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Spend carefully

Five ideas for your financial wellbeing WOF check

A little time putting your money under the spotlight is a surefire way to keep your finances running smoothly.

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Get a financial tune-up

Set aside 30 minutes this month to check in on your financial wellbeing. There’s no pass or fail, just five easy steps that could help improve your current situation.

A regular review of your financial wellbeing isn’t just less overwhelming, it helps you track your finances and keeps you on the road to your savings goals. Ready to take your finances for a spin?

Idea 1. Know where you’re at

The first step to putting your money in the best long-term shape is to get a handle on how you’re tracking right now. You can find out by answering questions in the ANZ Financial Wellbeing Calculator.

Find out your score

Idea 2. Boost your savings motivation

Visual cues are your savings trump card. That’s why you can add a picture and name to your accounts in the ANZ goMoney mobile app. Including a photo of what you’re saving for is an easy way to help you stay focussed, because it literally keeps your eyes on the prize. 

Learn about goMoney

Idea 3. How to divide and conquer

Simplify the way you organise your money with the help of buckets. This means using different bank accounts to manage your money. 

Organising and naming your accounts for different things, like 'everyday spending', 'treats' or 'savings' could help you get into the habit of moving money into them the moment your pay lands. And good habits equal better financial wellbeing.

How to organise your money

Idea 4. Unsubscribe to help your savings thrive

Subscriptions are the best, as long as you’re using them. So take a little time to rummage through your bank account transaction history and app store subscriptions to see if there’s anything you could ditch. Simple savings like this are a great way to boost your financial wellbeing.

How to thrive with fewer subscriptions

Idea 5. It pays to shop around

We all need to stay in touch, shower, and run the washing machine. So make a quick online search to compare phone and power companies. You may find a better deal or an offer for new customers. It might even prompt your current provider to cut you a better deal. Shop around – your budget will thank you.

Ways to save without sacrificing what you love

Steps to financial wellbeing

Our financial wellbeing programme can help. Try one step or two, or work through the programme's six steps in any order.

Plan your spend

Tips to understand your needs and wants, and then track how you spend your money.

Plan your spend

Organise your accounts

Using account ‘buckets’ can help you stick to your budget and achieve your money goals.

Organise your accounts

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Related tools and content

Budget calculator

Plan your spending and saving with our budget calculator. Plug in your after-tax income and main expenses to create a budget that works for you.

Budget calculator

Savings goal calculator

Use this calculator to work out how much money you need to save weekly, monthly or each year to reach your savings goal.

Savings goal calculator

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Important information

This material is for information purposes only. Please talk to us if you need financial advice about your situation and goals or about our products and services. See our financial advice provider disclosure (PDF 39.9KB).

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