The Great Financial Reset Challenge
The start of a new financial year is the perfect time to press reset.
You don’t need a massive pay rise, a winning lottery ticket or a complicated financial plan.
Sometimes the smallest changes create the biggest results.
We challenge you to complete the following five tasks during July.
Challenge 1: Save An Extra $20 Per Week
An extra $20 per week may not sound like much.
However, over a year that’s more than $1,000.
Small amounts add up surprisingly quickly.
Challenge 2: Cancel One Unused Subscription
Streaming services.
Apps.
Memberships.
Online tools.
Most households have at least one recurring expense they no longer use.
Cancelling just one could save hundreds of dollars each year.
Challenge 3: Review Your Superannuation
Spend 15 minutes checking:
- Your balance
- Fees
- Investment options
- Beneficiary nominations
Future you will appreciate the effort.
Challenge 4: Pay Extra Off Debt
Even a small additional repayment can help reduce interest and shorten repayment periods.
Every extra dollar counts.
Challenge 5: Set One Financial Goal
Choose one goal for the next 12 months.
Examples include:
- Save $5,000
- Pay off a credit card
- Build an emergency fund
- Purchase an investment property
- Increase super contributions
The goal itself is less important than committing to it.
Your July Scorecard
How many challenges can you complete?
☐ Save an extra $20 per week
☐ Cancel one unused subscription
☐ Review your super
☐ Make an extra debt repayment
☐ Set a financial goal
The Bottom Line
Financial success rarely comes from one big decision.
It usually comes from a series of small, consistent actions taken over time.
Why not make this July the month you take the first step?
Your future self will thank you for it.