Don’t Set And Forget Your Finances

Erin Ryley – Manager  

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With household expenses and personal circumstances constantly changing, now is a great time to make sure your money is still working as hard as possible for you.

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A simple financial review can help identify opportunities to improve cash flow, better structure your accounts and potentially help you achieve your goals sooner – whether that’s paying off your home loan faster, building savings or simply feeling more in control financially.

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For example – if you're looking to make your home loan work better for you, here are a few strategies to consider:

• Make extra repayments – adding even a small amount to your regular repayments can reduce interest and loan term.

• Keep money in an offset account – to reduce the interest charged on your loan. Similarly, using a redraw facility allows you to access extra repayments if needed, while still reducing your loan balance in the meantime.

• Review your loan regularly – checking in on your loan, especially as circumstances change, can help ensure it still suits your goals. Finding the right tools, staying consistent and being supported by people who understand your goals can go a long way in making a difference!

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At Community Bank Sarina Bendigo Bank, we’re proud to support local people and focus on what matters most to them. As a profit for purpose organisation, every customer who chooses to bank with us also contributes towards investing in our community.  

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For assistance to review your personal circumstances, come in and see the friendly team at 37 Broad Street, Sarina or call us on 07 4943 2634.

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Erin Ryley, Manager

Any advice provided in this article is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable product disclosure statement(s) on our website bendigobank.com.au before acquiring any product. All loans are subject to the bank’s normal lending criteria. Fees, charges, terms and conditions apply and are subject to change. Credit provided by Bendigo and Adelaide Bank Limited ABN 11 068 049 178 Australian Credit Licence 237879.

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