Banks Archive

How To Maximize Business Profits By Reducing Costs

When it comes to running a successful business, the aim of the game is to maximize profits. Let’s face it, if you aren’t turning a profit then you aren’t going to be in business for very long. The obvious answer when it comes to hitting those profit goals is to increase revenue, however, selling more

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Don’t put all your banking eggs in one basket

I know i’ve spoken about this in the past, but considering how many people have been caught out recently by this whole St George fiasco, I figured I would talk about it again

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How to apply for a personal loan

Applying for a personal loan can be confusing, intimidating and time consuming and if you really need a cash loan, the fear of rejection can be terrible. However, applying or a personal loan doesn’t need to be a daunting experience. With some thorough research and a clear understanding of the process, as well as some

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The Benefits of Building Societies

Many people in the United Kingdom are confused as to the difference between banks and building societies, from their roles to their ethos to the way they are run. They tend to imagine that they are essentially one and the same, or to discount building societies entirely on the basis that they simply don’t understand

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Considerations when Getting a Personal Loan

I have been doing a lot of loan research lately, both for my recent peer to peer loans post that I wrote last week, as well as for a new mortgage that my wife and I are entering into to buy a new house. So this is an ideal time to continue with the theme

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Getting the best rates for your loans

Interest that accrues on loans can be downright depressing to look at when you are trying to pay off debt. As I spoke about recently with my post on becoming financially literate, having a large interest debt that I had to repay each month was sucking the life out of our finances and leaving us

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Government Subsidies and Handouts to Companies

There has been a lot of bluster over the last week regarding the Australian Governments decision not to support one of our local car manufacturing companies (Holden) with a cash injection to support the business and allow them to continue operating in Australia. In the end the Government decided not to provide financial assistance and

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Is Facebook more secure than your bank account?

We truly live in an online world, and as such many of our daily activities revolve around online activities. Everything from socialising to money management takes place online, with many of us managing multiple accounts to control our various assets

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Getting Stung with Bank Fees and Charges

Do you hate getting stung with bank fees and charges as much as I do? It seems criminal to me some of the fees that banks employ to steal your money. Unfortunately there is a chronic lack of competition in the banking sector (at least in Australia) and this is the price that we end

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How to Consolidate Debt

Learning how to consolidate debt is one of the most important financial tools you can have in your arsenal. The reason why this is so important, is that you could be saving thousands of dollars just by making a few simple phone calls or by sitting down with a financial expert who understands your financial

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Why do Banks Like the Phrases “Please Hold” and “Transaction Pending”

With the advent of the information superhighway data can be transmitted from one side of the world to the other in milliseconds.  Data, including emails, video calls and great long, complicated documents are all instantly transferred in real time.  However, despite this revolution, real time financial transactions remain elusive.  So why does the phrase ‘transaction

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Having Multiple Bank Accounts is a Smart Move

Do you have multiple bank accounts with multiple financial institutions? I do, and I’ll tell you why I think this is one of the best moves you can make with your money. A few years ago a friend of mine got caught out by only having one bank account. The bank that he held his

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