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Michelle's Money BlogMichelle's Money Blog uncovers the traps and treasures out there in the personal finance sector. How do you know when to switch home loans? Are you paying too many fees? Michelle from RateCity unravels financial jargon and shows you how to make a real difference to your savings – and spending.
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Money blog
Turn your bank's higher rates into savings
16/03/2010 1:26:00 PM,
Michelle Hutchison
How much extra do you think it's going to cost you in higher interest rates this year? An extra $300? What about $500? Well, we did the sums for you and found that the figure looks a lot grimmer.
Protect your family from your home loan
8/03/2010 1:15:00 PM,
Michelle Hutchison
I recently came across some research by the Australian Bureau of Statistics (ABS) which found that we are borrowing more for our home loans. In fact, the national average mortgage debt increased almost $10,000 in December 2009, to $283,000.
How safe are our banks?
1/03/2010 5:28:00 PM,
Michelle Hutchinson
A colleague of mine, who is on the lookout for an inner-city investment property, recently asked me about the end of the federal government's bank guarantee scheme. She was very concerned about the news she read in the papers about the government taking away the guarantee from lenders.
Are women really bad savers?
19/02/2010 4:44:00 PM,
After coming across a recent ANZ media release regarding FebuSave month (its February marketing campaign targeting women to open a savings account), I wanted to find out if women were really that bad at saving.
Are 'hot spots' really that hot?
11/02/2010 3:16:00 PM,
Michelle Hutchison
When reports come out on property "hot spots" I'm sometimes sceptical as to why these areas are so much cheaper than other towns in the country.
Why you should never take 'no' for an answer!
1/02/2010 12:24:00 PM,
Michelle Hutchinson
Unlike many of us, I had a very stressful holiday break. While all of my friends and family were kicking back and enjoying the festive season, my husband and I were riddled with anxiety after being fortunate enough to have signed our lives away, buying a house on Christmas Eve!
Taking the punch out of car insurance
11/01/2010 4:29:00 PM,
My car insurance and registration arrives in my letterbox at the worst time every year. I'm sure I'm not alone when I tell you that these substantial bills were all due on December 22!
Dodge grocery bills with your savings
4/01/2010 2:35:00 PM,
Michelle Hutchison
There has been a lot of talk recently about our overpriced supermarket goods, following a report by the Organisation for Economic Co-operation and Development (OECD), which found that our food costs are increasing more quickly than any other developed country.
The gift that keeps on giving
14/12/2009 1:58:00 PM,
Michelle Hutchison
When I attempted to start my Christmas shopping this year, I braved the shops only to find the usual craziness evident in people when they are forced to spend money on others under a tight deadline when everyone else is doing the same thing.
It's time to go shopping for credit cards!
23/11/2009 11:06:00 AM,
Michelle Hutchison
If you're like me and have a credit card that gets used more and more every month (though I do pay off the whole balance each month to avoid interest), then you might want to consider shopping around for a new credit card before doing your Christmas shopping this year.