Elizabeth Mclean's Articles

  • No Frills Banking: What You Need to Know
    Sometimes it can be difficult trying to understand everything involved in opening up a simple savings account, especially when all you want is somewhere safe to keep your money and not be charged the earth for it. This is where a ‘no frills’ bank comes in.
  • Commercial Loans for a Small Business
    A small business must have excellent cashflow to ensure stability and growth. It can be said that your cashflow is the lifeline of your business, essentially allowing you to meet the demanding needs of your customers and pay suppliers on time.
  • Banking For Small Business
    Small businesses are faced with many challenges, but finding a great bank should not be one of them and while there are plenty to choose from, not all of them are the same. In some instances, they may not even be appropriate for a small business.
  • What To Know When Refinancing Your Home Loan
    The majority of Australians purchasing a house do not have all of the funds to buy the home of their dreams, so they take out a loan. A large part of understanding home loans is knowing when and how to refinance.
  • Understanding The Basics Of A Standard Home Loan
    Understanding the fundamentals of a standard home loan is crucial, especially when you are about to take out a mortgage for your first home. There are various aspects that you should have in mind from the type of home loan to take out, the lender that you will borrow from and how much you need in your budget to pay back the loan.
  • Understanding How Home Loan Interest Rates Are Set
    One of the essential things to know when taking out a home loan is how interest rates are set. If you are unsure of how this process works, then you may be left with multiple questions unanswered, which can bring a sense of doubt and even fear.
  • Tips For First Home Buyers
    Purchasing a new home is an exhilarating step in your life at any time, but even more so if it is your first time. So, it is crucial that you do your research on home loans in order to get the best price and to understand the process fully. There are many points to take into consideration while selecting lenders and loans for your first home.
  • Personal Loans vs Car Loans
    Cars have become the alternative to unreliable and expensive public transport. Plus, using public transportation does not always get you exactly to where you want to go, which means that you have a longer commute and must allow for more time to travel.
  • Fixed Term Deposits - How They Help You Save
    Fixed term deposits are a great investment strategy, especially for those people who like to 'steal from the cookie jar'. Sometimes with normal savings accounts or high interest accounts, the money is always available to you, so you can always take a few dollars out here and there. However, if you need to keep this cash out of your reach, then fixed term deposits are an excellent option for a safe investment.
  • Budgeting To Buy A Home
    Buying a home is an exciting time in your life, but to keep this adventure going with minimal stress, you should be properly budgeting your finances. You cannot take out a loan for exactly how much your home will be, as there are many fees that are also associated with buying a property, which usually exceeds the maximum that someone can borrow. There are upfront costs you may already be aware of, but there may be a lot more that you are not familiar with also.
  • Understanding Home Loan Fees and Exit Charges
    What you may have once thought of as being an excellent deal on a home loan has slowly turned into a financial nightmare. Since new loan and financing plans are always becoming available, you may find it more prosperous to break your current mortgage contract and switch home loans.
  • Shopping Around for a New Bank Can Save you Money
    Not all banks and bank accounts are the same. Some banks charge fees for certain services while at other banks, those services may be free. Some accounts within the same bank may be different, such as a cheque account or a savings account.
  • Tips to Managing your Money for Families
    Being prepared for everything is always a challenging task, which is multiplied when you have to take into consideration a family. Not only do you need to think about provisions, but you also need to think about university funds, trust funds, weddings, family holidays, savings and retirement nest eggs. This is no easy feat for anyone.
  • Essential Features of a Savings Account
    Saving money is a large part of everyone’s lives, so putting trust into a strong financial institution is the best way to ensure you receive interest on the money kept in the account. There are dozens of banks in Australia to choose from and each has different benefits.


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