Close Menu
  • Home
  • What’s On
    • Events
    • Add an Event
    • Major Event
    • School Holiday Guide
  • Things To Do
    • Free Activities
      • Coastal Activities
      • Outdoor Activities
      • Picnic Spots
      • Playgrounds
      • Pram Walks
      • Rainy Day Activities
      • Walks and Bike Rides
    • Places to Visit
      • Attractions
      • Day Trips Away From The Peninsula
      • Galleries & Libraries
      • Historical
      • Markets
      • Tourism Centres
    • Places to Eat
      • Cafes
      • Restaurants
      • Wineries
    • Places To Stay
      • Accommodation
    • Shopping
      • Baby Goods – Sale & Hire
      • Child Friendly Shops
      • Made on the Peninsula
      • Online
      • Retail
    • At Home
      • Craft
      • Games
      • Recipes
  • Classes & Groups
    • Creative
      • Art and Craft
    • Playgroups
      • Central and Northern Peninsula
      • Southern Peninsula
      • Western Port
    • Sports
      • Fitness
      • Pre School Sports
      • Sports Classes and Tuition
  • Services
    • Health & Wellbeing
      • Dental
      • Health Care Practitioners
      • Hospitals
      • Support Groups
    • Pregnancy & Baby
      • Prenatal
        • Pre Natal Care/Birth Support
        • Pre Natal Fitness & Wellbeing
        • Maternal Health Centres
        • Maternity Products
      • PostNatal
        • Maternal Health Centres
        • Post Natal Support & Wellbeing
    • Special Needs
      • Activities for Special Needs
      • Support for Special Needs
      • Therapists for Special Needs
    • Education & Childcare
      • Daycare
      • Kindergartens
      • Schools
    • Finance
      • Finance
    • Photography
      • Photography
    • Child Safety & Wellbeing
      • Child Safety/First Aid
      • Emergency Numbers
  • Articles
    • Education
    • Finances
    • Health
    • Parenting Articles
    • Places to Eat
    • Pregnancy & Baby
    • Reviews
    • Member Questions
  • Parties
    • Celebrate – Party Ideas
    • Entertainment
    • Suppliers
    • Venues
  • Giveaways
  • Advertise With Us
  • About Us
    • Contact Us
  • Testimonials
  • Giveaways
Facebook X (Twitter) Instagram
Thursday, May 29
  • Advertise With Us
  • About Us
    • Contact Us
  • Testimonials
  • Giveaways
Facebook X (Twitter) Instagram Pinterest
Peninsula Kids
  • Home
  • What’s On
    • Events
    • Add an Event
    • Major Event
    • School Holiday Guide
  • Things To Do
    • Free Activities
      • Coastal Activities
      • Outdoor Activities
      • Picnic Spots
      • Playgrounds
      • Pram Walks
      • Rainy Day Activities
      • Walks and Bike Rides
    • Places to Visit
      • Attractions
      • Day Trips Away From The Peninsula
      • Galleries & Libraries
      • Historical
      • Markets
      • Tourism Centres
    • Places to Eat
      • Cafes
      • Restaurants
      • Wineries
    • Places To Stay
      • Accommodation
    • Shopping
      • Baby Goods – Sale & Hire
      • Child Friendly Shops
      • Made on the Peninsula
      • Online
      • Retail
    • At Home
      • Craft
      • Games
      • Recipes
  • Classes & Groups
    • Creative
      • Art and Craft
    • Playgroups
      • Central and Northern Peninsula
      • Southern Peninsula
      • Western Port
    • Sports
      • Fitness
      • Pre School Sports
      • Sports Classes and Tuition
  • Services
    • Health & Wellbeing
      • Dental
      • Health Care Practitioners
      • Hospitals
      • Support Groups
    • Pregnancy & Baby
      • Prenatal
        • Pre Natal Care/Birth Support
        • Pre Natal Fitness & Wellbeing
        • Maternal Health Centres
        • Maternity Products
      • PostNatal
        • Maternal Health Centres
        • Post Natal Support & Wellbeing
    • Special Needs
      • Activities for Special Needs
      • Support for Special Needs
      • Therapists for Special Needs
    • Education & Childcare
      • Daycare
      • Kindergartens
      • Schools
    • Finance
      • Finance
    • Photography
      • Photography
    • Child Safety & Wellbeing
      • Child Safety/First Aid
      • Emergency Numbers
  • Articles
    • Education
    • Finances
    • Health
    • Parenting Articles
    • Places to Eat
    • Pregnancy & Baby
    • Reviews
    • Member Questions
  • Parties
    • Celebrate – Party Ideas
    • Entertainment
    • Suppliers
    • Venues
  • Giveaways
Peninsula Kids
Home»Finances»If I could turn back time
Finances

If I could turn back time

Updated:July 14, 20214 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

If I could turn back time

Financial advice to my younger self!

By Jo Violeta

If you could go back 10 years in time what money advice would you give yourself?…

We asked local mums this hypothetical question. Their answers were insightful, wise and at times quite funny.

What really stood out was the importance they placed on saving money, spending mindfully and entering the property market as soon as possible.

Although we can’t turn back time, we can use the lessons from our past to help us take action today and ensure a brighter financial future.

Spend Wisely

Every 3 minutes Australian Households spend approx. $3,500,000*.

The mums we spoke to would advise their younger selves to rein in their discretionary spending!

In the words of mum of two Therese O’Neil “Don’t spend like you’re a rock star!”

Action you can take today:

The first step is to consider whether a purchase is a need or a want.

“Stop buying so much ‘stuff’. Who needs it all anyway? Living simply is so much easier”, says local mum Miriam Doe.

We recommend tracking your spending. Write down everything that you spend money on for at least a week. This exercise will help you understand where your money goes, and where to adjust.

Mum of four Kacie Stephens motto is “Op-shop the lot”. In fact, one year she challenged herself to purchase her entire family’s Christmas presents from the Op-Shop.

“Many of the items at the Op-Shop were still brand new. The pre-loved items were in great condition” Kacie explains, “The kids loved their presents, we didn’t feel the financial stress that families often associate with Christmas, the money spent went to a good cause and buying second hand is environmentally sustainable.”

Start Saving

According to a poll conducted by MoneySmart, 43% of Australians don’t save.*

Many mums wish they had started saving money 10 years ago. If they could turn back time they would start saving consistently.

“Save money, don’t worry about take away food and start putting money aside earlier” advises local mum Gina Stillwell.

Action you can take today:

Don’t wait another 10 years, start saving today. The key is to be consistent. Even small amounts saved regularly can grow very quickly.

Start by calculating a realistic amount that you can save regularly. Then set up a direct debit, and pay your savings into a high-interest savings account automatically from every pay.

Get On The Property Ladder

Over the past 10 years the median house price in Melbourne has more than doubled.

For many of the mums we spoke to, their biggest wish is that they had entered the property market earlier.

Mum of two Georgina Ablett would advise her younger self, “As soon as you have any paid work – start saving for a house deposit and get in the market ASAP! Freedom of choice comes sooner if you set yourself up to save funds as soon as you get disposable income and is far easier before you have to parent and adult!”

Action you can take today:

If you are already a homeowner, consider entering the property investment market. We recommend consulting with your Financial Planner, Accountant and Mortgage Broker to help plan your first investment property purchase.

For first home buyers start by creating a plan:

  • Research suburbs you would like to buy in
  • Calculate your borrowing power. An online calculator such as the MFAA Mortgage Calculator will give you a ball-park figure, for a more specific number seek professional advice from a Mortgage Broker
  • Create a budget factoring in potential mortgage repayments
  • Use your maximum borrowing power and your potential mortgage repayments to help set your Home-Loan Deposit savings goal.
  • They say that hindsight is 20/20 and this certainly is the case when it comes to money and finances. If you start working towards achieving your financial dreams and making smarter money decisions today, imagine what life could be like in 10 years’ time…

*ABS Household Expenditure Survey 2009-10


Jo and Carl Violeta are self-confessed numbers nerds, parents of an energetic toddler and a super switched-on teenager, and co-founders of the award-winning business, Violeta Finance. They are a husband and wife team who are passionate about empowering their community with financial education, love the odd glass of wine, and get a kick out of helping families achieve their homeownership and financial dreams.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Comments are closed.

Calendar
Today
Mon
Tue
Wed
Thu
Fri
Sat
Sun
M
T
W
T
F
S
S
28
29
30
1
2
3
4
5
6
7
8
9
7:00 PM - Carnivale Party at Sk8house
10
11
11:00 AM - Mother's Day at Sk8house - MUM SKATES FOR FREE!!
12
13
14
15
16
17
18
19
20
4:00 PM - Sk8house Sensory Sessions
21
22
23
24
25
26
27
28
29
30
31
6:00 PM - FLURO NIGHT at Sk8house – Let’s Glow!
1
Carnivale Party at Sk8house
09 May
May 9, 2025    
7:00 pm - 10:00 pm
Sk8house
  • Family Activity
Get ready to roll into a fabulous night full of colour, music and non-stop fun! The Sk8house Carnivale Party will be a magical night of vibrant vibes, [...]
More Info
Mother's Day at Sk8house - MUM SKATES FOR FREE!!
11 May
May 11, 2025    
11:00 am - 5:00 pm
Sk8house
  • Family Activity
  • Mother's Day
💐 Celebrate Mum on Wheels this Mother’s Day at Sk8house! 💖 This Sunday, 11th May, we’re rolling out the love for all the amazing mums, [...]
More Info
Sk8house Sensory Sessions
Sk8house Sensory Sessions
May 20, 2025    
4:00 pm - 7:00 pm
Sk8house
  • Workshop/Class
The Sk8house Sensory Sessions aim to be a calm, welcoming space for skaters of all abilities to roll their way — with reduced noise, gentle [...]
More Info
FLURO NIGHT at Sk8house – Let’s Glow!
31 May
May 31, 2025    
6:00 pm - 10:00 pm
Sk8house
Get ready for a night of neon, music and non-stop fun at Sk8house’s FLURO NIGHT! We’re turning down the lights and turning up the fluro [...]
More Info
Events on May 9, 2025
09 May
Carnivale Party at Sk8house
9 May 25
Carrum Downs
Events on May 11, 2025
11 May
Mother's Day at Sk8house - MUM SKATES FOR FREE!!
11 May 25
Carrum Downs
Events on May 20, 2025
Sk8house Sensory Sessions
Sk8house Sensory Sessions
20 May 25
Carrum Downs
Events on May 31, 2025
31 May
FLURO NIGHT at Sk8house – Let’s Glow!
31 May 25
Carrum Downs
Visit Our Advertisers
ABOUT

Established in 2006, Mornington Peninsula News Group (MPNG) is a locally owned and operated, independent media company.

MPNG publishes two glossy magazines: Peninsula Essence and Peninsula Kids.

MPNG also publishes five weekly community newspapers: the Western Port News, Mornington News, Southern Peninsula News, Frankston Times and Chelsea Mordialloc Mentone News.

ADVERTISE WITH US

Instagram
#thinkingofyou
mornpenkids
mornpenkids
•
Follow
#thinkingofyou
3 weeks ago
View on Instagram |
1/9
Grab your cameras and hot choccies! Neon Fields returns to glow up Frankston!
When the sun goes down it is time to gather family and friends and venture into Neon Fields. Beauty Park will once again be transformed into a colourful fantasy world where you’re invited to interact and play among the lights during this free event!
——————————————————————————
#southsidefestival #neonfields #frankston #beautypark #visitfrankston #whatson #whatsonthisweekend #thingstodo #freeevent #photoops #lovepeninsulakids 
@southsidefestivalfrankston
mornpenkids
mornpenkids
•
Follow
Grab your cameras and hot choccies! Neon Fields returns to glow up Frankston! When the sun goes down it is time to gather family and friends and venture into Neon Fields. Beauty Park will once again be transformed into a colourful fantasy world where you’re invited to interact and play among the lights during this free event! —————————————————————————— #southsidefestival #neonfields #frankston #beautypark #visitfrankston #whatson #whatsonthisweekend #thingstodo #freeevent #photoops #lovepeninsulakids @southsidefestivalfrankston
3 weeks ago
View on Instagram |
2/9
In July, Associate Professor Andrew Kornberg, Senior Neurologist at The RCH Foundation, will embark on a remarkable solo flight around Australia to raise $4.5 million for life-changing treatments for children with rare and complex conditions.

Called Fly for the Kids, this one-of-a-kind fundraiser will help establish dedicated spaces, resources, and specialist staff at the RCH, making advanced therapies — including revolutionary gene therapy — more accessible to sick children across Australia.

Andrew’s journey will see him revisit patients whose lives have been transformed by advanced therapies, putting real faces and stories to the incredible impact of this innovation in paediatric healthcare.

You can learn more about the campaign here: https://flyforthekids.org.au 

@rch.foundation
mornpenkids
mornpenkids
•
Follow
In July, Associate Professor Andrew Kornberg, Senior Neurologist at The RCH Foundation, will embark on a remarkable solo flight around Australia to raise $4.5 million for life-changing treatments for children with rare and complex conditions. Called Fly for the Kids, this one-of-a-kind fundraiser will help establish dedicated spaces, resources, and specialist staff at the RCH, making advanced therapies — including revolutionary gene therapy — more accessible to sick children across Australia. Andrew’s journey will see him revisit patients whose lives have been transformed by advanced therapies, putting real faces and stories to the incredible impact of this innovation in paediatric healthcare. You can learn more about the campaign here: https://flyforthekids.org.au @rch.foundation
3 weeks ago
View on Instagram |
3/9
Breast Cancer Trials, ANZ’s largest oncology research group, is holding a ‘matched giving day’ on Thursday, 8th May where – for 24 hours only, donations from the public will be matched dollar for dollar by a group of generous supporters. Every dollar raised will be doubled to help fund clinical breast cancer research.

How can people get involved:
Donate online at breastcancertrials.org.au/givingday (this will go live On Thursday 8th May)
Donate by calling 1800 423 444
Follow Breast Cancer Trials on socials and share their own stories, thanks and memories of their mums and mother-figures.

@breastcancertrials
mornpenkids
mornpenkids
•
Follow
Breast Cancer Trials, ANZ’s largest oncology research group, is holding a ‘matched giving day’ on Thursday, 8th May where – for 24 hours only, donations from the public will be matched dollar for dollar by a group of generous supporters. Every dollar raised will be doubled to help fund clinical breast cancer research. How can people get involved: Donate online at breastcancertrials.org.au/givingday (this will go live On Thursday 8th May) Donate by calling 1800 423 444 Follow Breast Cancer Trials on socials and share their own stories, thanks and memories of their mums and mother-figures. @breastcancertrials
3 weeks ago
View on Instagram |
4/9
Cute Mother's Day craft to do with the kids for mum!

https://peninsulakids.com.au/spiral-paper-flowers/

#mothersday #crat #craftingwithkids #kidslovecraft #homemadegifts
mornpenkids
mornpenkids
•
Follow
Cute Mother's Day craft to do with the kids for mum! https://peninsulakids.com.au/spiral-paper-flowers/ #mothersday #crat #craftingwithkids #kidslovecraft #homemadegifts
4 weeks ago
View on Instagram |
5/9
One of my fave parts of Mother's Day, (other than the at-home day spa), is receiving these questionnaires full of funny answers, (and sometimes some hard truths), from my kids.

https://peninsulakids.com.au/craft-whats-the-best-thing-about-your-mum/
mornpenkids
mornpenkids
•
Follow
One of my fave parts of Mother's Day, (other than the at-home day spa), is receiving these questionnaires full of funny answers, (and sometimes some hard truths), from my kids. https://peninsulakids.com.au/craft-whats-the-best-thing-about-your-mum/
4 weeks ago
View on Instagram |
6/9
Today we received a gorgeous entry for our colouring in competition from a 75 year-old reader of Peninsula Kids magazine in the actual MAIL! 💌

This has made my day so much that I may have to pay the entrant a visit with a special prize for all their effort and for giving me a huge smile on a Monday!

How’s that artwork?!?!?! 🤩

Have you sent your entry in? 
IG: Use Linktree in bio to download a copy.
FB: check out pinned/featured post. 🧑‍🎨 
@chocolate.grove 
——————————————————————————
#peninsulakids #peninsulakidsmagazine #colouringin #colouringincompetition #chocolate #chocolatehamper
mornpenkids
mornpenkids
•
Follow
Today we received a gorgeous entry for our colouring in competition from a 75 year-old reader of Peninsula Kids magazine in the actual MAIL! 💌 This has made my day so much that I may have to pay the entrant a visit with a special prize for all their effort and for giving me a huge smile on a Monday! How’s that artwork?!?!?! 🤩 Have you sent your entry in? IG: Use Linktree in bio to download a copy. FB: check out pinned/featured post. 🧑‍🎨 @chocolate.grove —————————————————————————— #peninsulakids #peninsulakidsmagazine #colouringin #colouringincompetition #chocolate #chocolatehamper
1 month ago
View on Instagram |
7/9
#anzacday #lestweforget
mornpenkids
mornpenkids
•
Follow
#anzacday #lestweforget
1 month ago
View on Instagram |
8/9
The piggest news is about to drop! 🐷
Be among the first to hear the squeal-worthy scoop, in just a few days time!
Knock! Knock! Who’s there?

Do you think Peppa and George will have a baby brother or sister? Drop your guess in the comments below!

#expectingPigChanges #PeppaPigNewBaby #BigSister #BigBrother 

@officialpeppapig
mornpenkids
mornpenkids
•
Follow
The piggest news is about to drop! 🐷 Be among the first to hear the squeal-worthy scoop, in just a few days time! Knock! Knock! Who’s there? Do you think Peppa and George will have a baby brother or sister? Drop your guess in the comments below! #expectingPigChanges #PeppaPigNewBaby #BigSister #BigBrother @officialpeppapig
1 month ago
View on Instagram |
9/9
View on Instagram
Subscribe to our Newsletter

Stay In The Know

Sign up to our free newsletter and receive weekly updates on events and things to do with kids on the Mornington Peninsula.

Facebook X (Twitter) Instagram Pinterest
© 2025 All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.