You probably pay your mobile phone bill, car repayment and credit card bill once every month, so it makes sense to make your Adelaide Bank home loan repayment monthly too, right? Think again. By making the switch from monthly to fortnightly repayments, you could save thousands of dollars and years from your home loan term.

Many Adelaide Bank customers, and home owners who have home loans through other lenders, opt for the convenience of making monthly repayments without giving much thought to it, as most people get paid on a monthly basis. So heres something to think about.

Have you ever thought about what $50 will buy you over the course of the month? It isn't likely to cover your petrol, parking or even the cumulative cost of your daily skim milk latte, yet it can make a huge difference to your long term finances.

Did you know that just $50 extra per month towards your ANZ home loan could save you thousands of dollars in interest charges, as well as reduce the term of your home loan by years?

As long as you let ANZ know that the extra is to be used towards paying off the principal of your home loan debt rather than making advance payments on the next month's interest you could chip away at your home loan debt with less effort than you thought possible.

Are you sick of sitting in bumper-to-bumper traffic on your way in to work every morning? Apart from changing jobs, moving offices or chartering a helicopter, there is not a lot that can be done about your daily commute, but there is a simple and effective way you can get your money working for you, instead of working so hard for your money.

When it comes to your home loan, find out how an offset account such as the 100% Offset available from Suncorp could work for you.

Suncorp's offset account works by linking your standard variable rate home loan to your Everyday Options account. With your transaction account, you can choose to have just one Hub account, or up to three Sub-accounts. The balance of all of your Everyday Options Hub and Sub-accounts offsets the interest on your home loan.

Your home may be the biggest purchase you ever make, costing you hundreds of thousands of dollars, plus interest charges. You can make offers on the price of your property, but there's no controlling how much interest you have to pay, right? Think again.

With an offset account, such as the St George Mortgage Equaliser, you can reduce the amount of interest you pay and could potential save thousands of dollars.

So, how does it work? The St George Mortgage Equaliser works by linking your everyday transaction account to your home loan account. Your income can be paid directly into your transaction account as usual, but the balance of your transaction account works to reduce the amount of interest you pay.

Is it time to consider renovating your home? Whether you need to add a new room or simply update your kitchen, taking on a renovation project is a big commitment, but one that can increase the value of your home and therefore help to build your wealth in the long term.

When considering your renovation options, bear in mind there are a number of financing solutions available from various banks and lenders. One solution is a Supplementary Loan from ANZ.

With an ANZ Supplementary Loan, you can use the equity in your home to fund a number of projects, including home renovations. You can borrow up to 95% of the value of your home, with Lenders Mortgage Insurance required if you borrow more than 80% of your property's value.

Wish your home loan would magically disappear? Unfortunately there is no quick-fix, short of a large inheritance or windfall of some kind, but there are some simple steps you can take to make an effort to clear your Wizard home loan debt sooner.

One of the simplest ways you can do this is by switching your Wizard home loan repayments from monthly to fortnightly. This simple change alone can save you thousands of dollars in interest and potentially slash years from the term of your Wizard loan.

How? Making monthly payments will equate to a total of 12 payments over a year. There are 26 fortnights in a year, so 26 fortnightly repayments equates to 13 monthly payments. Just one repayment more per year means you work on paying off the principal of your Wizard home loan sooner, which means you pay less in interest.

Want to make your bank richer? Whether you have a credit card account with Commonwealth Bank (CBA) or any other lender, there are a few simple ways you can help to increase the profits of their million and billion dollar empires. Here's how.

Richer Banks Tip #1 - Always Pay the Minimum Amount
When it comes to your credit card, you can make CBA richer by paying just the minimum amount. This will just cover the interest component of your credit card debt, which will give CBA the opportunity to make more from you in the future.

Life is often a matter of routine. You wake, you eat, you work, you drive, you make your home loan repayments, you sleep. Sometimes, you may like to spice things up a bit by making changes to your routine for example, by take a different route to work, choose something new on the menu or even take a break from your home loan repayments.

Before you get too excited about the prospect of a home loan repayment holiday, arm yourself with the facts in order to evaluate whether this option suits your financial situation.

Imagine what you could buy in David Jones, Myer, Target or Bunnings for $50. Some clothes, home wares or hardware a few bits and pieces and the $50 would easily be spent. Now imagine what you could buy for $7,000.

With Wizard Home Loans Fast Card Membership Rewards, you need to redeem an unbelievable 7,000 reward points in order to receive a $50 gift card for a retail store including the options above. The Membership Rewards system means you earn one point for every dollar you spend on your Wizard Fast Card credit card, so a $50 gift card means you would have to spend $7,000 on credit. Just think of the many other ways you could use $7,000, for example to build your wealth rather than increase your debt.