An offset account is generally a transaction account whose balance reduces the loan balance. For example, if a home loan balance is currently at a balance of $300,000 and you have an offset bank account which contains a balance of $20,000 then the bank when calculating the interest charge will do so based on a… Continue reading Does An Offset Account Reduce Monthly Repayments?
Category: Money Hacks
11 Ways Quickbooks Online Enhances Your Personal Finances
If you are an eager budget beaver like me then you’ll come at a point in your budgeting life where you will soon discover that the free or paid versions of organising your money just doesn’t quite cut the mustard. I have used many free and paid version apps that try to help me keep… Continue reading 11 Ways Quickbooks Online Enhances Your Personal Finances
What Is A Reverse Budget?
What is a reverse budget and will it help me with forecasting and getting on top of my cashflow easier?
