millennials save money

Should you take out a 40-year home loan?

If you’ve recently taken out a home loan with a 25 to 30-year term, paying it off may seem like an impossible task. Imagine then, tacking on an extra ten to fifteen years to the loan term.

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millennials save money

2 in 5 Australians can’t meet credit card repayments, study shows

It turns out Australians aren’t good with credit cards, with 2 in 5 people saying they can’t make their repayments on time, a study by credit bureau Experian has found.

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millennials save money

How to grow your savings with compound interest

The great Albert Einstein is alleged to have described compound interest as the eighth wonder of the world. “He who understands it, earns it; he who doesn’t, pays it,” the famous scientist apparently said.

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millennials save money

A third of Australians feel embarrassed by their financial habits and debt

More than one-third of people feel embarrassed by their financial situation, a survey by Mortgage Choice has found.

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millennials save money

Can I refinance my home loan with bad credit?

Having bad credit doesn’t necessarily mean you will be denied by lenders from refinancing your home loan.

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millennials save money

How the big four banks responded to the RBA rate cut

All of the big four banks have announced cuts to their home loan interest rates after the Reserve Bank of Australia (RBA) dropped its cash rate to a record low of 1% yesterday.

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millennials save money

Managing money at every age: A single woman's guide to financial independence

You might think that your gender and your bank balance have absolutely nothing to do with each other. But gender and money can have a fraught relationship.

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millennials save money

Macquarie Bank scraps international transaction fees on credit cards

Macquarie Bank has announced it will scrap international fees from its credit cards at the beginning of next month.

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millennials save money

Resurgence in share market lifts household wealth

Australian’s household wealth lifted in the March quarter as a resurgent share market offset continued property price falls.

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millennials save money

Life insurance policy switch off: Super members urged to check inactive policies

Inactive life insurance policies held in superannuation funds will be automatically cancelled if members don’t confirm they want to continue paying premiums before July 1.

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