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Turning $5,000 into $1,000,000

Financial adviser Sam Fimis uses some everyday analogies to help you save, save, save

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Get a loan

First-time mortgage borrowers are tiring of being told these are the cheapest interest rates they’ll ever see.

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ATMs beat eftpos for cash-out

Debit card and BPay transactions are the areas of fastest growth in retail payments

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Term deposit premium rates falling

The banks are tightening the squeeze on depositors as they adjust to sluggish lending by reducing the premium above wholesale money market rates.

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Avoiding undue taxes

To finalise the electronic property tax database (‘periousiologio’), the Greek Ministry of Economics is giving tax payers a second chance to amend the property tax statements

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Smartphone bill shock

The term ‘bill shock’ was coined to describe the reaction that follows an unexpectedly high mobile phone bill, often due to stiff roaming charges or over-use of data applications

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Insurance

One of the most unpopular topics in personal finance is the insurance known as ‘life products’, writes Mark Bouris about insurance in this week’s column

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‘Inexpensive’ exotic cars

The European financial crisis has created a flood of second-hand exotic-cars reaching our shores.

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High cost of motoring

Australians are dishing out more than $3800 a year per vehicle to keep their cars on the road

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Affordability

Housing affordability for first home buyers loomed large in the news largely because properties in Sydney and Melbourne are selling for more than many first timers can afford

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