![[finance,what?]](http://fbmc.b4g.info/fwlogo.png)
Pay Off Your Mortgage or Not ?
This is probably the most popular question related to mortgage. If you have extra money, will you better off use it to pay off the mortgage (reduce your homeloan) or not ? What you will read here need open mind and a little bit knowledge about economy but if you never though about it before, it probably will blow your mind !
Offset Account, Tax and High Rate Term Deposit/Saving Interest
Still in the cloud of Global Financial Crisis, some banks often offer very generous high interest rate for saving account or term deposit, even much higher than their mortgage interest rate. So, if you have mortgage as well, is it better put any extra money in this high interest saving or put it in the offset account of your home loan ?
No Deposit, No Interest, No Repayment Offer. Very Interested !
From time to time, this familiar phrase “No Deposit, No Interest, No Repayment” comes on the commercial break on your TV. The offer varies the period. Sometimes only for 12 months, but if the time is right it can be up to 40 months. (Yes, only about 3.5 years later you need to worry about the payment). Sounds to be good to be true? Actually, it’s not. It’s real and simple and everybody happy. You just need a discipline !
Rule of Ten: The Least You Can Do
Let’s face it: saving is not that easy with all of those bill and additional expenses that we need to cover. But fortunately, it’s not that hard either. As long as you are willing to commit to it, a little tip and rule of ten, will help you go trough this small hurdle of making a saving.
No Christmas Debt Next Year !
Christmas is about giving, and that’s exactly why we got another “Christmas Debt” this year: buying too much gift or too expensive gift for all the one we care. The problem is we know each time that we will a bit overspend during Christmas, yes, we can blame it to the holiday spirit, but we need to do something to make sure next year we will be without xmas debt!
Fixed Rate or Variable Rate ? See This Simulation, Get Clear Answer!
When interest rate is expected to be going up, the classic question of most mortgage holder is “should I fixed my rate or keep it variable”. And most answer they got will be the usual vague notion: “It depends”. Well, do not settle with that answer, because with simple simulation below you will have your answer yourself with your own number! (The good news is, don’t worry about the calculation as the software will take care it for you)
Manage Your Only Credit Card: Don’t Fall Into Debt, Get Out If You There !
I can think 2 main categories why one doesn’t want to have or use credit card. First one is due to some supernatural strange belief related to debt and the use of money. Really cannot do anything about this. The second category is the one that not really sure how to use or manage a credit card and don’t want got trap into debt trap. Well, I can help with this one.
Credit Card For Overseas Travel: What Is The Cost?
More and more people are traveling overseas compare to 10 years ago – thanks to globalization and the boom of “low cost airline”. But how they actually fund themselves on that overseas trip? I would bet that most of them will just carry the cash with them. Probably they don’t really know that their credit card can be used for the trip. But what is the cost of doing that ? Let see why using credit card should be the most convenient, cheap and safest way to use for your next overseas travel.
How to Get Rich: 4 Simple Plans To Do
I would think (almost) everybody will want to get rich, I mean financially wealthy. Some will denied that intention publicly, some will embrace it cheerfully. But most of those people, probably won’t have a real clue how to get rich. Because getting rich is not merely a result of getting more income. It has to follow the 4 simple plans outline below. It’s simple as anyone will understand it, but I did not say it’s easy. The good thing is, everybody can really follow these plans and the difference is just how fast they will make a significant progress to become much more wealthy.
Your Homeloan Also Depends On Your Credit Card!
If you have (too) many credit card and you are thinking about getting a homeloan/mortgage, you need to read this article carefully. Yes, your credit card could actually the one determine whether you get approval for the homeloan or not. Even you are not using that credit card at all! And you cannot really lie about it as it is documented in your credit history. So, what can we do about it ? Fortunately, not that difficult.