Ways of Saving Money
It pays to spend a bit of time doing some research on your expenses. The below are just a few ways that may help you save.
A few tips to keep your investment portfolio optimised
The world of investments is always changing. Here are a few tips to keep your investment portfolio optimised.
- Set up regular meetings with an independent investment advisor
- Review your income from investments and when you are receiving income, fine tune the months to suit your expenses if possible.
- Review any annual charges and compare investment providers from time to time.
Are you getting the best from your home loan?
It’s worth doing a check on your current home loan to see what else is in the market. Things that you might like to consider are:
Take a look at the multitude of insurance policies you hold
You can make some significant savings with just a few small changes to your home, car, life insurance.
Remember to check the policy benefits – not all insurance policies are the same.
- See what savings you can get on your insurance premiums by varying your excess levels – the bigger the excess, the bigger the savings.
- When you buy online, you usually receive a discount on your premium.
- Consider using an insurance broker who can shop around and get you the best deal on the market.
- Ensure that your car is insured at market value and be sure to ASK the insurance to confirm this before renewal.
Like a lot of people, you may have a landline, mobile, broadband internet
You may have a land line, mobile, internet connection and TV subscription.
- Look at your current plan and usage patterns. Is there a better deal?
- If your contract expired is the same company offering better rates to new customers but has left your account on the old terms?
- Check out your usage costs and if you’re on a plan, see if you can reduce costs for not using the full amount each month.
- Look at bundling the services with a provider – it can often save you money (and the hassle of multiple bills from different providers).
Credit cards are a way of life for most of us which may cost us money for the convenience.
But, if you look around, there are some credit cards that can work better for you.
- Compare the features and costs of your credit card with others in the market.
- Consider the various options, including the higher fee options for an interest-free period.
- Are you using your card effectively? Could you pay it off at the end of each month?
- Is there a more economical card that’s better suited to you?
- Is there a better interest rate if you go past the interest free time frame?