Building wealth needs patience, work, diligence and knowledge. InfoChoice can help you get your own everyday banking and finances in order by helping you compare financial and banking products. InfoChoice also provides free calculators, news, guides and reviews of banking products to help you decide which is best for you. Organising what you have now can help you maximise your returns and minimise the interest and debt repayments that eat into your income and wealth. These days almost all banks offer loans and accounts online so you can compare and organise your accounts easily and quickly. Here are five quick easy things you can do that will make a big difference to way you manage money: 1) Get a fee-free transaction account with Apple Pay or Google Pay. A small fee here and there won’t make any difference to my overall financial wellbeing will it? Bank customers are now finding out how much small fees have been costing them over many years. You don’t need to pay fees and charges for a full-service everyday transaction banking account. You don’t need to keep the same account you have had since school because banks are adopting real-time payments and accounts are getting better. Make sure you have all the latest apps and ways to pay. Compare transaction accounts now. 2) Get the best rate on your savings. It is pretty basic. If you want to get rich, you need to keep your money growing ahead of inflation. You expect the best rate on your cash investments and so you need to find the best savings account that suits your way of managing money. Even sophisticated investors need cash on hand and savings accounts and term deposits are the way we build, keep and manage cash. Term Deposits, in particular, are also a popular income bearing investment for retirees. 3) Set up buckets for your savings Are you saving for something in particular or just generally to keep ahead of the rainy days? Like most people, the answer is probably both and more. If you have a particular goal in mind, you can get a high interest savings account for that purpose. With no fees on Australian savings accounts you can have as many accounts as you have dreams and ambitions. 4) Get rid of your debts. Credit card debt can cost thousands of dollars and hang around for many years because card rates range up to around 24 percent per annum. Get a zero-interest rate balance transfer credit card or a low-rate credit card and get on top of your cards. Perhaps a debt consolidation loan could sweep up all your debts into one repayment. There are plenty of new personal loan providers providing amazing rates and online applications. 5) Make your spending earn Qantas Frequent Flyer and/or Velocity Frequent Flyer Points If you can manage your spending month to month within your disposable income, consider a credit card linked to Qantas Frequent Flyer or Velocity Frequent Flyer programs. There’s nothing like (almost) free airline tickets or free seat upgrades to your favourite holiday destination to make you feel rich. This article is not financial advice or life advice. The products compared in this article are chosen from a range of offers available to us and are not representative of all the products available in the market and influenced by a range of factors including interest rates, product costs and commercial and sponsorship arrangements InfoChoice compares financial products from 145 banks, credit unions and other financial institutions in Australia. InfoChoice does not compare every product in the market. Some institutions may have a commercial partnership with InfoChoice. Rates are provided by partners and taken from financial institutions websites. We believe all information to be accurate on the date published. InfoChoice strives to update and keep information as accurate as possible. The information contained on this web site is general in nature and does not take into account your personal situation. Do not interpret the listing order as an endorsement or recommendation from us. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser. If you or someone you know is in financial stress, contact the National Debt Helpline on 1800 007 007.