Why Banking Works – Financial Crisis

When it comes to financial management, even business professionals reach a consensus as to what is the most effective, reliable, and secure means to manage your money, and that is through the bank. Your bank is an effective means to manage your bills payments, keep track of your transactions, receive your income and whatever extraneous cash inflow, and help you save effectively.

The last one is perhaps the most obvious feature of the bank that people do not take advantage of. A bank, being a financial intermediary, can actually help you save money efficiently. Heres how.

First, you are required to keep what is called a maintaining balance in your bank account. This means that even if you make deductions in your account, the bank requires you to save a bare minimum in order to continue enjoying their services. And yes, that translates to a forced saving on your part.

Another feature of bank saving is the fact that you are free to continuously add to your account whenever you can. Otherwise, your money will remain safe in your bank. Moreover, while its staying in the bank, you are actually earning interest rates on your money.

Continue reading Why Banking Works – Financial Crisis

Aussie Home Loans Again.

Aussie Home Loans is an Australian home loan institution. The little fat guy saying “We’ll find you a better home loan deal or we’ll give you $300” is so familiar to Australians, we would miss him if he ever went broke.

However, Aussie home loans, does produce the goods for people looking to save money on the next home loan or mortgage. How else could they say they will give you 300 bucks if they can’t find you a cheaper loan.

Here is some of what they claim:

We’re so confident that our Advisers can find you a better home loan deal we’ll give you $300 if they can’t. We call it The Aussie Guarantee*.

Using our specialist Mortgage Explorer comparison software they’ll search hundreds of loans from Australia’s lending lenders, including the big four banks, to find you a better home loan deal. If we can’t, we’ll give you $300.

So why not put Australia’s Best Mortgage Broker^ to the test today? You’ve got nothing to lose.

You can’t argue with that.

Aussie Home Loans has recently been named “Best Non Bank Financial Institution” at the 2008 Australian Banking and Finance Magazine Awards. With over 15 years experience they have developed their own range of competitive products to suit almost every situation.

So, do yourself a favour and check Aussie Home Loans out before you finalise your next home loan.