Skip to main content

Stay on top of life's challenges 

15 January 2020

Ever wondered what it takes to secure your dream home?

Have you considered starting a business but don’t know where to start?

You want to live an Instagram life on a student budget?

We hear you. And we’re here to help. Meet Suren. Ex-accountant, comedian and life coach.

How to save when times are tough

A lot of people are afraid of a budget- but you shouldn’t be. Budget’s help you keep on track of your savings and spending goals. Set a realistic target and set out the steps you need to take to reach it. This could include having separate accounts for spending and savings.

Analyse your sending habits and work out what it really is you should be spending on and those items that you could cut back on. Think about if you really need to indulge in your favourite cuisine from your favourite top end restaurant in the comfort of your home.

Shop around for the best deals. There are things that you must pay for – gas, electricity and all the other bills. Make sure you get the best deal for yourself.

Suren’s final bit of advice? Watch below.

Load video
How to save when times are tough
How to save when times are tough

How to actually buy a house  

Buying a house can be hard. Suren’s first tip? Research. Research. Research. It’s the biggest investment you’re going to make in your life. As Suren puts it, “you can spend three hours researching the best pizza on trip advisor, you can put some time into finding the perfect house to buy.”

Understand what costs are involved in buying a house; think stamp duty, mortgage insurance, deposits. See what grants are available to help you get a better deal. Government funding is available in most states so do your research to see what deals are available to you.

See Suren’s advice in full, video below.

Load video
How to actually buy a house
How to actually buy a house

How to avoid first year stuff ups

Have you just started your own business? Here are somethings you need to be across, according to Suren.

You must have a plan. It’s important to set goals and know what it is you’re trying to achieve.

Don’t overspend. Don’t under spend. Shop around so you get the best deal for your business. Make sure you’re not spending all your money up front.

Want more tips to help your business succeed. Watch Suren’s tips below.

Load video

Note: This article contains general advice only. Readers should seek a trusted professional’s advice on financial matters.

Related Topics

Bendigo and Adelaide Bank acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of this nation and the Traditional Custodians of the land where we live, learn and work. We pay our respects to Elders past and present as it is their knowledge and experience that holds the key to the success of future generations.

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

© Copyright 2024 Bendigo and Adelaide Bank