A wine a day keeps the wrinkles away
If you’re getting in on National Drink Wine day today, then The University of Iowa has some good news for you. Research conducted by the University found moderate drinkers aged better than both non-drinkers and heavier drinkers.
The research, headed by Robert A. Philibet and Meeshanthini Dogan, examined the genetic makeup of 836 people; 656 “European Americans” and 180 “African Americans”. It aimed to use changes in human genomes to identify correlations between indicators of ageing - measured through the pattern of DNA methylation - and lifestyle factors like alcohol consumption and smoking.
Researchers found that “all levels of exposure to smoke were associated with significantly premature aging” and both low and excessive alcohol consumption also led to accelerated aging. On the other hand, moderate alcohol use - around one or two drinks a day - was found to correlate to the healthiest aging pattern.
RELATED: Healthy takeout that won’t blow your budget
Philibert predicted the findings could be useful in structuring future medical programs to be efficient and financially streamlined. “Being able to objectively identify future smokers and heavy alcohol users when they are young, before major health issues arise, can help providers and public health practitioners prevent future problems, improve quality of life, and reduce later medical costs,” he said.
If you enjoy knocking back a healthy glass of wine or two each evening, Mozo has some tips on how to do it without breaking the bank.
Set up a wine budget. Plan a budget so you know what you can afford to spend on wine each week. By having a figure set in your mind, you’ll avoid accidently over-indulging on your visit to the bottle shop.
Buy award winning wine. Whether you prefer a bubbly champagne or a nice rosé, when Mozo calculated the cost of Xmas lunch, we found that Aldi stocks some award winning alternatives to the high end bottles that could save you a bundle.
Buy by the case. What’s better than a bottle of good wine? A case! Like most items, buying in bulk will mean some pretty great savings in the long run.
Price compare. Shop around, because there can be big discrepancies in price, depending on where you buy.
Get online. Keep an eye out for online coupons to use at your favourite store, or check out online stores. Many of them will deliver straight to your door and offer some considerable savings, especially if you’re buying in bulk.
And once you’ve saved yourself a bundle on your favourite wine, don’t forget to find a high interest savings account to stash all that extra cash in!
Savings account comparisons on Mozo - rates updated daily
Bonus Saver Account
Maximum rate
standard interest rate
Govt Deposit Guarantee
1.20% p.a. (for $0 to $250,000)0.10% p.a.(for $0 and over)Yes up to $250,000Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Everyday or Glide transaction accounts.
Winner of a Mozo Experts Choice Award 2021 in the Regular Saver category. No monthly account fees and no minimum balance requirements.
Bonus Saver Account
Winner of a Mozo Experts Choice Award 2021 in the Regular Saver category. No monthly account fees and no minimum balance requirements.
- account fee per month
- $0.00
- Maximum rate conditions
- Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Everyday or Glide transaction accounts.
- Access
- BPay, Phone banking, Internet banking
- Minimum balance
- $0.00
- Other restrictions
- Must link to a transaction account
Read our Mozo Review to learn more about the Bonus Saver Account
Serious Saver
Maximum rate
standard interest rate
Govt Deposit Guarantee
0.30% p.a. (for $0 to $1,000,000)0.15% p.a.(for $0 and over)Yes up to $250,000No withdrawals in the month. Bonus rate for first 4 months, reverting to 0.15% rate after*
$0 monthly account fee. Link to any Australian bank account.
Serious Saver
$0 monthly account fee. Link to any Australian bank account.
- account fee per month
- $0.00
- Maximum rate conditions
- No withdrawals in the month. Bonus rate for first 4 months, reverting to 0.15% rate after*
- Access
- Phone banking, Internet banking
- Minimum balance
- $0.00
- Other restrictions
- -
Read our Mozo Review to learn more about the Serious Saver
Hero Saver
Maximum rate
standard interest rate
Govt Deposit Guarantee
0.80% p.a. (for $0 to $250,001)0.01% p.a.(for $0 to $5,000,000)Yes up to $250,000Minimum deposit of $200 and no withdrawals in the month.
Interest is calculated daily and paid monthly. Automatic payment feature. No minimum opening balance needed.
Hero Saver
Interest is calculated daily and paid monthly. Automatic payment feature. No minimum opening balance needed.
- account fee per month
- $0.00
- Maximum rate conditions
- Minimum deposit of $200 and no withdrawals in the month.
- Access
- Phone banking, Internet banking
- Minimum balance
- $0.00
- Other restrictions
- -
Read our Mozo Review to learn more about the Hero Saver
Online Saver
Maximum rate
standard interest rate
Govt Deposit Guarantee
1.10% p.a. (for $0 to $500,000)0.35% p.a.(for $0 and over)Yes up to $250,000Bonus rate for the first 4 months from account opening
No account keeping fees. No minimum balance required. Unlimited phone and internet transactions.
Online Saver
No account keeping fees. No minimum balance required. Unlimited phone and internet transactions.
- account fee per month
- $0.00
- Maximum rate conditions
- Bonus rate for the first 4 months from account opening
- Access
- Phone banking, Internet banking
- Minimum balance
- $0.00
- Other restrictions
- Must link to a transaction account.
Read our Mozo Review to learn more about the Online Saver
Flexi Saver
Maximum rate
standard interest rate
Govt Deposit Guarantee
0.25% p.a. (for $0 to $5,000,000)0.05% p.a.(for $0 to $5,000,000)Yes up to $250,000Increase balance by at least $300 in the month
No upfront or ongoing fees. Unlimited free transactions. Great for regular contributions.
Flexi Saver
No upfront or ongoing fees. Unlimited free transactions. Great for regular contributions.
- account fee per month
- $0.00
- Maximum rate conditions
- Increase balance by at least $300 in the month (excluding interest)
- Access
- BPay, Branch access, Phone banking, Internet banking
- Minimum balance
- $0.00
- Other restrictions
Read our Mozo Review to learn more about the Flexi Saver
^See information about the Mozo Experts Choice Savings Accounts Awards
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