Save money with a financial health check

If 2017 is a year of saving for you then doing a health check on your expenditure is a must. A good place to start is by examining what your current financial and services providers are charging and offering you. By doing this you’ll be able to set a clear picture of your current situation – a must when it comes to comparing other services and products in the market.

With so many areas to find savings, we’ve put together an initial list of financial and service products you may like to consider in your financial health check.

  1. Credit card fees and interest
  2. Personal loan fees and interest
  3. Home loan fees and interest
  4. Car loan fees and interest
  5. Car insurance
  6. House insurance
  7. Health insurance
  8. Other insurance (such as life)
  9. Phone connection and plans
  10. Internet connection and plans
  11. Entertainment subscriptions such as Netflix or Spotify
  12. Electricity plans

Once you have thoroughly examined these areas and made changes where you see fit, you can then look at other areas in your household expenditure to save money. After a bit of inspiration? We teamed up with the University of Technology Sydney to find out how much Australians are saving by switching things like their home loan, grocery supplier and phone plans. The opportunity for saving might surprise you!   

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* Based on a $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

The information provided is intended as general information only. Blogs have been prepared without taking into account your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness having regard to your objectives, financial situation or needs. You should consider obtaining personal investment, taxation and/or legal advice before making any decision.  Please consider the Guide to Heritage Deposit Products and Guide to Heritage Credit Card Products (available in-branch, or at before you decide whether a product is right for you. All loans and credit cards are subject to application and approval. Conditions, criteria and fees apply and are subject to change without notice.