Rate Detective Guides

What is credit card interest?

Interest is a charge for providing credit. All credit card accounts have an annual percentage rate (credit card interest rate). The applicable terms and conditions describe how interest is applied on a credit card account.

When it comes to "mortgage insurance" there are usually 2 interpretations:

Switching Electricity and Gas has never been easier. In the past if you wanted to compare electricity companies or gas prices it was time-consuming and confusing.

Rate Detective receives pricing data from http://www.shoparound.com.au (“Shop Around”) who have several commercial agreements in place with energy retailers in Australia who pay a small once off commission to ShopAround for each customer that switches to their service. Rate Detective receives a proportion of this commission. The service is free to consumers.

The energy market comprises of three levels.

1. Generators

This is the collective name given to the companies that are responsible for the production of the basic product of electricity.

1. It is not about how much you earn, but more about how much of it you keep, even a substantial income is not going to have you achieve your goals if you spend it all.
2. Know yourself financially; understand your own personal finance habits.  
3. Create a budget for you and your family, make sure you whole family sticks to it.

Definition of Trauma Cover Insurance

Trauma Cover Insurance pays a lump sum in the event of a diagnosis of incurable condition, e.g. cancer, stroke, heart attack, major head injuries.

There are 4 main types of Life Insurance however only term life insurance is widely available in Australia:

Why is it that things just seem to work out for some people?

Tax is inevitable – if you are earning money. So even though we all have to pay it – there is no reason why you should pay more than your fair share. My top 10 tax tips are:

The 6 most frequent mistakes that we see small business operators make are:

1. Trying to do everything.

   You cannot – nor should you even try – to do the bookwork, develop new products, create marketing plans, manage every staff member, deliver products, etc etc.

In my experience too many small business owners, and individuals alike, make financial decisions based on the tax implications of the transaction. STOP IT.

Paying tax is GOOD – it means that you are making money.

Accountants are accountants – right?

Wrong!

Accounting is one of the most diverse areas of business. Some of my friends are accountants with over 25 years experience – yet never prepare their own tax return!

I get asked all the time:

“What is the best legal structure to operate my business in/buy my investments in/ own my home in?”

The reality is that there is no “best”. Each has their own pros and cons and you need to sit down with someone who knows your affairs properly and decide on the best structure with them.

Have you ever thought what would happen to you if you became permanently and totally disabled? Would you be able to meet your financial and family commitments and maintain the quality of life you and your loved ones currently enjoy?

Term Life Insurance has become a popular form of life insurance because policy holders are covered for large benefits, in the case of death, relative to the premium that is paid.

Every year thousands upon thousands of people in Australia fall seriously ill or suffer a serious accident in the workplace, on the road or at home.

Buyers’ advocates or Buyers Agents offer a service to their clients, which enables these clients the ability to assess the real value and potential of Property acquisitions which in general would not be available to them as laymen. Different people have different reasons for enlisting the services of licensed Buyers Advocates; some of these are mentioned below.

So you’ve bought your home and settled in. Now what? The commitment to regular repayments is a permanent fixture of your budget, your disposable income is much lower, but you have the security and peace of mind in owning your own home.