Goals & Planning

Making a will

If you are over 18 with any possessions to your name, then you need a Will. It’s pretty gloomy to think about, but it will make life so much easier for those left behind. And it means you decide who gets your stuff, rather than a pre-determined government formula. This might mean taking steps to make sure your family are provided for, gifting something sentimental to your best friend or making a donation to a charity that inspires you.

If you have kids, there’s a whole set of other issues to consider, like who you would trust to raise them should the worst happen. Who loves them and is going to be physically and mentally able to raise them the way you want? And who do you trust to look after their inheritance until they are old enough to do so themselves?

There are different ways to get a Will – a DIY kit (if you know what you are doing), through your lawyer or through the State Trustees (but note they can charge a large commission if you make them the executor).

You should pick an executor who is trustworthy, reliable and happy to deal with the paperwork on your behalf. If there might be disputes, it can be good to choose someone independent or you can nominate one from each side of the family.

Don’t leave your loved ones guessing what your wishes were, particularly if you may be leaving children behind. Leave your assets and your little ones in safe hands, and make a Will today.

Laura Vickers is the Principal of Nest Legal, Australia’s first online after-hours law firm for busy women and their families, and finalist for the 2015 LIV Law Firm of the Year. For more info about making a Will, go here.

Did you know that from 1 July, you will be able to do this using the newly launched myGov online service?

Once you set up an account with myGov, you essentially gain access to a secure online inbox. Here you will be able to receive online letters, statements as well as other important information from various government bodies such as:

  • Medicare
  • Centrelink
  • Veterans’ Affairs
  • eHealth Resources
  • National Disability Insurance Scheme
  • Child Support

The ATO’s Steve Vesperman said “You’ll be able to update personal information, keep track of your superannuation, pay any tax debts and keep tabs on the processing of your tax return…you can be confident that your personal information and records are secure.”

To set up your myGov account, visit my.gov.au.

Follow the conversation on Twitter at www.twitter.com/ato_gov_au and join the Facebook community at www.facebook.com/ato.gov.au



Life-is-beautifulSometimes it’s not about starting something, it’s about stopping.

Full article on LifeBuzz. Here’s the highlights – we’ve added an exercise for each idea to get your started. What # rings true for you?

#1. Stop spending time with the wrong people.

EX: Identify someone you spend time with who drains your energy. Unless they need your help, cut your time with them back a little.

#2. Stop running from your problems. – Face them head on. 

EX: Identify your #1 problem at the moment. What’s one thing you can do about it?

#3. Stop lying to yourself.

EX: What do you need to be more honest about?

#4. Stop putting your own needs on the back burner.

EX: Do something for yourself today! Just do it!

#5. Stop trying to be someone you’re not.

EX: Identify someone who you want to be like. Do you really want to be them?

#6. Stop trying to hold onto the past.

EX: Think of a memory in the past you hold onto. Take a deep breathe, fill your belly. Breathe into the memory. Now exhale, say out loud ” I let it go”.

#7. Stop being scared to make a mistake.

EX: Do something you think you’ll fail at. See what happens!

#8. Stop berating yourself for old mistakes.

EX: Repeat similar exercise from #6. Identify something you are constantly berating yourself about. Take a deep breathe, fill your belly. Breathe into the idea. Now exhale, say out loud ” I let it go”.

#9. Stop trying to buy happiness.

EX: What have you bought lately because you thought it would make you feel good? Next time you make a similar purchase, ask yourself ‘why?’. What feeling are you trying to buy? What else can you do to create that feeling?

#10. Stop exclusively looking to others for happiness.

EX: Identify a person that makes you happy? What makes them that way? What quality do they have? Mmm yes you have it too!

#11. Stop being idle.

EX: Get up today and DO something you’ve been putting off.

#12. Stop thinking you’re not ready.

EX: START. Start investing, start a conversation with a guy you like, start negotiating a career progression… just START.

#13. Stop getting involved in relationships for the wrong reasons.

EX: Focus instead on the relationship you have with yourself, all other relationships are a bonus.

#14. Stop rejecting new relationships just because old ones didn’t work.

EX: Repeat similar exercise from #6 & 8. Identify something you have experienced in a relationship in the past. Take a deep breathe, fill your belly. Breathe into the idea. Now exhale, say out loud ” I let it go”.

#15. Stop trying to compete against everyone else.

EX: Set a goal around improving yourself. About making an improvement on your efforts last week or last month, or yesterday or last year.

#16. Stop being jealous of others.

EX: Identify someone you’re jealous of. Pay them a compliment – call, email, text or in person.

#17. Stop complaining and feeling sorry for yourself.

EX: Identify something that’s great in your life.

#18. Stop holding grudges.

EX: Repeat similar exercise from #6 & 8. Identify a grudge you have. Take a deep breathe, fill your belly. Breathe into the idea. Now exhale, say out loud ” I let it go”.

#19. Stop letting others bring you down to their level.

EX: Next time someone brings you down, look them in the eye and tell them you don’t agree. And that actually… you rock at that!!

#20. Stop wasting time explaining yourself to others.

EX: Next time you find yourself explaining yourself, stop. If they get you they’ll get you.

#21. Stop doing the same things over and over without taking a break.

EX: Take a sporadic break – a walk around the block or a week away!

#22. Stop overlooking the beauty of small moments.

EX: Smile deliberately at something beautiful that catches your eye. Enjoy it for a minute +.

#23. Stop trying to make things perfect.

EX: Laugh out loud at an imperfection.

#24. Stop following the path of least resistance.

EX: Do something that CHALLENGES you.

#25. Stop acting like everything is fine if it isn’t.

EX: Ask someone for help.

#26. Stop blaming others for your troubles.

EX: Next time you catch yourself blaming someone else, bring it back to you? What could you have done differently? What can you do better next time?

#27. Stop trying to be everything to everyone.

EX: Pick your battles a friend once said to me. It’s the same with helping others. Pick a few people to support in your life, and support them well.

#28. Stop worrying so much.

EX: Jump up and down 10 times, waving your hands around above your head. Keep going till you burst out laughing – what were you worrying about again?

#29. Stop focusing on what you don’t want to happen.

EX: Life’s like a garden, you need to fertilise the plants not the weeds. Identify one of your plants (key goals) – water it!!

#30. Stop being ungrateful.

EX: No matter how good or bad you have it, wake up each day thankful for your life. Someone somewhere is desperately fighting for theirs. Say thank you for something out aloud.


What can you stop doing?


Money Circle Comparison Site


There’s a new money tool for women just launched. I’ve been loving their blog the last few months and now they have a comparison site.

Here’s an excerpt from their last newsletter with links to a few great blogs:

Penny Pryor reminds us, if you want to save money just ask for a better deal. You can manage the costs of your kids’ mobile phones with a little help from Nicole Avery. 

Tax expert, Jasmine Kidd, shares seven tax deductions commonly missed by landlords. For those of you working and paying a packet for childcare, Tracey Sharah helps you get the most relief from childcare allowances

And with winter coming, Veronica Foale suggests how to you stay warm without burning money

So if you’re looking to compare super funds, health insurers, home loans or savings accounts, add this one to your list of fun comparison sites: http://moneycircle.com

We all know Christmas is a festive time and it’s pretty easy to let our spending go astray.

Here are our favourite MoneySmart Top Tips and Tricks for Christmas. 

Track your Christmas gift, food and decoration spending this year with the TrackMySpend app. This app is free and easy to use. The new version of the app allows you to categorise your expenses and set spending limits for each category. You can also use the app to keep track of other expenses such as holidays and Boxing Day sales shopping, as well as your daily expenses. 

Make a List. Before you start shopping, make a list of who you’ll buy gifts for along with how much you plan to spend on each one. Remember, the longer you spend in a shop the more you are likely to buy, so having a list will help keep you focused and stop you from frivolous spending you can’t afford.

Shop online. You can more easily compare prices and products to get the best deal possible. Keep an eye out for free shipping and gift wrapping too. See MoneySmart’s tips on shopping securely online.

Make a ‘No Unnecessary Gift’ pact with your family and friends.  Agree to not buy each other gifts this year, or make other arrangements instead of a gift, like setting a lunch date for January or helping each other out with a goal or task.

Embrace the real Christmas spirit this year by donating money to charity. Many charities have items you can buy as gifts in the recipient’s name. Remember, any donation you make of $2 or more is tax deductible. See MoneySmart’s donating page for more information. 

Often one thoughtful gift is more useful than 10. If you can’t abstain from gift giving altogether then follow the savviest Christmas tradition of all – Secret Santa (some people call it Kris Kringle). Set a gift cost with a group of friends or family, draw a name out of a hat for each person and buy just one gift. 

A gift for the future. Instead of wasting money on an unnecessary gift, you might think about making an investment on someone’s behalf. For example, you could start a bank account for a child in your family and add to it each Christmas. They will thank you when they are 21 and you have saved a couple of thousand dollars for them.

Start saving for next year. Open a high interest savings account now and start saving for next Christmas. See the magic of compound interest at work with our compound interest calculator. If you put away just $18 a week for 52 weeks, you’ll have the average Christmas spend of over $900 saved for next year’s celebrations.

Thinking of putting a few gifts on your credit card? Use the MoneySmart credit card calculator to see how much your gifts will cost you if you don’t pay them off quickly.

10thousandgirl’s personal favourite? Make your Christmas gifts. There’s no better gift than one that’s taken time and love.

Enjoy being resourceful! Xx

We all want the best deal, this is the value of comparison sites. Here’s our picks!


What we like about MOZO

  • General web layout and usability
  • MOZO Answers – a forum to ask and answer questions, check it out http://mozo.com.au/answers
  • Their blog and infographics


We met with the Finder guys the other day and here’s what we found!

  • Great young team who really care about people’s financial literacy and empowerment
  • Home loan calculators – lots of them! Ones to help calculate property buying costs, savings with split loans, stamp duty, difference a lump sum payment can make to a loan and of course, loan comparisons
  • An interactive site with loads of info to explore and use to help make your financial decisions 


We also liked how Finder were quite upfront with how how comparison sites work in a section called Free? What’s the Catch? Here’s a good explanation of how comparison sites work:

Someone has to foot the bill, but it’s not our customers. Instead, the providers on the site pay.

When you click through to or apply with a financial institution, broker or retailer from our website, that provider will pay us a small referral fee for sending you to there. We don’t mark up the products just for listing them on our website, and we don’t get ongoing or trailing commissions.

We also sell some ad spaces on our sites, although we try to limit those so you don’t feel too cluttered.


Keep your eyes out for new comparison site for women, Money Circle. Great blog posts and social media commentary to date so we’re looking forward to seeing their next steps and what they’re going to offer in 2014.

Happy comparing! Xx

The fun bookclub-like GIG (Girl Investment Group) program supports you and girlfriends, workmates or new 10thousandgirl friends to complete the 10thousandgirl Personal Finance Program. The aim is to learn the principles behind personal finance and investing in an engaging, supportive and light-hearted environment.

GIGs are all about learning the life and finance skills we need to know but often didn’t learn at home or at school. Supported by interactive webinars, videos and beautiful workbook materials, 10thousandgirl supplies the Personal Finance Program with an agenda and learning materials for each meeting, and you let your group know what time and who’s bringing tea, treats or wine.

Financially empower yourself while 10% of your program fees go toward providing a microloan for a woman to start a new business and lift herself and her family out of poverty. Pretty inspiring!


whitesquarewhitesquareclick here to register interest pink

 Want to find out more?

Here’s an overview of GIGs (Girl Investment Groups) and the NEW 10thousandgirl Personal Finance Program.

Interested and want to find other like-minds in your area? Register your interest.

Already decided this is for you? Here’s the Steps to Getting Your GIG Started.

Currently a financial services professional looking for opportunities to financially empower women in your local area? Interested in a Mentor opportunity? Read on…

Did you know the average credit card debt in Australia is $3500? And paying minimum repayments at the average interest rate of 21.5% could take over 90 years to pay off?

Shocking but true.

In a recent article in The Sydney Morning Herald ‘Plot a path to turn red into black‘, some basic tips to get yourself out of a credit card pickle were shared along with case studies which show it can be done.

Here are some other tips and resources to help get on top of debt and back into black:

TIP!! If you are consolidating debt, make sure you are careful of your credit rating, making multiple applications for credit cards etc can impact your ability to apply for a home loan etc. at a later date. Talk to your bank manager/s but don’t let them log any applications for you unless they’re 100% sure you will get it. You can check your credit history by getting a free copy of your credit report from these credit reporting agencies:

TIP!! Paying a little more than the minimum repayments on your credit card can mean the difference between having the debt for 90 years or 2!

Paying more than minimum repayments on credit cards

Start small, be strategic, keep on it and you’ll get there in no time.

FREE Ebook! 12 Kickstart Ideas To Refresh Your Life And Finances

Happy New Year!

For some that sentence oozes expectation, for others it evokes a sense of anticipation and excitement.

Its mid-late Jan. Who do you resemble?

A) Ah I’ve set goals before, they haven’t worked, this year I didn’t bother
B) I set goals this year but I’m battling already
C) I’m kicking goals big time
D) My opinion on goalsetting is… we’d love to hear from you, please share!

Of course, at 10thousandgirl we’re firm believers in goal setting. After all, if you don’t know what you’re looking for there’s not even a chance you’ll find it!

To help we’ve put together an easy-to-follow goal setting and financial refresher EBOOK.

Feel free to download as many times as you like and share with your friends, family and work colleagues.

It’s a Ripple Effect!

DOWNLOAD Free Ebook! 12 Kickstart Ideas To Refresh Your Life And Finances

Regret Nothing interviews 10thousandgirl Founder Zoe Lamont about all thing entrepreneurial as part of Global Entrepreneurship Week 2012

Zoe Lamont is most well known for her work developing 10thousandgi Girl, a financial literacy program designed to empower women in both rural and metropolitan regions across Australia.  She has also been behind a number of other social ventures including a project to assist Burmese illegal migrant children along the Thai-Burmese border, Senator Online an internet based political party, and her newest start up Future Map which is a financial literacy program designed for the workplace.  She has traveled the globe to 47 different countries and has also had experience as a panelist and speaker and is passionate about progression and making a social impact.

Zoe shares her her story of an entrepreneur below in this inspiring interview.


“Success is if you set out to do something, and you do it….action is a catalyst for progression in society.”

” Anyone who is an entrepreneur or is interested in the entrepreneurial world, knows that no day is the same.”

You can find out more about Zoe’s ventures here  www.10thousandgirl.com and here www.futuremap.com.au

Bio: Alison Gallagher is a ‘creative communicator’ and Program Coordinator for Regret Nothing, a financial engagement program for young people aimed at making finance fun! She is also an actor and meditation teacher and enjoys inspiring others to help make the world a better place.

There is one small activity I do on a regular basis that makes a huge difference to my self-belief. It is the act of noting down, in one place, all the tasks I have accomplished during the previous week – both on a personal and professional level. A Week In Review!

For so many of us the weeks fly by and when someone asks us what we’ve been up to we draw a blank…Can you relate? Sometimes you may even beat yourself up because you feel that you’ve not achieved much during the last seven days.

This simple activity will only take you about 10 minutes a week and is one that makes such an impact. It helps:

  • build momentum;
  • gives you a moment to reflect on the week;
  • helps you remember what you have actually done;
  • see if you’ve done the tasks that bring you closer to your goals and aims;
  • gives you a boost to do more in the upcoming week;
  • reminds you that you do have the capabilities to do what you need to (self-belief and self-confidence);
  • and inspires increased productivity.

How To Do Your Week In Review

  1. Put aside 10 minutes at a regular time during the week. I prefer to do it on Friday afternoons.
  2. Have your to do list and diary on hand. It helps if you use some sort of scheduler to remind you of some of the bigger things you did this week.
  3. Choose a place to write up your list. I write mine on my blog. You may just want to keep a document on your computer. Write it down though! It doesn’t have as much impact if you just keep in in your head.
  4. Write down your dot points. Keep it short and sweet – it is easier to maintain. You may have things that are quite big or things that are quite small. For example:
  • Caught up with the girls
  • Cleaned the house
  • Completed website copy draft
  • Went to the gym x3
  • Cooked 4x healthy dinners
  • Read a book
  • Spoke to boss about raise
  • Counselled colleague
  • Sold couch on ebay
  • Volunteered at school
  • Browsed bookshop

5. Read over it one more time. Pat yourself on the back and see what the process has done for yo

Go on, give it a go and make it part of your routine.

Arienne is the content manager for 10thousandgirl and head she at Savvy Sassy She where she muses about life and wants to help everyone wake up to the lives they love and start living it now. A lover of lists , she is one of those people that does something that wasn’t on the daily to do then goes and writes it on just so she can cross it off.

Photo Credit

Zoe Lamont and Arienne Gorlach have lovingly put together this little book just for you. They’ve assembled a range of exercises and activities to help you summarise the last year and plan inspiringly for the next.

10thousandgirl are sending it out as a Christmas gift to you but it is also available to download below as well.

‘What is it?’ you ask?

Well it is a series of fun exercises to help you gain clarity and purpose around the year ahead after processing the reflections from the past 12 months. The booklet covers areas such as:
     Reviewing the events and highlights of 2011;
     Collating in one place the things you are grateful for;
     Building or amending your bucket list;
     Reassessing your goals and creating new ones for the upcoming year;
     Setting your intention and priorities for 2012;

And more…

Download ‘The Little Book of Year-End Year-Start Goodness’ gift in Word so you can write in the booklet or in PDF for easier printing.

We’d love for you to share your stories and support for each other in the comments section below.

Here’s to a 2011 that taught us a lot and to a 2012 that will be packed with whatever you want it to be!

Zoe and Arienne and the Team at 10thousandgirl


“Each time a woman changes, she inspires another woman to change...”


Each time a woman completes the 10TG 6 Step Money Makeover, $10 is contributed to providing a microplan to a woman living in extreme poverty to start a business.



<p>Microfinance is the provision of financial services such as loans, savings, insurance and training to people living in poverty. It is one of the great success stories in the developing world in the last 30 years and is widely recognised as a just and sustainable solution in alleviating global poverty.</p><p><iframe src="//www.youtube.com/embed/b5XIZD8kxWE" width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>

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