Use Our Loan Calculator – Then See How much more Room in the Budget you have for these ideas

Our loan calculator for you next boat or car loan is a quick and easy tool to get an estimate on your repayment options, and it might show you a little extra wiggle room in the budget. While we’re a money-conscious bunch here, we know that not everybody might want to put all of that money into a savings account the way we would. But before you spent the spare change on your daily mocha grande, take a look through our top ways to make the most out of your petty cash- you’ll be surprised.

-        Sponsor a Child:
Once you get all the signing up out of the way, this is the most rewarding thing you can do with your money. For only a few dollars a day, you can ensure that a child in need is receiving the education, healthcare, and nutrition they need. This can be a child across the world, through agencies such as World Vision, or it can be a child here in Australia through The Smith Family Foundation, where over 638,000 of our own children are living in families with no source of income. 

-        Join a Gym/ Sports Club
Levels of obesity in Australia are now classed as ‘epidemic’, and is closely related to our increasingly sedentary lifestyle. Many gyms memberships will cost you less a week than your Sunday brunch, and will be ten times more beneficial in the long run. Likewise, finding a sport or hobby you love will keep you active and healthy, and is a great way to meet others in your community.

-        Online Loans
Through international companies, such as Lending Club, you can loan your leftover cash to someone who is looking forward to putting that money to use for their next venture, where you receive principal and interest for you to withdraw or reinvest.

-        Investing Investing
Investing can sound daunting, but with the right advice you can watch your money multiply before your very eyes, although this is not for the faint hearted. Make thoroughly informed decisions to ensure you see the returns, and keep an eye out for a scam.

-        Donating
Warms your heart, doesn’t it? Many of us live in comfort, with food in the pantry and fuel in the car, and a warm dry bed to nestle in to every night. However, Australia still has a serious problem with homelessness, animal cruelty, wildlife conservation and disease research- a lot of which relies heavily on your goodwill. Whether you feel strongly about the whales, your community, the forests, or the reef, there are many hugely deserving societies and groups who you could be making a difference to.

-        Shop Local Produce
The supermarkets are usually the easiest and cheapest place to purchase your goods, but with some conscious forethought you could be affecting the lives within your community by shopping locally. This may cost a little extra, whether you have to go further out of your way or pay a few extra cents for carrots, but the money goes directly towards the people growing and selling the produce, instead of getting caught up in the middle man of supermarket management.

There are so many meaningful ways to put your money to use- but make sure you use our loan repayment calculator first, before you start joining gyms and sponsoring children. The calculator will show you the kind of repayments you may be able to expect, but a quick chat to our lenders and a speedy application process will give you an exact idea of what to look forward to. Here at Allcredit, our team of experts will find the right loan for your needs and budget, with a competitive industry rate to rival any other lender