ADVERTISEMENT
  • Contact
  • Media Gallery
  • About
Saturday, May 28, 2022
SAVINGS ROOM
  • FOOD
    • All
    • Groceries
    • Inspiration
    • Lunches & Leftovers
    • Meal Planning
    30 fast meal prep ideas

    30 fast meal prep ideas

    Grow an amazing garden

    Grow an amazing garden

    Craftspiration – Colourful kits

    Craftspiration – Colourful kits

    Laundry lick of love

    Laundry lick of love

    Indulgent dream life wall

    Indulgent dream life wall

    Swoon-worthy modern living rooms

    Swoon-worthy modern living rooms

    Smoothie Bowl Inspiration

    Smoothie Bowl Inspiration

    Nifty tricks for saving big on meat

    The Smart Cookbook Changing Lives

    The Smart Cookbook Changing Lives

    Ways to save money fast around the house today

    Ways to save money fast around the house today

    Sugar Free Kids Lunches

    Healthy Kids Lunches

    Trending Tags

    • HOME LIFE
      • All
      • Baby
      • Home Organisation & Storage
      • Housework & Cleaning
      • Kids & Parenting
      • Kids Tips
      • LIFESTYLE
      • Love & Relationships
      • Media
      • Organise & Declutter
      • Outdoor Spaces
      • Real Estate
      • Recycling Tips
      • Renovation Tips
      • Room Makeovers
      • Utilities
      • Working from home
      Shoot and Edit Amazing Home Videos This Winter Season

      Shoot and Edit Amazing Home Videos This Winter Season

      Travelling to the US? Hot tips on finding the best car insurance

      Fast home organisation tips for the kitchen

      Fast home organisation tips for the kitchen

      Working from home with kids

      Working from home with kids

      Grow an amazing garden

      Grow an amazing garden

      Laundry lick of love

      Laundry lick of love

      Swoon-worthy modern living rooms

      Swoon-worthy modern living rooms

      Your Dream Kitchen Including Appliances for Under $5k

      Your Dream Kitchen Including Appliances for Under $5k

      Home Page New

      The Secret To Totally Transforming A Shed In A Weekend & How We Did It For Under $250

      Going Green: Save Big Around The Home

      Going Green: Save Big Around The Home

      Here’s a smart solution! Rent camera gear for amazing shots & savings. Wow your Insta-audience too.

      Here’s a smart solution! Rent camera gear for amazing shots & savings. Wow your Insta-audience too.

      Turbo-charge your property value and home sale for under $1k with these fast hacks

      Turbo-charge your property value and home sale for under $1k with these fast hacks

      Trending Tags

      • MONEY
        • All
        • Bills & Budgeting
        • Business & Finance
        • Credit & Debt
        • Insurance
        • Investment
        • Make Money
        • Mortgages & Loans
        • Save Money
        • Super, Tax & Retirement

        14 ways to save money in Australia

        10 tips to save money on electricity in Australia

        10 tips to save money on electricity in Australia

        Maximise your food budget by cooking in bulk

        Maximise your food budget by cooking in bulk

        10 save money quotes: Successful strategies to finally stop spending

        10 save money quotes: Successful strategies to finally stop spending

        11 ways to make money in Australia: How to get ahead

        11 ways to make money in Australia: How to get ahead

        15 great quotes on how to save money

        15 great quotes on how to save money

        Cut your food budget and shop smarter

        Cut your food budget and shop smarter

        22 clever grocery hacks to save money and time

        22 clever grocery hacks to save money and time

        Ways to be frugal while living down under

        Ways to be frugal while living down under

        14 epic money-saving hacks for 2021

        14 epic money-saving hacks for 2021

        11 money-saving tips – get out of debt and save more

        11 money-saving tips – get out of debt and save more

        10 ways to save money on a tight budget

        10 ways to save money on a tight budget

        Trending Tags

        • LIFESTYLE
          • All
          • Car Tips
          • Christmas
          • Entertainment
          • Hacks
          • Holiday
          • Leisure & Recreation
          • Shopping
          • Technology
          • Things to Do
          • Videos
          Shoot and Edit Amazing Home Videos This Winter Season

          Shoot and Edit Amazing Home Videos This Winter Season

          Travelling to the US? Hot tips on finding the best car insurance

          Going Green: Save Big Around The Home

          Going Green: Save Big Around The Home

          Here’s a smart solution! Rent camera gear for amazing shots & savings. Wow your Insta-audience too.

          Here’s a smart solution! Rent camera gear for amazing shots & savings. Wow your Insta-audience too.

          Home Page New

          T’is The Season To Be Thrifty In July

          6 tricks for slashing your next car loan

          Home Page New

          Living The Good Life Without The Guilt

          Home Page New

          Turning Food Waste Into Savings On Steroids

          Home Page New

          OMG! How to have the best African holiday ever!

          The Ultimate Guide To Colour Coding Your Family Fast

          The Ultimate Guide To Colour Coding Your Family Fast

          The Sydney Travel Checklist You Shouldn’t Leave Home Without

          The Sydney Travel Checklist You Shouldn’t Leave Home Without

          Most Commonly Overlooked Boating Expenses

          Most Commonly Overlooked Boating Expenses

          Trending Tags

          • YOU
            • All
            • Beauty
            • Body
            • Feel Good
            • Mind
            • Spirit
            • Style
            Home Page New

            Aussie Mums Guilty & Swamped With Housework

            Home Page New

            Living The Good Life Without The Guilt

            Most Commonly Overlooked Boating Expenses

            Most Commonly Overlooked Boating Expenses

            How To Be the Queen Of Tropicana

            How To Be the Queen Of Tropicana

            Don’t quit your day job until you read this

            Don’t quit your day job until you read this

            Run errands smarter to save big

            Run errands smarter to save big

            Sleep more and eat well to get richer

            How to buy your own dream island

            This attitude hack makes people rich

            How To Make The Most Of Your Study Session

            When The Pain Just Won’t Go Away

            Jewellery hacks: Fast tips on how to wear necklaces

            Trending Tags

            No Result
            View All Result
            • FOOD
              • All
              • Groceries
              • Inspiration
              • Lunches & Leftovers
              • Meal Planning
              30 fast meal prep ideas

              30 fast meal prep ideas

              Grow an amazing garden

              Grow an amazing garden

              Craftspiration – Colourful kits

              Craftspiration – Colourful kits

              Laundry lick of love

              Laundry lick of love

              Indulgent dream life wall

              Indulgent dream life wall

              Swoon-worthy modern living rooms

              Swoon-worthy modern living rooms

              Smoothie Bowl Inspiration

              Smoothie Bowl Inspiration

              Nifty tricks for saving big on meat

              The Smart Cookbook Changing Lives

              The Smart Cookbook Changing Lives

              Ways to save money fast around the house today

              Ways to save money fast around the house today

              Sugar Free Kids Lunches

              Healthy Kids Lunches

              Trending Tags

              • HOME LIFE
                • All
                • Baby
                • Home Organisation & Storage
                • Housework & Cleaning
                • Kids & Parenting
                • Kids Tips
                • LIFESTYLE
                • Love & Relationships
                • Media
                • Organise & Declutter
                • Outdoor Spaces
                • Real Estate
                • Recycling Tips
                • Renovation Tips
                • Room Makeovers
                • Utilities
                • Working from home
                Shoot and Edit Amazing Home Videos This Winter Season

                Shoot and Edit Amazing Home Videos This Winter Season

                Travelling to the US? Hot tips on finding the best car insurance

                Fast home organisation tips for the kitchen

                Fast home organisation tips for the kitchen

                Working from home with kids

                Working from home with kids

                Grow an amazing garden

                Grow an amazing garden

                Laundry lick of love

                Laundry lick of love

                Swoon-worthy modern living rooms

                Swoon-worthy modern living rooms

                Your Dream Kitchen Including Appliances for Under $5k

                Your Dream Kitchen Including Appliances for Under $5k

                Home Page New

                The Secret To Totally Transforming A Shed In A Weekend & How We Did It For Under $250

                Going Green: Save Big Around The Home

                Going Green: Save Big Around The Home

                Here’s a smart solution! Rent camera gear for amazing shots & savings. Wow your Insta-audience too.

                Here’s a smart solution! Rent camera gear for amazing shots & savings. Wow your Insta-audience too.

                Turbo-charge your property value and home sale for under $1k with these fast hacks

                Turbo-charge your property value and home sale for under $1k with these fast hacks

                Trending Tags

                • MONEY
                  • All
                  • Bills & Budgeting
                  • Business & Finance
                  • Credit & Debt
                  • Insurance
                  • Investment
                  • Make Money
                  • Mortgages & Loans
                  • Save Money
                  • Super, Tax & Retirement

                  14 ways to save money in Australia

                  10 tips to save money on electricity in Australia

                  10 tips to save money on electricity in Australia

                  Maximise your food budget by cooking in bulk

                  Maximise your food budget by cooking in bulk

                  10 save money quotes: Successful strategies to finally stop spending

                  10 save money quotes: Successful strategies to finally stop spending

                  11 ways to make money in Australia: How to get ahead

                  11 ways to make money in Australia: How to get ahead

                  15 great quotes on how to save money

                  15 great quotes on how to save money

                  Cut your food budget and shop smarter

                  Cut your food budget and shop smarter

                  22 clever grocery hacks to save money and time

                  22 clever grocery hacks to save money and time

                  Ways to be frugal while living down under

                  Ways to be frugal while living down under

                  14 epic money-saving hacks for 2021

                  14 epic money-saving hacks for 2021

                  11 money-saving tips – get out of debt and save more

                  11 money-saving tips – get out of debt and save more

                  10 ways to save money on a tight budget

                  10 ways to save money on a tight budget

                  Trending Tags

                  • LIFESTYLE
                    • All
                    • Car Tips
                    • Christmas
                    • Entertainment
                    • Hacks
                    • Holiday
                    • Leisure & Recreation
                    • Shopping
                    • Technology
                    • Things to Do
                    • Videos
                    Shoot and Edit Amazing Home Videos This Winter Season

                    Shoot and Edit Amazing Home Videos This Winter Season

                    Travelling to the US? Hot tips on finding the best car insurance

                    Going Green: Save Big Around The Home

                    Going Green: Save Big Around The Home

                    Here’s a smart solution! Rent camera gear for amazing shots & savings. Wow your Insta-audience too.

                    Here’s a smart solution! Rent camera gear for amazing shots & savings. Wow your Insta-audience too.

                    Home Page New

                    T’is The Season To Be Thrifty In July

                    6 tricks for slashing your next car loan

                    Home Page New

                    Living The Good Life Without The Guilt

                    Home Page New

                    Turning Food Waste Into Savings On Steroids

                    Home Page New

                    OMG! How to have the best African holiday ever!

                    The Ultimate Guide To Colour Coding Your Family Fast

                    The Ultimate Guide To Colour Coding Your Family Fast

                    The Sydney Travel Checklist You Shouldn’t Leave Home Without

                    The Sydney Travel Checklist You Shouldn’t Leave Home Without

                    Most Commonly Overlooked Boating Expenses

                    Most Commonly Overlooked Boating Expenses

                    Trending Tags

                    • YOU
                      • All
                      • Beauty
                      • Body
                      • Feel Good
                      • Mind
                      • Spirit
                      • Style
                      Home Page New

                      Aussie Mums Guilty & Swamped With Housework

                      Home Page New

                      Living The Good Life Without The Guilt

                      Most Commonly Overlooked Boating Expenses

                      Most Commonly Overlooked Boating Expenses

                      How To Be the Queen Of Tropicana

                      How To Be the Queen Of Tropicana

                      Don’t quit your day job until you read this

                      Don’t quit your day job until you read this

                      Run errands smarter to save big

                      Run errands smarter to save big

                      Sleep more and eat well to get richer

                      How to buy your own dream island

                      This attitude hack makes people rich

                      How To Make The Most Of Your Study Session

                      When The Pain Just Won’t Go Away

                      Jewellery hacks: Fast tips on how to wear necklaces

                      Trending Tags

                      No Result
                      View All Result
                      Savings Room
                      No Result
                      View All Result

                      Fabulous refinancing! Switch your car loan & save…

                      Penina Petersen by Penina Petersen
                      April 19, 2018
                      in Car Tips, Mortgages & Loans
                      0
                      How to rev up your finances in a flash

                      jarmoluk / Pixabay

                      Every quarter I do a big cull of our family’s expenses and we find large chunks of money in terms of weekly savings. There are many parts of the budget that every consumer should consider slashing and these are usually the top five on my list:

                      1. Interest bearing loans
                      2. Credit cards
                      3. Groceries
                      4. Utility Bills
                      5. Insurances

                      Save $400 each week without working

                      Check out my video: Ways to save $400 a week without working to see the power of culling expenses regularly.

                      Vital! Reduce high interest on loans by refinancing

                      The loans in your life bearing high interest, along with credit cards, should be high on your list when cutting expenses. This includes mortgages and car loans, which can be a huge expense over the course of many years, if you don’t get the interest rate right.

                      Saving affirmations – good to know

                      Here are two of my golden saving affirmations

                      1. Maximise every dollar that comes through your door
                      2. Don’t let companies take your money without you noticing

                      Listen to this audio – Would you cut up cash with scissors?

                      Make this a priority: Refinance your car loan

                      In light of this – refinancing your car loan should be on the top of your list. Interest rates on car loans can be extremely high and the company you originally financed the car through, which was likely attached to the car dealer you purchased through, is probably not the best and most cost-effective option for the financing of your car over the entire course of your loan term.

                      Check and compare your car loan online

                      It is vital that you do a check and comparison on your car loan to maximise those dollars coming through your door and to make sure that you are not paying too much weekly, fortnightly or monthly for the course of three or five years. These costs add up and fast and can easily cost you your next holiday away or perhaps that new bathroom renovation you’d like to do.

                      Also consider the insurance set up by your original lender. I discovered that the insurance on my hubby’s car was very high in comparison to an insurer I would have picked myself. So definitely look at insurance options also.

                      Companies such as First Rate Car Loans can do the hard work for you and fast. They will greatly reduce the premiums you are currently paying and can assist with the following:

                      • Source you a better and more affordable finance option
                      • Tailor the finance solution to meet your specific needs
                      • Reduce the interest rate on your car loan by finding a better rate
                      • Save you thousands of dollars over the course of your loan
                      • Help reduce repayments to a level you can afford each month
                      • Help you assess whether you still need the gap cover or loan protection you may have originally purchased with your current finance company
                      • Assess if current changes in the market can reduce a current out-of-date loan
                      • Help you switch from a lease arrangement to a normal car loan
                      • Help you refinance balloon payments to prevent you having to payout large sums of money or selling your car altogether.

                      It is the daily business of companies like this to make it easy for you to make the switch. As a result it is a lot easier than it used to be to switch loans. Often a 24-hour turnaround is also available.

                      Constantly keep overheads in check

                      I highly recommend taking a quarterly look at all your current expenses and working down my list of five above to greatly reduce your family’s overheads and debt.

                      Do you have a great idea on how to shave down expenses? Which expenses would you attack first in such an exercise? Leave your ideas in comments below.

                      Tags: autocarcar loanrefinancing
                      Previous Post

                      6 tips for buying a used car

                      Next Post

                      Save big on energy with solar panels

                      Penina Petersen

                      Penina Petersen

                      Published Author, blogger, mumpreneur and eco-warrier.

                      Next Post
                      Save big on energy with solar panels

                      Save big on energy with solar panels

                      Welcome to the Savings Room

                      Categories

                      • Baby (9)
                      • Beauty (10)
                      • Bills & Budgeting (37)
                      • Body (20)
                      • Business & Finance (10)
                      • Car Tips (47)
                      • Christmas (93)
                      • Credit & Debt (10)
                      • Entertainment (12)
                      • Featured (23)
                      • Feel Good (2)
                      • Groceries (36)
                      • Hacks (58)
                      • Holiday (38)
                      • HOME LIFE (4)
                      • Home Organisation & Storage (25)
                      • Housework & Cleaning (36)
                      • Inspiration (14)
                      • Insurance (15)
                      • Investment (27)
                      • Kids & Parenting (1)
                      • Kids Tips (11)
                      • Latest (242)
                      • Leisure & Recreation (17)
                      • LIFESTYLE (62)
                      • Love & Relationships (11)
                      • Lunches & Leftovers (8)
                      • Make Money (20)
                      • Meal Planning (8)
                      • Media (16)
                      • Mind (14)
                      • MONEY (69)
                      • Mortgages & Loans (25)
                      • Organise & Declutter (9)
                      • Outdoor Spaces (14)
                      • Real Estate (15)
                      • Recycling Tips (4)
                      • Renovation Tips (27)
                      • Room Makeovers (13)
                      • Rooms in the Home (22)
                      • Save Money (61)
                      • Shopping (15)
                      • Spirit (1)
                      • Style (7)
                      • Super, Tax & Retirement (6)
                      • Technology (7)
                      • Things to Do (16)
                      • Trending (250)
                      • Uncategorized (29)
                      • Utilities (24)
                      • Videos (3)
                      • Working from home (1)
                      • YOU (3)
                      Instagram Facebook Instagram Twitter Pinterest LinkedIn

                      Navigate

                      • Holiday

                      Recent Posts

                      Shoot and Edit Amazing Home Videos This Winter Season

                      Shoot and Edit Amazing Home Videos This Winter Season

                      Proven Money-Saving Tips for Families on a Budget

                      Exclusive Tips on How to Save Money on Groceries

                      Browse by Category

                      © 2021 Penina Petersen Save Time, Money, Sanity & the World Savings Room.

                      No Result
                      View All Result
                      • About
                      • Contact

                      © 2021 Penina Petersen Save Time, Money, Sanity & the World Savings Room.