1    How much do you spend on insurance annually? Don't know? Check your insurance requirements annually and make sure you have adequate coverage. Confirm that you are not paying for something you don't need. Many people set and then forget their insurance, so instead of just paying the renewal, take some time to consider where your money is going.  

 

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        Tip No. 45  ..... anonymous   

 2    Before making purchases, ask yourself; Do I need this, or do I merely want this? Whilst it's nice to indulge occasionally, making smart, disciplined purchases will result in a much fatter bank balance and a less cluttered home!  

 

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        Tip No. 76  ..... anonymous   

 3    Guard against investment uncertainty by truly diversifying your investment portfolio and holding a variety of asset classes.  

 

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        Tip No. 44  ..... anonymous   

 4    When paying your mortgage pay weekly or fortnightly as interest is calculated daily, by paying it more often you reduce the interest off your loan  

 

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        Tip No. 74  ..... Rhonda Salmon   

 5    In a volatile market it is wise to start with a lower level of gearing for a margin loan or move to a gearing level that allows for a comfortable safety buffer should the market value of your investments fall. If you are highly geared make sure that you have enough liquidity to meet any margin call so that you don't have to dispose of investments before you want to.  

 

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        Tip No. 100  ..... anonymous   

 6    Not many of us know when our annual credit card fee will be charged or perhaps how much it is. It's a good idea to know and consider if a low fee and low rate card might be a better alternative. If you have a good credit history, rather than lose you, your financial institution will probably switch you over without a lot of hassle. Sometimes you just have to ask and it can save you some money, every year!  

 

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        Tip No. 105  ..... anonymous   

 7    Getting a tax refund this year? Don't spend it! If your credit card debt is under control consider putting it straight into your super fund. You've worked for the money, so once you've got it, make it work for you ... everyday.  

 

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        Tip No. 106  ..... anonymous   

 8    Make sure your super fund has your tax file number, this helps track your money and makes sure you pay the lowest rate of tax on your contributions  

 

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        Tip No. 31  ..... anonymous   

 9    Consider fees such as entry fees, on-going fees and exit fees before you make a decision about a product. Most financial products have fees of some sort associated with the following stages of ownership; acquisition, management, retention and finally disposal.  

 

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        Tip No. 46  ..... anonymous   

 10    Find a bank or credit union that does not charge you for using their ATMs. They are out there!  

 

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        Tip No. 30  ..... anonymous