpected bills and that is why budgeting and saving is so important. Budgeting and saving can allow you to have money saved away for a rainy day and can help you cover unexpected costs without the need for a small loan.

There are some great budgeting resources from Centrelink and ASIC’s MoneySmart which provide some great tips for budgeting.

There is also a great saving resource from ASIC’s MoneySmart. This can be found here.  

Some tips for budgeting and saving are:

• Call up your electricity/gas/water supplier to make sure you are getting the best deal

• Call up your phone/telco provider to make sure you are on the right plan or are getting the best deal.

• If you have Foxtel, call them up to make sure you are getting the best deal.

• Some banks now have an option where they round up the value of your purchases to the nearest $10. So, if you made a purchase of $7 they would round it up to $10. They then deposit the remaining $3 in your savings account.
  

If you do still require a Cash Direct small loan the best way is to apply online, it only takes a couple of minutes.

What is a Carer Pension Benefit?

Centrelink provides payments to people who provide daily care to someone who has a mental condition, has a severe disability or is frail aged.

The two main types of benefits are the Carer Payment and the Carer Allowance.

The Carer Payment provides financial help to someone who is unable to work in frequent paid employment as they care for someone who either:

You can access more information about the Carer Allowance here.

The Carer Allowance is an income supplement for people providing extra daily care for someone who is either:

• A child or adult with a disability or mental condition

• Who is frail aged
  

You can access more information about the Carer Allowance here.

Centrelink advance payment

If you are on a Centrelink Benefit currently you may be able to apply for a Centrelink Advance payment. By doing this you can get part of your income support or Family Tax Benefit Part A early and pay it back later out of your future payments.

There are certain rules about who is eligible and how often you can apply. These can all be viewed here.

This can be a good alternative to getting a small loan if an unexpected situation arises.

If you do still require a Cash Direct small loan the best way is to apply online, it only takes a couple of minutes.