What’s the best financial decision you’ve ever made?

POOJA ANTIL

Research manager The best financial decision I made recently was to move my home loan to a fixed term on a very low interest rate for four years. It gave me such peace of mind when the cash rate went up every month starting from May until December last year. Not only I am able to save some money on my home loan but I also have time to get organised for bigger repayments once the term is over.

MATTHEW MARTUSEWICZ

Head of client success

A few years ago I reassessed my budget to put together a savings plan, which has made a difference. Reviewing my spending habits on a weekly and monthly basis, looking for better deals on my mobile plan or health insurance, and being more conscious of how and where I spent my money. It became addictive and helped me gradually build a house deposit.

PAM WALKLEY

Senior writer

Buying a rundown home on a double block in Sydney’s Balmain in a fast-rising property market in the late 1970’s was my best decision. We paid $39,500, renovated, subdivided and built a new home on the extra block. We sold the old home, lived in the new and eventually sold that too, making very good profits. Those two houses combined are now worth over $6 million according to realestate.com.au.

ROBERT CHRISTENSEN

Senior sub-editor

I realised early on that regular saving is the key to financial security. It allowed me to get onto the property ladder (much more affordable in those days, of course, although for some strange reason banks didn’t like lending people money) and to build up other assets such as super and shares. More tortoise than hare, but I’ll get there in the end.