Saving Money
Behavioral Finance - Use The Investor Psychology To Your Advantage
Saturday, July 26th, 2008The Text Book Approach To Investment
Theoretically stock prices are guided by the ‘efficient market hypothesis’. Here are the fundamentals of this hypothesis:
The price of stocks already reflects all the available information.
Investors behave rationally - they use the information available to decide whether to buy or sell a stock
If the markets were efficient all the time, [...]
An Emergency Fund - Why You Need One And How To Start One?
Thursday, July 24th, 2008
Financial Pundits recommend that everyone must have an Emergency Fund. Here is some information about the importance of Emergency Funds and hopefully by the end of this post, I would have convinced you to start one (if you don’t already have one).
What Is An Emergency Fund?
Funds that you can access in case of unexpected events [...]
‘Simple Savings’ Review
Saturday, July 12th, 2008Fiona Lippey runs a very popular and a highly informative website called SimpleSavings. If you are after tips and hints on how to save money and where to save money then SimpleSavings is the place to go.
On the website there is a section called ‘Save-O-Meter’. This section tells you how much the members of [...]
Start A Savings Plan
Friday, July 11th, 2008According to a recent report released by ‘The Melbourne Institute household saving and investment report ‘ the number of households which saved part of their income fell to 43.5 per cent in June 2008, compared with 45.9 per cent a year ago. One does not have to be a rocket scientist to realise that the [...]
Savings Account Rates
Friday, July 11th, 2008A recent poll by Galaxy Research Poll concluded that more than 80% of Australians don’t know the interest they earn on their savings account. I am ashamed to admit that I am one of those Australians. Up until this afternoon I had no idea what my savings account was earning. I have a savings account [...]
Interest Free Loans - Are They Any Good?
Thursday, July 10th, 2008Many retail outlets (example - furniture outlets, electronic stores) offer you credit to purchase items from their outlets. For a set period of time, there will no interest charged on the credit they offer. This period varies from store to store and is usually 12 months to 24 months. These loans are called ‘interest free [...]
Tips On Reducing Your Petrol Bills
Monday, June 30th, 2008Unless you have been living in a cave somewhere on a remote island, you must know that the petrol prices have been rising through the roof. In the past couple of months I have written three posts about how you can reduce your petrol bill - Best Day To Fill Your Tank; Woolworths Everyday Rewards [...]
Christmas Club Accounts
Saturday, June 28th, 2008Lot of credit unions offer Christmas Club Accouts. If you struggle to pay off the credit card bills after the festive season then these Christmas Club Accounts are made just for you.
It is basically a savings account (with limited features) with withdrawal restrictions. Here is a list of what most of these accounts offer:
photo [...]
Credit Unions - A Good Alternative To Most Banks
Wednesday, June 25th, 2008According to ‘National Credit Union Association Inc, today there are over 150 credit unions, with 3,500,000 members with assets in excess of $34 Billion. Credit Unions offer almost all the facilities of banks but unlike banks they are ‘not for profit’ organisations. Credit Unions are owned and controlled by people who use its services.
The [...]
Looking To Buy Prescription Glasses?
Tuesday, June 17th, 2008I wear prescription glasses…And some times when I have patience I wear contacts. Anyone who wears glasses knows how expensive they are. Even if your private health insurance covers them, you still have to spend a significant amount of money to get a pair. Recently I read an article about an entrepreneur called Kevin Reece [...]
« Previous Entries Next Entries »