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Tag: save money

How to save money and invest in a house

How to save money and invest in a house

Real Estate
Buying the first home starts with raising enough funds for a home loan deposit. While everyone understands the need to save for at least 10% to 20% of the purchase price, not many know exactly how to accumulate that amount of money. Saving money to buy a house requires some sort of planning and strategy. Here are some useful tips for raising home loan deposits. Open a First Home Saver Account First time home buyers in Australia should open a First Home Saver Account, a tax effective way to save for a house deposit. Basically, the first $5000 of individual contribution made each year to the account will see the government contributing 17% of that amount. This is much higher than any interest rate in savings accounts or fixed term deposits. The First Home Saver Account should not...
How to save money, reduce summer expenses, reduce debt

How to save money, reduce summer expenses, reduce debt

Finance
Reducing household and other expenses during the hot summer months can save a lot of money. A regular review of the following hints may prove to be valuable! Power Bills Electricity bills often soar during summer – especially in houses with air-conditioning. If you have air-con, then use it sensibly. Keeping your house cool by keeping blinds and curtains closed, especially early on hot days when homes can rapidly heat up. If your house has upper floors, you may be able to cool most of the house by cooling the upper floors and letting the cool air fall through the rest of the house. (And warm your house during winter by heating the bottom story with hot air rising.) Also, check the seals on your refrigerator. A fridge working extra hard to keep cool can chew up a lot of additio...
Important tips to follow while buying homeowner’s insurance

Important tips to follow while buying homeowner’s insurance

Home & Garden
Before shopping around for a homeowners insurance quote, learn more about the policy: Homeowner's insurance policy coverages: actual cash value vs. replacement cost. We'll start off with actual cash value and replacement cost, because if this coverage isn't specified in the quote, homeowners could be in for some serious trauma if there is an insurance claim. Simply put, actual cash value includes depreciating the value of items at the time of the insurance claims assessment. The depreciation calculation varies by the item insured, the insurance company and the individual claims adjuster. Replacement cost value does not depreciate the value of items insured at the time of the insurance claims assessment. Replacement Cost is the actual cost to replace an item destroyed or damaged i...
3 Secrets to Saving Money Despite Being on a Tight Budget

3 Secrets to Saving Money Despite Being on a Tight Budget

Finance
It is always good to have a bit of money behind you so that you can deal with unexpected financial emergencies and save for future projects and plans. The challenge is trying to find the spare cash to put away when your household budget is tight. The good news is that there are some simple but effective strategies available to help you put money away once you have made the decision to open a savings account. It also pays to search out the best digital savings account so that you can get transfer money online and get a competitive interest rate in order to see your cash grow in value. With that sorted, here are some tips on how to save money on a tight budget. Know where your money is going One aspect that is crucial to your success in making the most of your money is the ...
15 Ways to Save Money for Study Abroad

15 Ways to Save Money for Study Abroad

Career
In the recent years education has managed to shatter the boundaries of borders as there has been a sharp rise in the number of students traveling abroad for studies, more than ever before. Top colleges on the 美国大学排名 lists receive millions of applications every year. However, even with scholarships, it is quite an expensive affair. Thus, start making some solid plans to save up if you want to study abroad. Education costs Make a rough estimate of your estimated education costs. It will give you an idea of how much you need to save. Scholarships A number of universities across the world offer several scholarship options for meritorious students. Apply for these scholarships and you can get your degree fully paid for or at least only partially self-funded. Funding ...
Money handling tips while obtaining auto dealer financing

Money handling tips while obtaining auto dealer financing

Finance
Money handling - Obtaining an auto loan is exciting and many dealers offer in-house financing, which allows individuals to easily receive the loan for the car they desire. This can be a good thing, but without careful money handling, it could lead to the dealer taking advantage of the individual purchasing the car. Below, individuals will learn how to work the auto finance network with important tips for obtaining auto dealer financing with good money handling tips. There are several reasons to save money and smart auto loan is one of those. Check Interest Rates Individuals have the option to negotiate the interest rate for their financing. It’s important that they exercise this option because the dealer will almost always make the interest rate higher than they actually plan on ...