Get help, advice and information on all your Finance issues. http://advice-and.info/Finance/save.htm Mon, 04 Aug 2008 15:35:57 GMT en Less than 40 of Australians have sufficient savings to survive more than a month at their current lifestyle if their income was to stop today. A poll of 400 Facebook users, conducted by saving account comparison firm for high-interest-saving-account.com.au, showed that the majority of Facebook users in this age group are living from paycheck to paycheck and spending most of their disposable income without saving for major purchases or long-term investment. In fact, over 30 of those interviewed claimed to have no savings at all. Men appear to be the worst savers with 43 admitting to having no savings at all. However, the poll showed that there was a significant minority of dedicated savers, with 20 saying they could survive for 6 months or more at their current lifestyle from their savings alone. Richard Greenwood, of high-interest-saving-account.com.au said: Following the recent spate of interest rate rises in Australia, savers c an benefit from extremely competitive rates on high interest accounts (around 8.0). At an interest rate of 8.0 opening a saving account with just 500 and depositing 150 each fortnight would grow to over 24,000 in just 5 years. Thats enough to buy a new car in cash. Greenwood continued: If you can live without the money for a while then term deposits offer even higher returns and avoid the temptation to withdraw funds before reaching your saving goals. While our parents generation grew up with an expectation to save for what you want, the generation X and Y's under 35 are living for the now and using debt to fund the purchases they want. By creating a simple budget and making use of todays high interest rates on a saving account or term deposit, it's easy to create a cash reserve for a rainy day or to avoid debt for major expenses such as a new car or overseas holiday. http://advice-and.info/Finance/92613_Oung_Ustralians_Are_Living_In_The_Now_And_Failing_To_Save.html Sat, 02 Aug 2008 14:33:09 GMT How many times have you been talking to someone and they have said they were in this awful situation where they needed to do something or be somewhere, but they didn't have the money? How many times have you thought about the fact they could have looked into payday loans to solve their problem? You've probably ran into several of these situations, but you don't want to have to tell them what they could have done or they might be beating themselves in the head. However, you have to somehow tell them that a payday loan online can keep them from submitting to defeat ever again. Your approach You know that payday loans come in handy in tough situations and you hate it when your friends have been in a pickle and haven't let you know about it so you can let them know about these paycheck loans. But you most certainly want to let them know just in case it ever happens again and they need cash fast. So in general conversation, just mention that you have gotten a payday loan online before. Let them know that you were in a bad situation and that you were a week or so off from payday. Add that they are like paycheck loans because the loan amount is based upon how much is needed and your ability to pay it back on your payday. If they are still not convinced that this would be the solution for them, then you may have to dig into your arsenal of information. The arsenal Use an example other than your own that proves how payday loans can help. Thing of the worst possible scenario such as the car breaking down right before it is time to drive off to an expensive vacation. Tell them that anyone in that situation shouldn't have to break into their saved vacation money and make their family suffer. They should check out a payday loan online and get the cash that way. Let them know how simple the process is and that the money is in the bank and the car is fixed before it is time for the family to leave. The payday loan online also consists of very little paperwork and approval for these paycheck loans is quite fa http://advice-and.info/Finance/89605_Dont_Submit_To_Defeat_When_A_Payday_Loan_Online_Can_Save_You.html Sat, 28 Jun 2008 11:17:40 GMT Have you heard your friend's or even your family members or coworkers talking about how much money they have been able to save through home refinance? Are you wondering if this is something that you could take advantage of, too? With the subprime crisis all over the news, everyone is more likely to take a look at their mortgage and consider how they could save, make their mortgage more affordable, or simply make their housing situation more stable. Many people have responded by looking into refinancing and exploring their options. Can You Save with Home Refinance? This is a question that many people are exploring right now and many people are finding that they can save money or simply improve their mortgage situation by pursuing the home refinance process seriously. The savings and the process is a bit different for everyone as some people will save hundreds or thousands of dollars and other people will simply feel more secure, which is worth more than monetary savings in a lot of instances. How can you save money through home refinance? This is actually pretty simple and it can be best demonstrated through an example. If you bought a home five years ago for 150,000 and you got a fixed rate loan at 7 you may be able to improve upon your situation by refinancing and getting a fixed rate loan for the 140,000 that you still owe on the home but instead of having the seven percent interest rate you'll have a five percent interest rate. Your monthly payments are smaller because you are financing 10,000 less but you are also going to see a reduction in the payment amount because you lowered the interest rate by two percent. This doesn't sound like much, but it's huge! Another way that you can help to save money is by reconsidering your future plans. When you moved into your home you may have assumed that you would like there forever and now you may know that you will only be in your home for another five years. Instead of continuing to pay that seven percent interest rate, why not refinance and http://advice-and.info/Finance/89237_Save_Money_With_Home_Refinance.html Wed, 25 Jun 2008 05:08:34 GMT It's no secret that there are almost as many ways to save money on auto insurance as there are insurance companies, but what many people don't realize is that many of the same money saving tips that apply to car insurance are applicable to motorcycle insurance as well. Here are just a few: A less expensive bike means less expensive insurance. Just as luxury cars cost more to insure than economy cars, so too do expensive motorcycles cost more to maintain and repair, as well as insure. If you're a casual rider, consider a mid-range bike. Bundling policies can save you money. It's no secret that bundling your home and auto insurance with one company nets you a significant discount, but this savings applies to motorcycle insurance as well. A higher deductible means lower premiums. Deductibles and premiums are inversely proportional no matter what you're insuring - cars, trucks, motorcycles, houses - if you are comfortable with the concept of paying more out of pocket if you have an insurance clai m, increasing the deductible can significantly reduce your annual premium. In addition to the suggestions outlined above, you may be able to earn a discount on your motorcycle insurance by storing your bike in a garage when you're not riding it, joining a motorcycle club, or taking a safe rider class - the two-wheel equivalent of defensive driving. Insurance companies are staunch advocates of motorcyclists following safe riding habits. These common-sense behaviors won't save money directly, but they may prevent you from being in an accident, which will greatly reduce the likelihood of having to file a claim: Don't ride drunk. More than half of all motorcycle deaths involve a drunk rider. Stay sober and stay alive. Upgrade the bike; update the policy. Most motorcycle policies include at least some coverage for custom equipment, but only if the equipment is itemized on your policy. If you improve the safety features of your bike, or even just purchase new leathers, be certain to call your insur http://advice-and.info/Finance/88431_How_To_Save_On_Motorbike_Insurance.html Sun, 15 Jun 2008 14:16:47 GMT We all run into financial difficulties once in a while. Rather than borrowing from family or friends, many of us prefer taking loans to get us out of a jam. If you have bad credit, you may think that you cannot possibly get a loan. The good news is, bad credit cash advance loans are easy to obtain and can help you get the cash you need, when you need irrespective of your credit ratings or bad credit history. You can apply for a cash advance loan right online. A cash advance is the oldest way to borrow money. Long before there was such a thing as charge cards, there were cash advances from employers. Today, your employer wouldnt think of giving you a cash advance. But you can get a bad credit cash advance from a number of other places, including online lenders. http://advice-and.info/Finance/85257_Bad_Credit_Cash_Advance_-_How_A_Bad_Credit_Cash_Advance_Can_Save_You.html Mon, 21 Apr 2008 14:57:24 GMT Are you looking to save money? Whether you are looking to get out of debt, save money for a special event or purchase, or just because, you may be looking for guidance. For many individuals, saving money is a lot harder than it sounds. One of the first steps that individuals looking to save money should take involves opening a savings account. Many financial institutions offer free checking accounts to consumers. Typically, a balance of at least 25 or 50 needs to be maintained. As for why a savings account is advised, it tends to limit spending. By keeping all additional money in a savings account, as opposed to in your pocket or in a checking account, you are less likely to spend it on unnecessary purchases. Savings accounts also accumulate interest. http://advice-and.info/Finance/82529_How_To_Save_Money_And_Improve_Your_Lifestyle.html Sat, 22 Mar 2008 02:00:55 GMT Whether you are in business or looking to save money personally, one way that you can do so is by cutting down on the amount of energy used by your business or within your home. The cost of all sources of energy has been rising steadily over the past five years, and the result is that businesses and individuals alike must take the large dollar amount they pay to energy producing companies into account when formulating a budget. In addition to the cost of energy, the increasing fear of the consequences of global warming has had a direct affect on many levels of government, which are imposing fees and handing out rewards to places which use less energy. The cost of energy of all kinds is unlikely to fall any time soon, but businesses and individuals can save money, and thus add money to the bottom line each month, by making sure that homes and businesses are as efficient as possible when it comes to energy. One way is to guard against the loss of the heat that is generated by the energy and used for several purposes. Before we get into that, lets take a look at how heat gets lost. http://advice-and.info/Finance/82118_Insulating_Sleeves_-_Can_They_Really_Save_Me_Money.html Tue, 18 Mar 2008 13:26:51 GMT Brits waste thousands of pounds each year on car insurance because they do not understand some of the car insurance tips that could save them money. Car insurance protection is extremely important for the peace of mind of motorists. Car insurance that offers a great combination of coverage benefits at a reasonable price is important. Car insurance provides a variety of benefits to motorists. Each driver must determine the benefits that are most important to him or her, based on driving habits, needs, and other factors. Some protections are fairly universal, but there are also some specific benefits that may appeal to particular drivers. http://advice-and.info/Finance/81839_Car_Insurance_Tips_To_Save_You_Money.html Sat, 15 Mar 2008 21:08:14 GMT If you have used a bank account for any length of time, then you have had at least some experience with banking fees. Many banking fees are entirely avoidable for those who take care and monitor their account usage. At the same time, there are other ways to avoid paying banking fees and keeping your money. You just have to know the ways around the fees and develop strategies for keeping outside of the typical policy conditions that lead to fees being charged in the first place. One of the major ways to save money on banking fees is to know how your bank operates in the first place and train yourself to manage your account accordingly. This, alone, can make a major difference in how many fees you will end up paying. It will also help you save money over throughout the year. http://advice-and.info/Finance/80829_Ways_To_Save_Money_On_Banking_Fees.html Fri, 07 Mar 2008 00:56:19 GMT With the Internet becoming the global marketplace, the customer base for online businesses has also expanded a great deal. Merchant accounts have therefore been introduced to accept and make credit card payments online. A certain percentage of every transaction made through merchant account is therefore charged by the merchant account service provider as the fee for the services rendered by them. The ease of accepting payments increases the customer base of an organization and thereby increases the profits that will be earned by them. It is always better to prefer an offshore merchant account over the onshore one as these are legal, and besides, the services made available by them is much better and helps you save a lot of money in the long run. Though it is possible to open a merchant account in the US, an offshore merchant account from countries in Europe, the Caribbean, and Central America is always a better option as the procedure for the transfer of money via debit or credit cards is much cheaper in this case than in an onshore merchant account in the US, which will ultimately reduce your profits. Having a merchant account, therefore, helps you save a lot of money. http://advice-and.info/Finance/79878_How_Merchant_Account_Can_Save_Your_Money.html Sat, 01 Mar 2008 20:22:30 GMT The main goal of home mortgage refinance is to lower down your interest rate so you will also decrease your monthly repayments. To further improve your savings ability, here are more ways on how to save more money with refinancing. You cannot expect for money to come flowing in anytime you want to. There will always be times when your bank account is drained, and youve already used whatever money you have in your pocket and wallet. Worse, your credit card is screaming and your home loan is already about to go on default. What should you do? You choose home mortgage refinance. http://advice-and.info/Finance/79178_How_To_Further_Save_Money_With_Your_Home_Mortgage_Refinance.html Fri, 29 Feb 2008 06:59:31 GMT Seven in ten British adults have some sort of savings reveals new figures from the Office for National Statistics, published on Thursday. But many now fear for their saved money after the recent turmoil on the credit market. And, despite the savings, auditors predict more personal insolvencies which combine bankruptcies and IVA agreements in 2008 than in 2007. The figures from the Office for National Statistics shows that simple deposit accounts are the most popular form of savings among Britons, held by 59 per cent of the population. It further shows that men and women are equally likely to have unsecured debts but that their borrowing preferences vary. Women are more likely to have store card debts while men are more likely to have hire purchase agreements. http://advice-and.info/Finance/77699_Seven_In_Ten_Britons_Save_Money.html Wed, 13 Feb 2008 05:19:49 GMT There are many advantages to obtaining the help of a commercial mortgage broker. Of course the main reasons are that you will get your mortgage in the shortest time possible along with getting the best deal attainable. While you will have to pay the brokers fees it is still possible to save money on your development project. The biggest advantage when it comes to shaving money off the loan is the fact that a commercial mortgage broker will have the knowledge of where to look when it comes to lenders. From past experience they will know from looking at your proposal which lenders are likely to offer what you want for the cheapest rates of interest. A broker will also if need be, be able to search with the whole of the marketplace to secure the cheapest and best deal possible based on your individual circumstances. http://advice-and.info/Finance/77436_If_You_Want_To_Save_Money_Use_A_Commercial_Mortgage_Broker.html Thu, 07 Feb 2008 13:16:23 GMT