Aussie Finance Blog

Cryptocurrency Maps. Charts And Prices: Everything You Should Learn Before Investing In It

17/11/2020 by AFB

It’s safe to mention that cryptocurrency is risky. For one, inefficient trading may lead to more financial loss than gain. Still, it’s possible to reduce potential losses and increase profit opportunities by understanding the fundamentals. In particular, you should learn the ins-and-outs of cryptocurrency maps, charts, and prices.

Continue reading to know some essential aspects of these topics. By reading this article, you should gain sufficient knowledge of trading cryptocurrency. ... (read more)

How will the relaxed lending regulations impact Australian borrowers?

15/11/2020 by Finder

Getting approved for a loan or credit card isn’t always easy. Potential customers often have to jump through multiple hoops as part of the application process, and there’s no guarantee that this will result in a lender’s tick of approval either.

But this process may soon become easier for borrowers.

In late September, the government announced that it plans to stimulate the economy by removing the responsible lending obligation from the National Consumer Credit Protection Act (2009). ... (read more)

Qualities of a Good Brisbane Accounting Firm

04/11/2020 by AFB

In any industry, one can never keep away from accounting processes. Any calculations in any business can be complex and tiresome. This is one reason why entrepreneurs—even small-scale ones—should hire a reliable accounting firm to handle all their accounting needs.

If you’re that kind of business owner, there are many accounting firms you can rely on these days. However, know that every company offers different services and varies in terms of reputation. Even if you’re in one country or state, quality offers may differ from firm to firm. ... (read more)

The five things you need to know about calculating your children’s cost of child care

04/11/2020 by AFB

Working out how much you will have to pay for child care is one of the most important parts of the early stages of choosing a centre for your children to attend.

Costs of care can vary widely but most families across Australia will qualify for some Government relief, with the actual amounts received depending on your family’s personal circumstances.

The following five things are essential to know as you work out precisely how much support your family is eligible to receive. ... (read more)

Saving money on your phone bill, the easy way – buy the phone outright

16/12/2016 by AFB

It used to be that people bought their phone under contract from their phone company. By signing an agreement with their telco which covered a couple of years, people secured themselves the latest iPhone and enough minutes and data to keep them going. When the contract was up, they upgraded to a new phone and the whole thing began again.

How to Budget and Save Money on a Low Income

07/06/2017 by AFB

Surviving on a low income isn’t easy in times when the cost of everything is rising faster than the average wage. Financial obligations can be frustrating and fraught with uncertainty even with proper money management, while saving money can seem almost impossible during lean times. People who want to budget and save money on a low income do have options, but creative thinking is required and diligence is essential.

Why is Savings Considered a Financial Investment

21/06/2017 by AFB

There are features unique to both financial saving and investing, and understanding their different attributes is important. Saving preserves and protects money, while also accruing compound interest, whereas investing allows money to grow within share market fluctuations. Both saving and investing are used as short and long-term strategies for financial gain.

How to Live on Less Money in Australia

21/07/2017 by AFB

As the cost of living rises, more Australians are teetering close to the financial abyss. Our consumer driven society has generated tremendous financial rewards for a minority of the population at the expense of everyone else, and the gap between rich and poor is wider than ever. We can’t all be rich, but nobody enjoys being poor, and while opting out of capitalist society is a dream worth considering, it isn’t possible for people with ongoing expenses, obligations, or a family to feed.

How to Live Within your Means Whilst still Enjoying a Takeaway

29/11/2017 by AFB

“Brick Oven Special Pizza” (CC BY-SA 2.0) by Mike Saechang

Enjoying a delicious freshly-cooked takeaway meal at home is one of life’s simple pleasures. It’s a moment in time when you can relax and unwind with family or friends and sample some of your favourite foods without even having to lift a finger in the kitchen yourself. Unfortunately, for people who need to tighten their financial belts to save money for a house deposit or to pay off that loan, takeaways tend to be one of the first things binned from the luxuries list. That’s without even attempting to find other ways of cutting back and keeping enough cash for a couple of takeaway treats each month.

Understanding Solar Powers Return on Investment (ROI) and How To Calculate It

20/10/2020 by AFB

If you have turned on the TV or been scrolling through your social media feeds you will probably have noticed, you are being bombarded with ads for Solar. From Government rebates to eliminating bills, every ad seems to promise the world. Installing Solar Panels is a great way to reduce your carbon footprint and help the environment but does installing solar really save you money?

The short answer in a lot of cases is yes (if done properly). With rebates available (STC’s), the high cost of power in Australia and technology advances, it does. However, if some poor decisions are made along the way, it can be a massive waste of money. ... (read more)