Here are a few simple tips you can implement to help you become financially fit.
1. Research lender options
With lenders keen to attract new business, many are offering some significant incentives to customers, including free usage of any ATM in Australia, and even cash-back bonuses. So what have you got to lose? Ask how we can help you research your options to see if there is a better financial institution out there for you.
2. Compare to find a better deal
You may be paying more than is necessary on your home loan, insurances, utility bills, etc. Comparing your options via your mortgage broker or websites like HelpMeChoose.com.au can help you find a deal suited to your needs, and may see you save money.
3. Bundle up your expenses
There is no need to completely cut off your internet or pay-television to save money each month. Bundling several services together could save you a small fortune. You may also consider lowering your data limit or package inclusions to help trim excess expenses. Any savings, big or small, can then be contributed to your home loan to save even more over the long term.