Reviews tagged ‘savings account’
Offset Your Mortgage With A High Interest Savings Account
Using your savings account to reduce your mortgage is not only possible, but growing in popularity. This doesn’t mean taking all of your savings and making a lump payment on your mortgage loan. Your savings account stays right where it is. Just having the savings account is all you need. Australian home loans are [...] More Info »
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What Are You Doing With Your Extra Tax Money This Year?
The beginning of a new financial year meant the beginning of new tax cuts. Most Australians are bringing home an extra $600 a year per income below $70,000. If you have a double income household, that’s $1,200 a year, or $100 a month. That doesn’t sound like a lot of money, but I [...] More Info »
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Term Deposits Explained
Term Deposits Explained Term deposits, sometimes called certificates of deposit, differ from regular savings or checking accounts in that you agree to leave your money on deposit for a specified time, or term. In return, the bank pays you a higher than average interest rate. In many cases these accounts also require a higher opening deposit [...] More Info »
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