Banks calculate interest on a daily balance for loans and deposits, and then capitalise (ie.add it to the balance) monthly. It doesn’t really matter if the do this every 29 days, 30 days or whatever – the difference is likely to be only cents. For a loan, longer periods between capitalising would be better for you since it means less compounding…[Read more]

Dazzling, my input was just to give landlords out there an insight from the renter’s perspective. Tenants may gripe about small things but it affects their enjoyment of the property and how they care for it. It influences whether they stay long term or pack up and move. And just remember that some tenants can be quite vindictive when they feel a…[Read more]

As a renter, you won’t believe how many properties I’ve viewed that don’t have flyscreens. So many landlords want to spend the bare minimum and still charge top dollar. While on the subject, why do so many houses have fences that are falling down or non-existant? Don’t landlords think that tenants might want a secure garden for their pets and…[Read more]