Business
The five most common money mistakes – Sydney Morning Herald
By using these tips and tricks, you can put yourself well on track to securing your financial future.
The rates on savings accounts are typically at least one percentage point below the rate on your mortgage. So, by putting your money against your home loan rather than in the bank, you will save more than you would earn in bank interest.
Would you be better off investing that money? With home loan rates so low, you possibly would. But the thing to realise is that you would be risking the money it wouldnt be safe like in a bank account or alongside a loan.
And that is the final piece of this puzzle:…
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