Six tips to get on top of your finances
1. If you haven't already, download the ATO app.
2. Go cashless
It’s the simple way to have a complete digital record of your spending. Pay with your debit or credit card using Apple Pay or Google PayTM.1 Transfer money and set up ongoing direct debits via Move Money in HSBC Online Banking.
3. If you're looking to start saving, set up different savings accounts so you can best meet your goals.
It's a good idea to set up an'emergency fund', for those unexpected expenses. So look for an account that gives you the flexibility to save but access your funds when you need them. With the HSBC Bonus Savings account Monthly Bonus2, this could be the account for you.
You should also consider opening an account to save for a longer term goal, such as a new car, small renovation, or a well-deserved holiday. The HSBC Everyday Savings account will pay an introductory rate of interest for the first 3 months3. This may be the perfect account for you to start saving for your next goal.
4. Check you are making the most of your everyday bank account.
Did you know that you can get 2% cashback4 on your eligible everyday spend with the HSBC Everyday Global Account. Every bit you save now helps you on your road to being a Financial Wellbeing.
5. Consider investing in shares.
This could be daunting if you are unfamiliar with the stock market however there are lots of tools and investment options open to you, including investing in Exchange Traded Funds and Managed Funds, so you can feel confident in diversifying your investments across different asset classes, industries and regions across the globe. With HSBC’s Online Share Trading you can get access to complimentary research, trading ideas and technical insights. You can also link your HSBC Deposit Account to earn interest and trade instantly5. And be ready for your next tax return with a complimentary End of Financial Year report.
6. To stay up to date and manage your finances, ensure you have the HSBC Mobile Banking app.
It's been created to let you manage all your banking needs on the go, simply and securely. The Mobile App ensures you have banking at your fingertips and the peace of mind that you can access your accounts, 24 hours a day, 7 days a week.If you haven't already, download it now on your device or you can learn more about the app here.