Archive for the ‘Saving Money’ Category

Spending a Penny at Work

Tuesday, May 28th, 2013

Stocks and Stopwatch

Aussies are putting a new spin on the old British expression “spend a penny” after it was revealed that a former award-winning employer has been financially penalising its staff for taking comfort breaks.

Aegis Australia, which won a best-employer award in 2011, deducted the pay of a number of its employees at its Werribee call centre for using the toilet.

The centre’s strict electronic system triggers alerts when staff members are away from their desks for longer than 90 seconds, requiring them to explain their absence.

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Postpone Your Holiday and Save Some Cash

Friday, December 7th, 2012

You have probably noticed the signs going up all over the place. You know the ones; they advertise the big holiday and year-end sales.

Retail stores and online sellers are putting their holiday marketing engine into full gear trying to get you to spend some money on their “bargain”. You might be tempted to “get it while it’s hot” but if you can actually wait until after the holiday shopping rush is over and get it “while it’s cool” so to speak, you might find that you will end up saving a lot more money in the long run.

There is a misconception that the best deals for shopping happen immediately before the holidays. It’s not untrue that there are some good bargains to be found before the holidays but the best ones happen afterwards, following Christmas, into January with some of the best savings not coming until early March. (more…)

Colonic Irritation: Emoticons Double Text Message Charges

Friday, September 21st, 2012

SmartPhone Text Charges:) :( :) :( Smartphone users could be paying more for their text messages if they use common emoticons that include bullet points.

iPhone and Samsung smartphone users who regularly add a smiling face could end up sporting a frown after it was revealed that some are being charged twice for messages that include colons.

Telstra, Australia’s leading provider of mobile devices and broadband, has admitted that the punctuation caused a coding issue on certain models that reduced the number of characters that a single message could contain.

The terms of service stipulate a set of ‘non-standard characters’, including bullet points, that, when included, incurs greater charges if messages exceed 70 characters in length.

A spokesperson for Telstra said that the problem was caused by the technology used to send messages rather than the handsets. Customers should keep emoticon-laden messages shorter to avoid being charged double.

It is not a handset or a phone company rule but rather the technology used to send messages… Most phones allow customers to see how long their messages are.

Are you a Telstra client with an iPhone or Samsung smartphone? It might be wise to rein in the visuals and save yourself a packet.

First test for mortgage exit fee legislation

Friday, November 4th, 2011

The ban on mortgage exit fees introduced in July have been making their first impact this week, following the 0.25% interest rate cut made by the Reserve Bank.

All major lenders have been compelled to respond in the knowledge that home loan holders are now able to walk away from any home loan deal without incurring financial penalties.

November’s interest rate cut from 4.75% to 4.5%, the first cut in 2 ½ years, has provided the first real pretext for banks to respond amid concerns that, under the new legislation, loan holders could easily defect to banks offering better deals.

Were the full 0.25% cut to be passed on to consumers, the average standard variable mortgage rate would be falling from 7.79% to 7.54%, saving roughly $50 per month on an average mortgage.

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Five tips to keep your car fuel consumption down

Thursday, December 9th, 2010

Fuel Pumps1. Keep your tyres fully inflated and cut down air-conditioning usage

There are a significant number of people that drive their cars with under-inflated tyres. Doing so increases the resistance and therefore increases fuel consumption, therefore saving money. Studies show that fuel bills will go up by around to 2% if your tyres are not inflated to the recommended pressure.

To avoid this, ensure your tyres pressure is kept at the correct level by checking them once a week. You can find out the recommended pressure readings for your tyres in your car manual. (more…)