Understanding what affects a credit score and what makes it up are crucial to build or maintain a healthy credit score and to make good financial choices. Some of the ways you can help improve your credit rating include the following. You can then put these into practice. Pay bills on time Obviously, it’s the …
One of the biggest commitments you’ll make is to open a joint account with your partner. It’s a huge decision in your relationship, so only do it if you completely trust them — in accessing the money, in good and bad times. There are 2 types of joint accounts: Both to sign — This allows …
See how you can cut down on your fuel costs with these handy fuel saving tips. 1. Relaxed acceleration and steady speed Boost fuel efficiency by 10% with slow and relaxed acceleration. Fuel consumption increases significantly over about 90 km/h and at 110 km/h your car uses up to 25% more fuel. A steadier speed, …
If we’re being honest, impulse buying is fun in the moment. You get a little thrill when you see an item and buy it just because you have to have it. However, impulsive spending is one way to dig yourself into debt that’s almost impossible to get back out of. We’re going to give you …
You don’t have to go away and spend thousands to create lifelong memories. Instead, you can search for staycation deals right in your local area and enjoy a few days with your family or significant other. We’ve rounded up staycation ideas for families and couples that you can use all year round, to have fun …
What would you do if you need to catch up on your expenses but don’t have an emergency fund? You might want to look into instant loans. What is an instant loan? An instant loan works like a cash advance. This type of loans differ based on the lender of your choice, your income, and …
Cash handouts are going to about 10 million working Australians as the Coalition’s $158 billion tax relief has passed through the Senate with bipartisan support. Low and middle income earners (less than $126,000 a year) will qualify. Around 4.5 million will get the full lump sum, while the majority will receive a tax relief to …
A credit score is a numerical expression used to evaluate a person’s creditworthiness and is based on credit report. The higher the score, the more financially trustworthy a person can be. Lenders use credit scores to evaluate the potential risk an individual will have to repay his debts. If you want to improve your credit …
Salary sacrificing is a pre-tax contribution from your income to your super account, so you’ll have more in your retirement fund. The amount you choose comes out before you are paid, reducing your taxable income and giving an immediate tax benefit. This approach makes the process of boosting your retirement savings as easy as possible. …
Do you consider life insurance as an investment? You can buy life insurance from your super fund, financial adviser, insurance companies, or insurance brokers. First, you should work out what type of life insurance to get and what it covers? Types of life insurance cover The life insurance for you depends on your situation. Always …
