Australian Finance Podcast

Joint accounts or keep it separate? Let's chat about money & relationships [👶🏼 Family Finance]

Dec 11, 2024
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ADVICE

Shop Around for Banking

  • Don't get stuck with one bank, explore different options for better interest rates.
  • Shop around for the best mortgage rates and bank features, even if it means switching banks.
ANECDOTE

Negotiating with Banks

  • Siobhan negotiated a lower mortgage interest rate and cashback by assertively escalating her concerns to bank managers.
  • She advises being prepared and assertive, but also kind, when negotiating with banks.
ANECDOTE

One Big Bucket Approach

  • Phoebe Kohler and her partner, Lee, manage their finances by pooling everything into one account.
  • This approach simplifies bill payments and savings tracking for them.
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