Great money savings tips

Savings tips can be a godsend during times of ever-growing debt, rising prices and economic uncertainty. But good savings tips seem few and far between, which is why we've put together a handy guide to help you save better and longer.

Should I borrow money to tick things off my bucket list?

Does your ever-growing bucket list include things like trekking the Himalayas or renovating the kitchen, but gets pushed into the too-hard basket from lack of spare cash? Well, you might be surprised to learn luxuries like these can actually bring you wealth, all with a little help from a personal loan.

Break fees still apply for fixed home loans

In July 2011 home loan exit fees were abolished, except for any home loans that were signed prior to this date. But this only applies to variable home loans. If you have a fixed home loan there are still large fees that apply, called break fees.

What inspections do you need when buying a home?

Buying a home can be a tricky and costly process, one which could end up costing you money before you even make an offer on a home. Once you have your home loan sorted and have few a properties in mind you can start carrying out the inspections.

Be prepared for interest rate rises

Sometimes the dream of owning a new home can override our basic common sense when applying for a home loan. Taking out a home loan with repayments that are just within your budget doesn’t allow you much room for interest rate rises and this is where Aussie borrowers get in trouble.

Take advantage of falling Australian bank fees

There is no way of avoiding bank fees but you can certainly keep them at a minimum if you spend, save and pay smart.

Save money by accelerating your home loan repayments

Has that pay rise got you stumped? For homeowners, there is a huge incentive to accelerate your repayments on your home loan because it could save you thousands in interest but there are a few things to consider before doing so, namely do you have any other outstanding debts?

Financial claims scheme: Australian deposit guarantee

During the global financial crisis the Federal Government followed many developed nations by introducing a home loan guarantee. The financial claims scheme applies to a range of deposits.

Overextending ourselves to get our dream home

We would like to believe that lenders have our best interest at heart, but where money is involved, there is only one person who knows what’s best for you – you! Mortgage stress is an overwhelming concern for a number of Australians as they financially over-extend themselves to get their dream home.

What is a low doc home loan?

Home loans span across many lenders and come with varying benefits to cater to individual needs. Selecting one that matches your particlar needs and circumstances is important. If you're self-employed a low doc home loan might be your best choice.