Saving Money

Independent and trusted reviews and comparisons of savings accounts and financial software and guides to budgeting and saving money.

House keys

First home saver accounts

A new government scheme provides incentives for new home buyers, but watch for traps.

3 Aug 2009 | To provide incentives for people to save for their first home, the federal government launched the first home saver account (FHSA) scheme.

Credit card

Cheque, savings or credit?

When paying with a debit card, you're given a choice of cheque, savings or credit. What should you choose?

9 Jul 2009 | Many financial institutions now offer debit cards that can be used for transactions through the MasterCard, Visa and EFTPOS systems.

Couple budgeting

Consumer spending survey

How has the global financial crisis affected CHOICE members?

24 Jun 2009 | It’s been a traumatic time for financial markets and the wider economy, with the world experiencing its deepest and most synchronised recession in 70 years.

Hand and calculator

How to build a budget

It's time to work out your budget.

20 Apr 2009 | Most people are getting income from one source — a salary. However, with increasingly complicated employment and the odd savvy person making money from investments, it might not be that simple.

Note book

Term deposits guide

You need to consider lengths as well as rates when it comes to choosing a term deposit.

9 Jul 2008 | If you’re prepared to lose access to your money for a period from three months to two years, term deposits are a pretty good option.

Family looking at invoices

Switch financial providers and save

Worried you're paying too much on banking, credit cards or insurance?

15 Feb 2008 | For most of us, minimising the cost of 'staple' financial services like bank accounts and insurance is important. Here's how to save.

Money

High interest savings accounts guide

Traditional and internet savings accounts compared.

15 Jan 2008 | If you've got money parked in an everyday transaction account paying next to nothing interest, you could be earning much more by switching to an account with a better rate.

Close up of credit card

Ins and outs of direct debits

More and more merchants offer incentives if you pay via direct debit. We tell you how to avoid the pitfalls.

17 Apr 2007 | A direct debit is a transfer of control to a third party so it's important to read the agreement carefully before you sign it.

Australian money

Find your lost savings and super

Find your unclaimed super, lost bank account or insurance policy - for free.

30 Jan 2007 | An estimated one-in-three working Australians have lost contact with their super accounts. If you changed your job, address or name recently and forgot to tell the fund, you could be one of them.

Picking-right-bank-account

How to pick the right bank account

Get yourself the right bank account and save hundreds of dollars a year.

4 Jan 2006 | When shopping for a bank account it’s difficult to know whether to go for one with up-front fees or take the risk that you won’t exceed your rebate or free transaction limit.

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Polls

 
 

Have you switched banks to get a better deal?

  
36%
 
No
  
23%
 
No, but I plan to
  
39%
 
Yes
  • 744 votes