We understand that financial health can feel out of reach when funds are feeling thin. However, everyone can sort their finances out with some support.
Budgeting to meet your needs is a life skill. While it changes with your circumstances, getting the basics down will help you out in the long run.
Keep reading for some quick resources on budgeting, debt and staying on top of your rent.
First things first
Paying your rent on time means you are meeting the most basic requirement to keep your home and your family securely housed. It’s the first step in managing your household budget.
When you do a budget, you should deduct your rental amount before proceeding with any other expenses.
Use the MoneySmart budget planner
If you’re unsure where to begin with your budget, have a look at the MoneySmart planner by following this link: https://moneysmart.gov.au/budgeting/budget-planner
The tool allows you to put in your income and necessary expenses, such as rent and groceries, and then tell you how much money is left over.
You can access more information on the MoneySmart website: https://moneysmart.gov.au/budgeting/how-to-do-a-budget
Call the National Debt Helpline
If you’re struggling with debt, there are services out there to help. Visit the National Debt Helpline website here: https://ndh.org.au/
Get in touch with Wentworth
At the end of the day, Wentworth is always here to help. We can provide support by connecting you with resources that will help you stay on track.
As a start, have a look at these fact sheets we prepared for tenants living in the Blue Mountains and Hawkesbury regions:
Don’t hesitate to reach out to our team by calling 02 4777 8000 or emailing firstname.lastname@example.org.