KEEP SOME ‘FUN’ MONEY
One of the best ways to manage your finances is to divvy up your pay cheque into multiple accounts, with one for your expenses, one for your long-term savings and one for your living and entertainment — *cough* ASOS — costs. “You have to have a bit of fun, and need to allow for entertainment,” says Rantall. He also advocates putting some extra funds into your superannuation, so you can have fun in the future. “The last thing you want to do is get to retirement age, and not have the financial means to live a dignified retirement,” says Rantall.