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Case Study: Bernadette Janson finds peace of mind with Grow My Money

Pascale Helyar-MorayPascale Helyar-MorayPascale Helyar-Moray OAMFeb 26, 2024
Bernadette Janson Bernadette Janson

Case Study: Bernadette Janson finds peace of mind with Grow My Money

Name: Bernadette Janson

Employment: The School of Renovating

Life stage: Married with adult children

The story of Bernadette Janson

The story of Bernadette Janson is a testament to the power of taking control of your financial future. In 2014, Bernadette Janson was struggling with many sleepless nights due to her insufficient retirement savings. She had only $20,000 in her superannuation account and was unsure how to improve her financial situation. Bernadette, who was in her late fifties at the time and running a cafe, was also dealing with her husband's superannuation taking a hit, which only added to her stress.

CHALLENGE

Fears she won't have enough for retirement

Despite the challenges that lay ahead, Bernadette knew she had to act fast and explore different options to boost her retirement savings. She knew that something needed to change, and started exploring different options to boost her retirement savings. This is when she discovered Grow My Money, an innovative platform that would help her build her super balance without changing her spending habits.

SOLUTION

How Bernadette boosted her super contributions

To improve her financial situation, Bernadette and her husband decided to sell their home and downsize, getting rid of their mortgage. They turned to rental income to help with earnings and save for retirement. They purchased a smaller property with a separate dwelling to rent out, which earned them between $30,000 to $50,000 per annum. This, along with some Airbnb rent, helped Bernadette's super contributions grow over the decade.

“If you’re in your 50s and feeling like life is almost over, really, it has only just begun. You have time. There are so many opportunities to create an income,”

Taking that first step can be daunting

Bernadette's story is an inspiration for many women who are struggling with their retirement savings. She realized that it's never too late to start planning for the future and taking action to boost your super. However, for many women, taking that first step can be overwhelming, especially for those who do not know where to start. This is where Grow My Money comes in; by signing up for this platform, women can earn cashback into their superannuation on their everyday shopping, take control of their super, and plan for their future.

“I set up Grow My Money, forgot about it, and it just happens”. Grow My Money is also helping my children with their mortgages."

How Grow My Money is the solution

Grow My Money proved to be a financial boon for Bernadette, providing her with the peace of mind that comes with knowing her retirement is more secure. The power of compounding interest made an enormous difference in Bernadette's superannuation-building journey, and as a result, Bernadette is now confident that she has a comfortable retirement waiting for her. All thanks to Grow My Money.

“I love that cashback from purchases is going to my future - my super balance”

“I do my shopping through the Grow My Money platform and receive cashback into my superannuation - it’s set and forget, so I earn cashback into my super fund without even trying”

RESULTS

Bernadette's success story with Grow My Money highlights the importance of planning for the future, no matter your life stage. By taking the first step towards securing your financial future with Grow My Money, you can start building your super balance without changing your spending habits. Sign up today and take control of your retirement savings.