cash

Saving is a slow and patient process

Wednesday, February 13th, 2008

When I was a kid, my daddy started to cultivate me to save. I started off saving with a small piggy bank. I still remember there was once my piggy bank broke and I was crying as I thought that I lost all my money in the piggy bank when ...

RBA lifts interest rates again

Tuesday, February 5th, 2008

The Reserve Bank of Australia (RBA) has raised its official cash rate to 7 percent from 6.75 percent in a move to control the country high inflation rate which were running at about 3.5 per cent. Interest rates are now at the highest level since 1996 after 11 consecutive increase. More ...