The interest rate earned on "lost" bank accounts for the 2017-18 period was 2.13%. The average interest rate on a transaction account over the same period was a measly 0.11%.
Many schools are ditching the Dollarmites banking scheme without having a replacement program. If this will affect your family, don't worry because there's a do-it-yourself model you can put in place.
Tom and his wife have $300,000 in an offset account, but only $250,000 at an authorised deposit taking institution is guaranteed by the Australian government. So is the cash at risk?
Encouraging your kids to work and helping them land a job is only the beginning, as Money magazine editor Effie Zahos found out when her daughter got a job.
You'll now receive new articles and insights that will help you earn more, save more and make the most of your investments.
You can expect to hear from us every week.
In the meantime, stay up to date by following Money on social media.
Important
To ensure you receive emails from us, we recommend that you add our email address (@moneymag.com.au) to your contacts or safe senders list.
If you don't receive our newsletters, please check your "Junk" folders. Your email provider should give you an option to add the email to your safe list.