Complete Finance Blog

There are many advantages that we can obtain from insurance, but the lack of knowledge makes us denied all insurance offering that ever offered to us before. To understand insurance policy protection, we need to read as many insurance articles as we can. It can help us to understanding what is insurance and do we really need it to protect our financial in the future. Once more, this is the moment when everybody trying to save more money. Basically, insurance can save us from financial disaster if something bad happen to us, but how to get lowest quotes of insurance in order to not add new debts and problem in our life in the following days.

Now, you can relax because we have TopQuoteOnline. This site will help you to understand the function of insurance for protecting your financial. You can find useful information about Income Protection Insurance here. There are times when we can not works or earn money as a result of disability or illness. Usually in this time, you will lack of cash or get little money from the state, just if you entitled to claim the money.

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A Fundisa account earns you up to 25% government bonus on money you save for a child’s education.

Save money towards a South African child’s tertiary education with this initiative by the Department of Education and The Association for Savings and Investment South Africa.

Educational Savings Account

The South African Government rewards citizens who save for a child’s education. The Fundisa Fund is a savings account, which can only be used for a child’s education at a recognized college or university.

High Yield Saving Account

This high yield saving account is exceptionally high yielding as the government pays a bonus of 25% per year for the first R2400 invested. The bonus is calculated in October and paid into the account in January.

Unit Trust investments

The money is invested in unit trusts, which grow on average by over 8% a year. Add to this the 25% bonus paid by the government, and the return on the investment is over 33%.

Save for Education

It’s never too early to start saving for a child’s tertiary education. Fundisa

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Student credit card habits have been exposed by Equifax. Many students are spending irresponsibly in the recession, research from Equifax has revealed.

According to the credit reports provider, 19% of those in higher education only pay the minimum monthly payments on their credit cards.

Meanwhile, 23% have been caught out by penalty fees from banks for missing payment deadlines or going beyond overdraft limits.

Around three in 10 students also told Equifax that they “don’t know” how much they spend on their credit cards each month.

Neil Munroe, external affairs director for the organisation, said: “We urge students to manage their finances from the first week of term to ensure they minimise the risk of falling into serious debt.”

He added: “[Students] could find themselves struggling if they don’t keep a keen eye on their finances.”

Financial pressures on undergraduates have increased this year, as many have been affected by delays in processing student loan applications.

Last month, the Student Loans Company admitted that as many as 60,000 students might not receive their full loan by the start of the autumn term. Read more…

The gas and electricity watchdog ‘needs to do more’. The gas and electricity watchdog is facing criticism from consumer groups over some of its new strategies.

Campaigners at Consumer Focus and Which? believe that Ofgem needs to do more to help customers, the Times reported.

Ofgem has made efforts recently to improve customer billing systems, introducing new licences aimed at closing the price gap between general tariffs and cheaper online-only tariffs.

An initiative to provide extra information on customer bills is also scheduled to be launched in July 2010.

It is hoped that this measure will allow households to compare gas and electricity prices better, by making it clear how the cost of their current energy usage is calculated.

Meanwhile, increased regulations governing “hard sell” techniques from energy suppliers will come into effect in January.

Speaking to the newspaper, Fiona Cochrane at Which? Read more…