The learning room

Managing your household finances can be a tricky business. In fact, “business” is quite an appropriate word to describe it. Household finances are virtually identical to those of a business. Granted, they normally deal in smaller amounts of money, but other than that, the principles are the same. Funds go in and out and must be tracked, forecasts must be made, budgets must be met - it requires an intimate understanding of the principles of cashflow management, planning, tracking, change management, credit, interest...

But there’s one very important difference: In the business world, financial management is meticulously and systematically managed by highly qualified and very well paid professionals. In the household, we’re expected to just muddle through and keep our fingers crossed.

It doesn’t have to be this way. The OnceOnline solution aims to simplify all of this and make it easy to have more control. And the Learning Room takes it a step further with useful tips and information

Starting out – the first timers guide to finance

Couples guide to starting out

Four Australian families provide their tips for budgeting