![Financial squeeze tightens as prices of essential services skyrocket and wages hardly grow](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/m/s/q/i/z/image.related.wideLandscape.460x259.h0sqgy.png/1517880291573.jpg)
Saving
![Financial squeeze tightens as prices of essential services skyrocket and wages hardly grow](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/m/s/q/i/z/image.related.wideLandscape.460x259.h0sqgy.png/1517880291573.jpg)
Can you get out of a purchase after you commit to buy?
![Sue White (right) launched Media Bootcamp with fellow journalist Ginger Gorman (left) in mid 2017.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/u/g/1/6/image.related.landscape.120x80.h0ufog.png/1517905136726.jpg)
It can be hard to exercise your cooling-off rights – here's how to do it.
Seven ways to boost your income
![Selling your unneeded items can help you drum up extra cash.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/z/5/j/p/y/image.related.landscape.120x80.h0tsgg.png/1517991939036.jpg)
If strict budgeting isn't working for you, look for ways to earn extra income.
Irrational behaviour can cost you money
![Dividing money into different buckets is called "mental accounting".](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/s/z/u/6/image.related.landscape.120x80.h0szso.png/1517901916876.jpg)
Riddle me this: is it sensible to have debt and savings at the same time?
Social media is the new frontier for fraudsters
![A reader has received a phishing email about the death of a wealthy, elderly relative in the US.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/m/3/r/6/image.related.landscape.120x80.h0ru4y.png/1517642659889.jpg)
Personal finance expert Nicole Pedersen-McKinnon answers your questions.
School's back and our hip pocket will be better for it
![A single day camp playing tennis can cost more than $100 a child a day.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/o/8/f/2/image.related.landscape.120x80.h0o80u.png/1517300891619.jpg)
The cost of activities for children during the long break presents a significant financial burden for many families.
Move to extend expiry dates for gift cards nationwide
![Quick fix: Australians lose $200 million a year from not redeeming gift cards, but there are calls for uniform rules to ...](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/p/9/q/5/image.related.landscape.120x80.h0o783.png/1517212640118.jpg)
With expired gift cards costing consumers $200 million a year, pressure is building on other states and territories to follow NSW and make them valid for a minimum of three years.
How to save on the back-to-school expenses
![Rebecca Maher, with her daughters, Olivia, 4, and Isabelle, 1, says it is important to start early to buy the things ...](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/k/y/3/j/image.related.landscape.120x80.h0k7mz.png/1516844485860.jpg)
With term one just around the corner, many parents are looking at ways to cut the costs of sending their children to school.
How Hannah cut down on waste
![Hannah Thiem at home in Sydney, with some of the items she buys in bulk to avoid disposable packaging.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/c/s/v/j/image.related.landscape.120x80.h0b0sy.png/1515115312612.jpg)
Inspired by the War on Waste but think waste-free living is unattainable?
Most Australians will still be in debt from Christmas next Easter
![If you have bought too much for one person, stockpile it for next year rather than frantically buying to bring all the ...](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/h/0/6/p/d/z/image.related.landscape.120x80.h06o5a.png/1517175040819.jpg)
Stop, take a deep breath and project forward … to your Christmas Freedom Date.
Banks are failing in their obligations to cancel direct debits
![Gyms are notorious for making it hard to cancel membership.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/s/t/w/j/e/image.related.landscape.120x80.gzj6jg.png/1510664903436.jpg)
It seems everything is a subscription these days. If I scan through my bank statement, it's full of recurring payments.
ING to scrap international ATM fees
![ING](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/r/v/7/v/s/image.related.landscape.120x80.gzhtpk.png/1510273020846.jpg)
The fight over ATM fees is expanding overseas, with ING Austraila offering fee-free withdrawals from every ATM in the world to customers who conduct their main banking business with the digital bank.
How to avoid expensive mistakes when buying a new phone
![If you want to stream video on your smartphone, you'll need a decent amount of data.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/z/a/p/v/4/image.related.landscape.120x80.gzapm0.png/1509531347511.jpg)
If you're in the market for a new phone, price isn't the only factor you should consider.
Ten ways to live it up in your 20s and still get ahead with money
![Even social butterflies can set a few financial goals for their 30th birthday.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/z/9/z/n/1/image.related.landscape.120x80.gz9zek.png/1509721340482.jpg)
Questions 25-year-olds are generally a variation on the "champagne lifestyle" conundrum.
What is the cost of a child's birthday party?
![It's a trade-off: buying a cake saves time, while making one saves money.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/z/8/q/s/1/image.related.landscape.120x80.gz8q26.png/1509595245801.jpg)
It pains me to say I have created a rod for my own back. We have three children, aged 7 through 18 months and we have always, every single year, had a party to celebrate the day of their birth.
Car ownership the norm, despite the rise in car sharing
![Sydney family Bronwen Morgan, Jim Conley and their kids Cassidy, 9, and Brooklyn, 7, have not owned a car in five years.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/z/5/f/c/m/image.related.landscape.120x80.gz5fko.png/1508812160498.jpg)
The Morgan-Conley family doesn't own a car, but they're going against the tide.
Painless hacks to pay off your mortgage years early
![Using an offset account lets you use every dollar twice.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/z/4/w/g/v/image.related.landscape.120x80.gz4vug.png/1508846514715.jpg)
Round-up apps and features make saving automatic and therefore, psychologically, pretty pain-free. But there are ways to use similar mind tricks, without waiting for the next bells-and-whistles product, to pay down your mortgage quickly and easily – and save a fortune.
ANZ extends Apple Pay to 1.6 million Access cardholders
![ANZ Access cardholders are now able to tap and go with Apple Pay on their mobile phones.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/q/t/w/j/5/image.related.landscape.120x80.gz347g.png/1508458172176.jpg)
ANZ Access customers will be able to use Apple Pay with in-store eftpos mobile payments, making the bank the first Australian financial institution to offer Apple Pay.
Round-ups go mainstream, as banks embrace behavioural finance trend
![Technology can help you avoid temptation to dip into savings.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/w/o/6/i/o/image.related.landscape.120x80.gz0sly.png/1508115371102.jpg)
Round-ups boost savings by tapping into insights from behavioural finance, and they're going mainstream.
Cautious consumers tipped to drag on economy
![Retail sales have fallen for two months in a row, according to ABS figures.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/u/f/r/g/e/image.related.landscape.120x80.gyz8z8.png/1508246736406.jpg)
Retailers have suffered their worst two months since 2010, and there is a growing view among economists that it reflects a broader pattern of consumers growing more cautious with their money.
Your 10-week plan to prepare for Christmas
![Christmas is 10 weeks away, which gives you plenty of time to plan and budget.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/y/z/q/8/x/image.related.landscape.120x80.gyzpci.png/1507788782963.jpg)
The first mentions of Christmas are creeping into retail marketing, and for many Australians that signals unbridled spending and a January spent worrying how to pay-off the credit cards.
How dress rental sites can save you money on fashion
![Customers pick through the racks at Dressed Up in the City, a fashion business that offers designer dress rentals.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/y/z/l/z/e/image.related.landscape.120x80.gyzlg4.png/1508159048407.jpg)
There are about 70 dress rental sites in Australia and some let you rent out your own clothing.
A 10-step financial detox to get fit for Christmas
![If you're detoxing your body, why not detox your bank balance as well?](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/t/s/4/e/p/image.related.landscape.120x80.gyt075.png/1507001570632.jpg)
There is still time to make sure you finish the year well and are on a better financial footing to launch into 2018.
The price of convenience may be higher than you think
![I don't know how many seconds you save by using the tap-and-go eftpos terminals, but it sure feels fast and super-convenient.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/z/t/4/9/c/image.related.landscape.120x80.gyqdo4.png/1506566657653.jpg)
As we move away from payments in cash to technology-enabled transactions, other issues arise.
Average household has $5400 worth of unwanted items they could sell online, report finds
![Rick Evans buys and sells camera gear using Gumtree and eBay.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/y/m/t/6/e/image.related.landscape.120x80.gylr1l.png/1508214907358.jpg)
Buying and selling of preloved personal goods could be worth $43.5 billion a year and has grown by almost $4 billion over the past year.
Why your 50s are a critical decade for fitness and finances
![Fitness guru Fred Liberatore knows your 50s are a crucial decade for fitness.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/y/l/x/9/d/image.related.landscape.120x80.gylx3t.png/1505969738555.jpg)
Fred Liberatore believes that living a healthy lifestyle is better than any pill for not only living longer, but also living happier.
'Be a rate tart': switch savings accounts to get rates above 3pc
![The rates offered for online savings accounts have been falling rapidly.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/u/2/8/o/h/image.related.landscape.120x80.gylsjq.png/1506175782355.jpg)
Financial expert Nicole Pedersen-McKinnon says becoming a rate tart is the only way to get decent interest on savings accounts, without meeting onerous conditions.
Why my health fund hates me, but I love it
![One way to save money on health insurance is to increase your excess.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/x/d/s/o/p/image.related.landscape.120x80.gyld4j.png/1505952916795.jpg)
Financial expert Nicole Pedersen-McKinnon shares five ways to get the most out of private health insurance.
'Lots of work, a dead goldfish, and $2000: my experience as an Airbnb host'
![Fran Cusworth with her 12-year-old son Redmond. Fran let out her house on Airbnb and it earned about $2000 over three weeks.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/y/j/g/o/i/image.related.landscape.120x80.gyjkgh.png/1506177903182.jpg)
We would be paying to stay in other people's homes in Paris and Rome - why not see if other people would pay to stay in ours in Melbourne?
How iPhone prices suggest our dollar is too high
![The price of an iPhone in different countries is one measure of a currency's strength.](http://web.archive.org./web/20180208042357im_/https://www.fairfaxstatic.com.au/content/dam/images/g/y/j/i/y/4/image.related.landscape.120x80.gygcg2.png/1507853346388.jpg)
iPhones sold in Australia have been getting dearer over the past few years compared with other countries, CommSec's iPhone index shows.