Our Vision

We Want
A New Alternative

Over the past few years it is becoming more and more evident that many Australians are unable to gain an emergency savings safety net, putting them at risk should an unexpected situation arise. When the money coming in is only enough to live week to week, if a day comes when income drops or expenses increase, a savings fund is needed to pull through.

19%

Of Australians don't have any emergency safety net.

That’s almost 5 million people who are at financial risk if an unexpected situation arises.

Refer to the bottom of this page.

34%

Of Australians, on average, spend all of their income each week.

That’s more than 1/3 of Australians who are mostly living week to week.

https://www.mebank.com.au/news/financial-comfort-buoyed-to-record-high/

Only borrow what is needed

With the huge popularity of small amount lenders in Australia we know that sometimes only a small amount is needed. We want to provide that help without leaving you open to more debts.

Return to financial progress

If bills are piling in and your income isn’t coming in at the right times to compensate, you can come at risk of missing bills and incurring more charges. Sometimes a boost is needed to fix cash flow and make progress again.

Deal with Emergencies

We want to help those minor emergencies that can turn into major ones if you don’t have the funds at the right time. Such as car repairs so you don’t miss work, last minute travel expenses or even medicine.

An Ongoing Plan

We understand that short term, small amount support payments are only a solution to emergencies and they don’t always fix your financial situation longterm. Thankfully there are other options available that can help form a more permanent solution.

  • Budgeting

    Many Australians do not actively follow a budget even though setting up a reasonable budget and, more importantly, honouring it is one of the best ways to ensure savings are made each week.

  • Payment Management

    Properly managing upcoming bills and repayments is possibly the most important and challenging part of managing our own finances. Actively keeping track of due dates ensures enough money is available at the right time.

  • Transaction Reviews

    In todays day and age it is easy to waive your card and not think about the money you have just spent. Actively reviewing your transactions and calculating your daily or weekly totals can go a long way in understanding and therefore improving spending habits.

We hope to encourage these solutions which is why we have partnered with financial support companies that share our vision.

The shortfall of savings and the need for support

With recent events in Australia involving Covid and associated job loss, the need for emergency savings has been brought into focus. The below table shows just how many Australians are at risk.

In a 2020 study by finder, 1,000 Australians were asked how long would they be able to support themselves or their family if they were out of work. 
The results are as a percentage of those 1,000.

View the study here: 
https://www.finder.com.au/millions-of-households-have-no-emergency-savings