Author: admin

Surprising things that does not affect your credit score

19 July, 2014

There are a lot of myths when it comes to the credit score. People want to make a better score and are ready to alter all the things which affect it negatively. There are a lot of misconceptions, when it comes to the elements, which actually create a difference in the credit score. Following are the few factors which are considered to influence your credit score.

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How to save money on health insurance?

16 July, 2014

No matter what type of insurance you have, you are paying the premium out of your pocket. It is the money which could be saved for your retirement, spent on vacation or locked in an investment. A considerable reduction in the premium would help to save you a lot of money than you can imagine.

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12 July, 2014

There is no doubt that for most of the elderly people, life certainly is a curse. According to sources, almost 65% of the elderly population above the age of 60 has no other way but to depend on a job for sustaining themselves. Even though they may have put in more than 35 to 40 years of hard work in their active years, when it is needed most, money and security eludes them. So, in this article we will try and find out ways and means to plan for retirement through some simple steps.

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How to increase the retirement savings?

9 July, 2014

Most Australians today are worrying about saving a few extra dollars for their retirement. You need to have a strategy on how much to save and how to save. This strategy would help you to start with the plan and continue with it, effectively.

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How to reduce tax in your retirement?

5 July, 2014

When it comes to the worth of the retirement fund, it all depends upon the tax. You will be left with the fund after the tax for spending. Thus, the amount of money which would go as tax is very essential. According to statistics, most of the people underestimate the power of the taxes. Retirement does not give the leverage of not paying taxes.

Most of the retirees think that the mortgage, leisure and health care are the top most expenses in the retirement fund. However, what they do not realize is that the taxes stand at the top in the expenses. 23% of the retirees do not even consider the taxes in the calculation.

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How to survive the debt?

2 July, 2014

Though the economy is a big downturn, people have not stopped borrowing money. This means that most of us are in a debt that we cannot repay. On an average, each Australian household is in a debt of a little more than six thousand dollars as of April, 2014. As per statistics, 277 individuals are declaring insolvency, every day. That means, one person is becoming bankrupted, every five minutes and 12 seconds. Here are a few tips to make sure that you are not in that list.

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Tips for early retirment savers

28 June, 2014

It is always better to start saving for your retirement from your first job. It is easier when you start early in life. Here are a few tips for the people in their 20’s who have started to think about their last 30 years of life.

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What are the tax deductions for people who work from home?

25 June, 2014

Just like the other businesses, you can also avail tax deductions for your work from home job. Basically, you can avail all the deductions that an SME can avail. The tax deductions can be classified into two major categories.

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Traditional Company Retirement Plans Are Still Strong

21 June, 2014

As more and more, older people start worrying about their retirement plans, the year 2013 had something very surprising to show. It has been found that the traditional retirement plans still continue to be very much in demand.

After the crisis of 2008, the performance of traditional retirement plans has been phenomenal and that’s the reason that they are still not done away with. However, while this is good news, the big corporate houses may take a cue from them and stop offering them altogether.

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What to do with your tax refund?

18 June, 2014

Are you waiting for your refund? On an average, an Australian would get 3000 dollars as tax refund. What are you planning to do with the tax refund? It is always better to use it to pay off any debts or put aside for any emergency uses.

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