Your financial health toolkit
Everyone’s financial journey will differ, but the basics of managing money are the same for all of us. It can be overwhelming to know where or how to start, but once you understand the principles and how to apply them to your situation, it becomes less complex.
No matter the goal, reaching it follows the same path:
WHERE I AM NOW > WHERE DO I WANT TO BE? > HOW DO I GET THERE FROM HERE?
To empower you to confidently manage your money and work towards your financial goals, we’ve rounded up a list of tools designed to give you personalised guidance every step of the way to put you in the best position to achieve that goal.
Understand your current situation
To get to your end goal, you need to know where you’re starting from. Having a full picture of your financial health means you’ll have all the information needed to begin moving forward.
| What to do | How to do it |
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Use our Banking App to get full visibility and control of your money. |
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Use the Money Movements add-on on your app to track your monthly spending by category. |
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Check your credit score with our in-app Credit Score add-on. The better your score, the better your lending rate. |
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Know who you owe
Your debt has an impact on your ability to save or your ability to access more credit. It helps to have a breakdown of your debt and understand how it’s affecting your money now, whether you can afford more of it and what you need to focus on to reduce it.
| What to do | How to do it |
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Create a debt log |
Download Template |
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Calculate your debt-to-income ratio |
Download Template |
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Take action to reduce your debt |
Download Template |
Start saving
Be purposeful in what you’re saving towards and choose the right place to store your money.
| What to do | How to do it |
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Start saving from scratch |
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Choose a savings or investment account to grow your money based on your needs |
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Set your savings in motion using our Save & Invest add-on |
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Make smart borrowing choices
If you’ve determined that you need to borrow money to achieve your goals, research your options thoroughly.
| What to do | How to do it |
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See which type of borrowing option suits your need |
Download Template
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Use our handy financial calculators to estimate your affordability and monthly repayments |
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Keep track of it
Review your savings plan annually to check whether your plan is still in line with your goals. Consistently adding to your savings is the fastest way to grow your money and take advantage of compound interest.
| When to do | How to do it |
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Pays out a lump-sum upon death, disability or critical illness. |
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Want to talk to someone about your financial goals and how to achieve them? Our financial planners can help.