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How to make over your finances

It's important to review your financial situation regularly, and by following these simple tips you'll be able to assess where your hard-earned cash is going.
Piggy bank

Get goal-oriented

Before making any changes to your finances, it’s important that you figure out your financial goals and priorities. Starting off with smaller goals is far easier than looking at the big picture straight away. This can be as simple as clearing your credit card debt in six weeks instead of the usual 10 weeks. Successfully managing smaller goals will empower you to achieve bigger ones down the track. Think about where you’d like to be in two, five and ten years’ time. Do you want to own your own home, retire early or save for an overseas holiday? By writing down your goals, it will be easier to hatch a plan and start working towards them.

Create a budget worth sticking to

Update your household budget by reviewing all expenses, including bills, groceries, school fees, entertainment and housing costs. The golden rule of thumb is to make sure you aren’t spending more than you earn. If your budget doesn’t allow you to live the life you want, cut back or look into how you can generate a larger income.

Trim credit card debt

If you over-worked your credit card during the silly season, now is the time to take control of your debt and get it back into shape. For those with more than one credit card, it may be worth consolidating debts into the card with the lowest interest rate. Once debt is cleared, try to limit your credit card transactions and use cash whenever possible.

Shape up on spending

Aim to be a money-wise spender this year and look for great deals. Shaping up on spending shouldn’t be a means to rob you of everyday enjoyment, rather it should act as a way to distinguish between wants and needs and eliminate impulse buys. Do a stocktake of your wardrobe and build it with things you genuinely love and want to wear. Set aside one day a week to treat yourself to lunch and compensate by preparing meals for the rest of the week. With a little extra planning, you can still fund the things you enjoy without feeling guilty.

Become super fit

Are you getting the most out of your current superannuation set up? By taking the time to get on top of your super and looking at ways to consolidate funds, you can save thousands of dollars in the long run. Before making any changes, contact your financial advisor or fund manager to find out what your current benefits are and how this will change if you transfer your money to another fund. If your current fund provides you with insurance cover, find out what will happen to this cover when you transfer. By checking and comparing the levels of cover you can make sure that you aren’t leaving anything behind.

Dianne Charman is an Authorised Representative of AMP Financial Planning Pty Ltd, ABN 89 051 208 327, AFS Licence No. 232706. Any advice given is general only and has not taken into account your objectives, financial situation or needs. Because of this, before acting on any advice, you should consult a financial planner to consider how appropriate the advice is to your objectives, financial situation and needs.

To find your nearest AMP financial planner visit www.amp.com.au/findaplanner.

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Fifty years of wedded bliss: One couple’s secrets

Fifty years ago, Ralph and Gay Scott's wedding featured in The Australian Women's Weekly. On their golden anniversary, the couple shares their secrets to a long-lasting, harmonious marriage.
Gay Scott and her bridesmaids

Fifty years ago, Ralph and Gay Scott’s wedding featured in The Australian Women’s Weekly. On their golden anniversary, the couple shares their secrets to a long-lasting, harmonious marriage.

Half a century ago, a young man from the outer suburbs of Melbourne met a lovely young lady through a family friend.

He liked what he saw and the courtship began – after two years and many a Saturday night ball, Ralph Scott made Gay Liston his wife.

It was the happiest day of Gay’s life and one that was captured in the February 3, 1964 issue of The Australian Women’s Weekly.

Gay beams out from the yellowing pages of the old magazine, surrounded by her four junior bridesmaids, all of them dressed in white and clutching posies of flowers.

She looks absolutely radiant: a young woman in love in front of St Frances Xavier Church in Frankston, Melbourne.

The caption describes the photo as an “attractive group”, noting that Gay’s gown was “satin-backed shantung” accessorised with a “tulle veil sprinkled with jewels”.

Ralph was not pictured in the magazine, something that still confuses the couple five decades later.

“I always wondered where my photo got to that day,” Ralph says with a chuckle.

“I remember the photographer on our wedding day, ordering us here and there, telling us how to pose for the camera.

“I was getting sick of it, and wondering how I could get out of any more photos, when it clicked it wasn’t ‘I’ anymore … it was ‘we’.

“I’ve only had to remind myself of that a few times in 50 years of marriage – and I reckon that’s the secret: it’s ‘we’, not ‘I’ “

The happy couple settled in Melbourne after their wedding and have stayed in the area, except for a few stints abroad in Papua New Guinea.

Son Steve arrived in November after their wedding, and twin girls, Elizabeth and Kathryn, arrived two years later.

“I remember Dad being this calming influence on the house,” Steve says. “Whenever he came home from work, he would kiss Mum first, then us kids. He treated her like a Princess.

“He used to say that he would rather live in a tent with all of us, than a house without his family.”

Steve says his parents are still very much in love, as was evidenced 18 months ago.

“Dad had prostate cancer, and as he lay in the hospital bed, with Mum sitting by his side, he became very romantic with her,” Steve says.

“Mum’s very private, so she was mortified that this was happening in front of me, but it just shows me how their love has lasted. They have certainly been great role models for me.”

Gay and Ralph Scott at their granddaughter’s 21st birthday party last year

For Ralph’s part, he worries modern generations take their vows too lightly.

“I look at youngsters today, and they are not prepared to give that commitment,” he says. “They want the wedding, not the marriage and are always willing to divorce.

“There’s nothing magical about it: we work together and we respect each other.

“For our 25th anniversary, the kids hired a big marquee in the backyard and I asked Gay if she’d marry me again. Thankfully she said yes.

“This anniversary, I’ve had all her rings resized, because arthritis was stopping her from wearing them.

“I’d like to ask her again if she’d be my wife … hopefully her answer will still be the same.”

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New hope as Schapelle Corby granted passport

Schapelle Corby behind bars at the Denpasar District Court in 2006. Image: Getty.

Schapelle Corby behind bars at the Denpasar District Court in 2006. Image: Getty.

The news came as the former Gold Coast beautician was granted a new Australian passport, paving the way for the release of the 36-year-old, more than nine years after she was convicted and jailed for drug smuggling.

A spokesman for the Indonesian Corrections Department, Ayub Suratman, has confirmed Corby’s case is set to be heard before the end of the month.

The hearing would be held behind closed doors in Jakarta, after which a recommendation will be sent to Justice Minister Amir Syamsuddin for final approval.

The latest developments came as a French drug smuggler was freed on parole yesterday after spending more than 14 years in a Bali prison, a rare early release of a foreigner that further helped boost hopes for Corby and her supporters.

Corby was caught attempting to smuggle 4.1kg of marijuana into Bali in a bodyboard bag in 2004.

The Australian was sentenced to 20 years in Bali’s notorious Kerobokan jail in 2005 after a court case that made headlines around the world.

Corby’s sentence was reduced by five years after Indonesian President Susilo Bambang Yudhoyono last year granted her clemency on humanitarian grounds.

If she is released early, Corby would have to serve her parole in Bali, where she would live with her sister Mercedes and brother-in-law in Kuta.

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Prince William and Kate Middleton ‘completely in love’ in engagement portrait

The official engagement portrait of the Duke and Duchess of Cambridge was captured by celebrated photographer Mario Testino, who has recalled the happy photoshoot with the couple.
Prince William and Kate Middleton

The official engagement portrait of the Duke and Duchess of Cambridge was captured by celebrated photographer Mario Testino, who has recalled the happy photoshoot with the couple who were “brimming with happiness”.

“I waited a long time, an hour or two, to make that picture perfect,” Testino told Britain’s Daily Telegraph newspaper.

“But I wasn’t totally satisfied. Then, when I’d finished the shoot, they were about to leave and they suddenly hugged in front of a radiator. I took my camera and that was the picture that ran everywhere — it was spontaneous emotion … you could see they were completely in love.”

Testino has a long-standing relationship with the royal family that goes back to his beautiful portraits of Princess Diana, which were commissioned for Vanity Fair in 1997 and caused a sensation by capturing the world’s most famous woman longing for love.

So when Prince William finally proposed to Kate and was ready to announce it to the world, he commissioned his late mother’s favourite photographer to take the official engagement portrait in the State Apartments at St James’ Palace on November 25, 2010.

Testino first met the Duchess of Cambridge in 2008 and could tell that William was “in love with Kate. I knew they would stay together”.

William, the photographer said, “is more like his mother, there’s a kindness and a gentleness there that instantly wins you over”.

Testino is fond of Kate, but said the Duchess does not remind him of Diana: “Kate, she is beautiful in a different way: she radiates happiness. She is comfortable in her love.”

The photographer, who was born in Peru but has called London home since the late 1970s, was this week awarded an OBE for his “services to photography and charity”.

“It’s wonderful!” he told the newspaper of his honour. “Like being in love with somebody for years who kept you at bay but then suddenly one day tells you, ‘I love you too.’”

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Yoga in heels? Mrs Baldwin stops traffic

Alec Baldwin's wife has literally stopped traffic in New York, photographing herself pulling a yoga pose on a busy street.
New York City street

Alec Baldwin’s wife has literally stopped traffic in New York, photographing herself pulling a yoga pose on a busy street.

Yoga devotee Hilaria, 29, announced her 2014 New Year’s resolution was to upload a picture of herself doing yoga every single day and so far, this has resulted in some pretty bizarre social media posts.

“One of my goals for the New Year is to post a yoga posture every day-regardless of where I am or what I’m wearing. Here we go …” she wrote on Instagram.

Mrs Alec Baldwin managed to keep up a yoga routine through her pregnancy – the couple welcomed a daughter, Carmen, last August – and it seems the hard work has certainly paid off if the star’s slender figure is anything to go by.

Posting yoga poses online seems to be a craze captivating Hollywood, with many stars getting onboard. Here are some of social media’s most dedicated celebrity yogis.

Hilaria, pictured crossing a busy street in New York’s midtown, vowed to post a picture of a yoga pose every day in 2014 ‘regardless of where I am or what I’m wearing’.

Hilaria Baldwin continues her challenge on an NYC sidewalk using Carmen’s pram to aid her posture.

Getting bendy at a business meeting: Hilaria stretches on a table in a boardroom.

Even the doormen in her building can’t help getting onboard with Hilaria’s crazy contortions.

Bikini-clad Naomi Campbell posted this photo of her getting bendy on a boat.

Taking time out from a hike, Gisele Bundchen pulls some poses with daughter Vivian in her lap.

Gisele doesn’t let being away from her home interrupt her exercise regime: The globetrotting yogi stretches in a swanky hotel room, once again under the watchful eyes of her daughter.

Jensen Button’s girlfriend Jessica Michibata posted the pictures of the buff and bendy pair trying out a series of yoga exercises together.

Kendall Jenner seems to find yoga a helpful tool to escape her crazy Kardashian-filled home.

So Zen: Glee star Lea Michele stretches on her hike atop the Hollywood Hills.

Supermodel Miranda Kerr gets super stretchy on the beach in this Instagram shot.

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Allan Border medal: cricket WAGs on the red carpet

From a double gold nightmare to some flesh-bearing pistol-panels, Australian cricket WAGs stole the spotlight from their other halves at last night’s Allan Border medal.
Michael and Kyly Clarke, Mitchell and Jessica Johnson and Shane and Lee Watson. Image: Getty.

From a double gold nightmare to some flesh-bearing pistol-panels, Australian cricket WAGs stole the spotlight from their Ashes-winning other halves at last night’s Allan Border medal.

All that glitters was not gold for Candice Falzone and Rebecca O’Donovan, who both wore the same dress – although one was sans skirt.

Captain Michael Clarke’s queen WAG wife Kyly co-designed her blue sparkly number, while AB medallist Mitchell Johnson’s wife Jessica looked sleek in colour-blocked emerald and black.

Here we look at the best and not-so well dressed.

Michael and Kyly Clarke, Mitchell and Jessica Johnson and Shane and Lee Watson.

Captain Michael Clarke’s Queen WAG wife Kyly co-designed her dress. Image: Getty

Red carpet nightmare: Candice Falzon (R) and Rebecca O’Donovan wore the same Ae’lkemi dress. Images: AAP/Getty.

Jessica Bratich-Johnson looked sleek in colour-blocked emerald and black. Image: Getty

Red carpet debutante Madeline Hay, partner of Ashton Agar, wowed in white with black netting. Image: Getty.

Lee Furlong looked more casual in a white two-piece. Image: Getty.

Peter Siddle’s partner Anna Weatherlake wore revealing red. Image: Getty.

Clint McKay and Kristen Tuzee.

Danielle Willis, partner of Steve Smith, wore cut-out fuchsia. Image: Getty.

James Pattinson and his partner Kayla Dickson arrive. Image: Getty.

Mark and Kim Waugh on the red carpet. Image: Getty.

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Queen Maxima’s fashion faux pas

She's usually impeccably dressed, but the Netherlands' Queen Maxima committed a rare fashion faux pas yesterday, donning a bizarre puffy-sleeved dress to welcome French President Francois Holland.

She’s usually impeccably dressed, but the Netherlands’ Queen Maxima committed a rare fashion faux pas yesterday, donning a bizarre puffy-sleeved dress to welcome French President Francois Holland.

The 42-year-old royal stood in the welcoming committee alongside her husband, King Willem-Alexander, in a fitted teal satin dress with dramatically oversized cuffed sleeves.

The uncharacteristically outlandish ensemble was made stranger still by the nude satin gloves and pill box hat the Queen chose to accessorise with.

The mother-of-three, who is normally known for her sophisticated elegance, is not the first royal to commit a fashion offence. While there is a particular regal panache that must be obeyed to when it comes to royal style, sometimes even a crown cannot cover up an offensive outfit.

Here are some of the worst royal fashion faux pas.

Queen Maxima’s fitted teal satin dress featured king-size cuffed sleeves.

Princess Beatrice’s royal wedding hat was mocked the world over.

Repeat offender! Princess Beatrice was criticised for this over-the-top butterfly hat.

British socialite Tara Palmer Tomkinson took the colour-blocking trend one step too far in this cobalt clothing concoction.

Prince Harry’s ex Chelsy Davy looks somewhat dowdy as she leaves Buckingham Palace following the wedding of Prince William and Kate.

Princess Mette Marit of Norway looked like she raided Cinderella’s closet and borrowed some baby blue couture. We wonder if she’s got some glass slippers on under all that fabric?

Princess Theodora of Greece clearly didn’t think that wearing white to someone else’s wedding was an issue when she attended the nuptials of Prince Nikolaos of Greece and Tatiana Blatnik in 2010.

Lewis Carroll’s Queen of Hearts? No. It’s Crown Princess Margarita of Romania attending the wedding of Crown Princess Victoria of Sweden and Daniel Westling in Stockholm.

Britain’s leading downhill skier Chimene “Chemmy” Mary Alcott attended the wedding of Zara Phillips and Mike Tindall in an interestingly colourful outfit.

Proving that she can’t always be picture perfect, Pippa Middleton had a fashion flop in this black and white peplum printed ensemble.

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William and Catherine are completely in love

William and Catherine are completely in love

It’s clear that the Duke and Duchess of Cambridge are absolutely loved-up, but one palace insider has given a special insight into their beautiful relationship.

Famed fashion and royal portrait photographer Mario Testino, who shot the pair’s iconic engagement picture, has candidly spoken about the intimate details of his time working with William and Catherine when they announced their engagement.

“I waited a long time, an hour or two, to make that picture perfect,” he told UK Vogue about capturing the precious moment at Clarence House in November 2010.

“But I wasn’t totally satisfied. Then, when I’d finished the shoot, they were about to leave and they suddenly hugged in front of a radiator.

“I took my camera and that was the picture that ran everywhere – it was spontaneous emotion…you could see they were completely in love.”

The 59-year-old photographer says he was lucky enough to see the usually private pair sharing a heartfelt moment once the official portrait was done.

Mario, who was close to William’s mother, Diana Princess of Wales, throughout her life, said there were similarities between Kate and Diane.

While he said William “is more like his mother”, Mario said of the Duchess, “Kate, she is beautiful in a different way. She radiates happiness. She is comfortable in her love.”

The famed photographer said the pair completely radiate happiness and love and that he could tell that William was completely “in love with Kate”.

“I knew they would stay together,” he said.

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Prince Harry’s girlfriend’s stepfather found dead at 76

Prince Harry’s girlfriend’s stepfather found dead at 76

Prince Harry’s girlfriend Cressida Bonas is in shock after the sudden death of her stepfather.

Christopher Shaw, 76, was found dead by his housekeeper at his rented house in Salisbury, on January 17.

He is believed to have committed suicide by taking an overdose of prescribed pills, friends said today.

However, police told E News there were “no suspicious circumstances” surrounding the death of the former banker, who suffered long-term health problems including chronic kidney disease.

Cressida was seven years old when Christopher married her mother, Lady Mary Gaye Curzon, in 1996.

Although the couple divorced four years later, when Cressida was 11, Christopher remained “a massive part of her life.”

“Christopher was Cressida’s father figure in her formative years,” a source told The Sun.

Christopher was Lady Gaye’s fourth husband and she has not subsequently remarried.

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Allan Border Medal red carpet

Australia’s cricket wives and girlfriends gave their leading sportsmen a run for their money last night.

The gorgeous couple’s glammed-up and stepped-out for cricket’s night of nights, The 2014 Allan Border Medal.

While Mitchell Johnson took home the night’s highest honour, the Allan Border Medal, we were handing out an award of our own – the best red carpet dress.

We think Ashton Agar’s partner Madeline Hay was a worthy winner but what do you think?

Check out the cricket pitch transformations here.

Allan Border Medal red carpet

Australia’s cricket wives and girlfriends gave their leading sportsmen a run for their money last night. The gorgeous couple’s glammed-up and stepped-out for cricket’s night of nights.

While Mitchell Johnson took home the night’s highest honour, the Allan Border Medal, we were handing out an award of our own – the best red carpet dress.

We think Ashton Agar’s partner Madeline Hay was a worthy winner. What do you think?

Shane and Lee Watson

Shane and Lee arrive on the red carpet at the Allan Border Medal at Doltone House in Hyde Park.

Nathan Coulter-Nile and Ruby Osman-Mulraney

If you can get past the long names you will see an adorable, young couple bringing a touch of elegance to the red carpet.

Patrick Cummins and Rebecca Boston

Matching in black, these two make a very good-looking couple.

Mitch Johnson and Jessica Bratich-Johnson

The Allan Border Medal winner with his first prize of the evening – his wife!

Peter Siddle and Anna Weatherlake

This test cricketer left his fast-bowling skills at home and instead got glammed us with his girlfriend, Anna.

Michael and Kyly Clarke

Autralian cricket Captain Michael Clarke, and his wife, make quite the entrance.

James Pattinson and Kayla Dickson

Kayla Dickson poses in a gorgeous teal gown with her fast bowler boyfriend James Parrinson.

Ashton Agar and Madeline Hay

Aussie ashes hero Ashton’s girlfriend, Madeline Hay, gets our pick for best dressed.

Candice Falzon

Cricketer David Warner’s partner Candice isn’t afraid to go it alone.

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