Australians are divorcing later in life more than ever before, with many struggling to get back on their feet financially after a split. It’s not just Bill and Melinda Gates. Grey divorce rates are soaring, with the ABS recording big jumps in the number of men and women divorcing aged 50 and above. Apart from… Read more »
As property prices rise, don’t forget to negotiate your interest rate on your home loan. For years I’ve been encouraging Aussies with a home loan to ring your bank and negotiate your interest rate. So many wait for the RBA to cut official interest rates to save on their home loan when the reality is… Read more »
Wealthy people know that there’s a difference between having a lot of money and being truly well off. Paul Sullivan, author of The Thin Green Line: The Money Secrets of the Super Wealthy, puts it concisely: wealthy people don’t just have money, they know how to protect and grow their wealth as well. This security… Read more »
We know residential property values have been booming, but it seems we have a two-speed property market. Houses are doing much better than home units. Maybe with all these lockdowns Aussies are chasing more space to cope? Plus the home unit market is affected by an over-supply of stock from new construction and previous Airbnb… Read more »
If you feel like your debts are getting away from you, it’s time to get busy with debt consolidation. Credit card debt can be a tough burden to carry, especially when sky high interest rates continue to compound and grow the interest cost each month. Throw in a mortgage, a car loan and another credit… Read more »
The ATO has a vigilant tax audit program in place. So at tax time it’s critical to assess the risk profile of your investments and know what they’re looking for. With group certificates and financial year end investment statements about to hit, the attention of most investors turns to tax. The aim is not to… Read more »
Afterpay Money is launching in October, but how does it stack up compared to bank offerings already in the market? While Afterpay shares have been a stellar performer in the past, they are stagnating at the moment because of increased competition from the likes of PayPal and CommBank. There’s also criticism that it is a… Read more »
PayPal has a new Buy Now, Pay Later product called Pay in 4. Here’s the lowdown on what they’re offering and how it compares to what’s currently out there. Buy Now, Pay Later (BNPL) is hot… with both shoppers and investors. Shoppers love the convenience and investors have loved the booming share prices of companies… Read more »
Financial family planning is perhaps the less ‘sexy’ side of starting a family, but it’s really critical if you want to raise a happy one. Your life changes in a big way when you have kids. Sleep becomes a luxury, diapers a daily ritual and seeing your children grow each day gives you more joy… Read more »
It is one of the age-old questions asked by property buyers. In a particular area, is it cheaper to rent or buy? Property analysts CoreLogic has come up with the answer. Servicing a mortgage is now cheaper than paying rent on 36.3 per cent of Australian properties. Which means for 64 per cent of properties… Read more »
