![Financial squeeze tightens as prices of essential services skyrocket and wages hardly grow](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/g/m/s/q/i/z/image.related.wideLandscape.940x529.h0sqgy.12uqus.png/1517899771623.jpg)
Money features
![Albert Einstein is said to have called compound interest "the eighth wonder of the world".](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/v/t/x/p/image.related.landscape.120x80.h0vtxk.png/1518163358268.jpg)
Apply the secret of compounding to debt and savings
Albert Einstein called compound interest "the eighth miracle of the world" because its effects really do appear miraculous.
![The Financial Planning Association is a good place to start to find a good adviser.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/v/s/x/o/image.related.landscape.120x80.h0vsxl.png/1518125014843.jpg)
How to find a good financial adviser
It's great commissions are gone but where do you find the good advisers?
![The report argues the current 9.5 per cent rate is adequate to fund a decent retirement income for the typical worker.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/g/y/z/8/0/1/image.related.landscape.120x80.h0vs81.png/1518163332327.jpg)
Scrap super guarantee increase to boost wages, save $2b: report
Workers should not be forced to lock away a rising portion of their wage in superannuation, according to a new report.
![Members of a couple timing their entry to aged care can make a difference to their means assessment.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/g/u/c/g/h/x/image.related.landscape.120x80.h0vrva.png/1518152551925.jpg)
Timing is important when couples enter aged care
The natural instinct for many couples who both need aged care is to move together, on the same day.
![The average credit limit has jumped to $9143.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/v/9/0/7/image.related.landscape.120x80.h0v8uo.png/1518075465522.jpg)
Your unused, emergency card limit now risks your credit rating
Your credit score will be recalculated from July 1, and a high card limit will cost you.
![Recalcitrant employers who ignore court orders to pay compulsory super entitlements could face imprisonment.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/v/8/9/1/image.related.landscape.120x80.h0v81g.png/1517972869620.jpg)
Unpaid super: let the punishment fit the crime
Jailing employers who don't meet their compulsory super obligations will do little to improve overall superannuation coverage in the general population.
![Selling your unneeded items can help you drum up extra cash.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/g/z/5/j/p/y/image.related.landscape.120x80.h0tsgg.png/1517991939036.jpg)
Seven ways to boost your income
If strict budgeting isn't working for you, look for ways to earn extra income.
![Banks have toned down the incentive for tellers to pursue sales targets.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/g/i/8/5/1/f/image.related.landscape.120x80.h0tpgp.png/1517905163047.jpg)
Why 'cross-selling' is on the nose in financial services
Banks are hinting they will stop trying to flog us as many financial products as possible. That is good for customers and shareholders alike.
![Dividing money into different buckets is called "mental accounting".](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/s/z/u/6/image.related.landscape.120x80.h0szso.png/1517901916876.jpg)
Irrational behaviour can cost you money
Riddle me this: is it sensible to have debt and savings at the same time?
![Economist Daniel Kahneman was awarded the Presidential Medal of Freedom by former US President Barack Obama. His story ...](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/g/t/7/8/c/t/image.related.landscape.120x80.h0rv3e.png/1517816204887.jpg)
Books to read to move from loathing to loving finance
Here are some fantastic books to turn learning about money matters from a burdensome chore into a pleasure.
!["Buy now, pay later" apps, zipPay and zipMoney, are proving popular with shoppers](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/h/g/h/n/image.related.landscape.120x80.h0scl3.png/1517651360639.jpg)
Zip Co shuffles the Shares Race's pecking order
With Zip Co picked by four of our eight racers, the fortunes of the company, which operates the zipPay and zipMoney "buy now, pay later" apps, was always likely to be one of the swing factors of the race.
![Quitting his job in finance and making a living as an MC and radio host is a dream come true for Neil Lithgow.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/r/s/a/4/image.related.landscape.120x80.h0rs64.png/1517905188291.jpg)
Perfect super storm brewing on back of gig economy boom
The reluctance of gig economy workers to contribute to superannuation has created the perfect storm in Australia.
![The bull market should continue for a while.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/i/0/j/f/image.related.landscape.120x80.h0sdn2.png/1517558470608.jpg)
Weed your share portfolio while the good times roll
The outlook for share investors is positive with a strong possibility that the Australian market could reach the record highs of 10 years ago.
![A story about a magical train is a good allegory for compound interest.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/r/w/o/2/image.related.landscape.120x80.h0rvwq.png/1517558509474.jpg)
What if someone invested $2.83 a day for you since birth?
My eldest son was born in October 1981. I could easily have afforded to invest $2.83 a day for him, but like most parents I didn't get around to it.
![About one in three tenants say they do not get all of their bond back.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/g/h/w/i/3/w/image.related.landscape.120x80.h0oc64.png/1517197818016.jpg)
Don't get caught short on rental bonds
One in three renters are losing bond money at the end of a tenancy.
![Travel writer Tim Richards in Alaska on his quest to travel the world without cash.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/q/1/r/d/image.related.landscape.120x80.h0punx.png/1517204544811.jpg)
'I travelled around the world without (much) cash'
Freelance travel writer Tim Richards tries to get by with contactless payments on three continents.
![For the first time, employers who defy orders to pay super to their employees will face jail.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/z/v/w/y/2/image.related.landscape.120x80.h0oupi.png/1517300850763.jpg)
Employers who don't pay super face up to a year in jail
The government intends to introduce court-ordered penalties, including up to 12 months' imprisonment, where employers defy directions to pay their superannuation guarantee liabilities.
![Market sentiment in the United States is at historic highs.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/g/w/e/e/j/m/image.related.landscape.120x80.h0pumd.png/1517300860176.jpg)
'Be prepared to pull the trigger': why the risk of a market crash is high
I wouldn't want to scare you but have you seen a chart of the Dow Jones or the S&P; 500 index recently?
![Bellamy's Australia has made steady gains in its share price without the drama after its listing.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/g/s/w/o/y/r/image.related.landscape.120x80.h0oo2t.png/1517212651514.jpg)
Bellamy's back from the brink
Don't ever let anyone tell you they know what's going to happen in the stockmarket. Oh, they might believe it, but they're wrong.
![Labor's proposal exempts newly constructed property from its negative gearing changes, but not from the rise in capital ...](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/g/z/t/k/z/q/image.related.landscape.120x80.h0otr3.png/1517212631810.jpg)
Consider higher capital gains tax before you invest
While attention is currently focused on the possible impact of negative gearing tax changes on property prices, investors also need to consider the impact of higher capital gains tax bills on future investment decisions for all asset classes.
![You can use payment rings such as the "Halo" ring from Bankwest anywhere that you can tap a credit or debit card.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/o/t/c/w/image.related.landscape.120x80.h0p1gv.png/1517174693899.jpg)
Payment rings will take us from the public transport network to the beach
Bankwest has launched the first payment ring in Australia, as more wearable technology is enabled for contactless payments.
![Fantasy sports app SportsHero has helped Angie Ellis into the lead in week one of the Shares Race.](http://web.archive.org./web/20180209202959im_/https://www.fairfaxstatic.com.au/content/dam/images/g/v/0/b/z/d/image.related.landscape.120x80.h0om7v.png/1516953139323.jpg)
Ellis hits the lead in the first race of the year with SportsHero a winner
It's the first week of the first round of the year for the shares race and already Angie Ellis of 80 20 Investments occupies the top spot - a position she occupied for most of last year.