See all articles
INSIGHTS
With cost-of-living expenses increasing, here’s some quick wins to keep more of your money in your bank account.
Create a budget and track your expenses
Saving doesn’t have to be hard. In less than 15 minutes you can get a full view of your finances with our handy budget calculator. Grab a cuppa and settle in as you break down your income, savings and expenses step-by-step so you can plan financial freedom.
Setting up separate accounts
Are you saving for a home loan deposit or your next holiday? Setting up separate dedicated accounts for bills, savings, loans and emergencies, can help you see where your money is going. It’s also a great way to help stay on top of your spending, and it’s simpler than you think. In the Hume Bank App, iBank, or by visiting one of our branches, you can set up automatic transfers to each of your accounts to go in every payday or other regular time you choose.
Review subscriptions
Are your streaming services eating into budget? Did you know you can still enjoy your favourite music without paying for every streaming service? Figure out which services you’re using the most and cancel the others. Then rotate through services based on what you want to watch or listen to. Account sharing on some platforms is also a great solution to accessing the content you want while reducing your costs. Or consider switching to a free version if the service has one.
Cook at home
Cooking at home may sound boring, but it’s a great way to save your pennies while also sharpening some skills. Try your hand at learning to cook your favourite takeaway meal or make a date night out of cooking together.
Use comparison sites
Whether you’re reviewing your super, opening a new bank account or looking for cheaper insurance, there’s way to compare the options available to you. And if you’re looking to score a great deal on your home loan, look no further than our locals-only offer.
Review your mortgage to decide if refinancing is right for you
If you’re a homeowner thinking about a change, you’ve come to the right place. And if you’re a local it can get even better. Our home loans give you competitive interest rates meaning lower repayments and more money in your pocket. And you’ll have access to:
- The lowest rates to help you pay off your loan sooner
- Up to eight offset accounts or free redraw depending on your loan
- Low or no application and ongoing fees to keep your costs down, and
- Flexibility to make extra repayments and change your payment frequency