There are a million and one excuses for not saving and every single one of them is bogus. You *can* save every month and here’s how. By Daniella Doughan Can’t save money this month? I’m calling bullshit. Saving is a habit you need to get into right now. Even though you might have to ditch other… Read more »
What exactly is mortgage stress, and how can you overcome it without losing your home? With the Reserve Bank of Australia (RBA) signalling that interest rates are anticipated to rise in 2024, many banks and home loan providers have started to shift their own fixed rates. Many of these changes have seen these financial institutions… Read more »
New research from CommBank has revealed that a quarter of Aussies have considered buying into a property share. When asked what was driving the property share trend, over two-thirds said affordability was the main reason. This followed by buying a bigger/better property and spreading the financial risk if anything went wrong. Property share makes sense… Read more »
Avoid the sting of credit cards at Christmas with these tips for staying on track. Tip #1: get the lowest-possible rate card you can. It happens every Christmas. We go on a Christmas shopping splurge and feel great… until the credit card bill arrives in January. Outstanding balances can provide a horrible financial sting. New… Read more »
Whether you’re schmoozing a salesperson on the showroom floor, or haggling a private seller for an old runabout, buying a car is an exciting time. But it can also be a financial minefield, and if you’re not careful it’s easy to end up hundreds – or even thousands – of dollars out of pocket. No… Read more »
What is the 4 per cent rule, how does it work and is it reliable? The 4 per cent rule is a rule of thumb that helps investors easily calculate how much they need to save in order to ‘live off the earnings for the rest of their life’. Without this guideline, it would be… Read more »
Tougher lending restrictions are being introduced for mortgages from December. Here’s what that means for new borrowers. With most banks and home loan providers already operating under the new Credit Contracts and Consumer Finance Act (CCCFA), the process around applying for home loans is changing. The level of evidence required for a home loan is… Read more »
Many people become a property investor to open a new investment stream, but it can be a full time job. Owning property requires work and time and there can be a lot of responsibilities, rules and costs. So why should you invest in property if it presents such headaches? Well, the answer is simple. The… Read more »
Astute investors watch for warning signs that indicate when share prices are heading for a drop. No matter which company you’re investing in, there’s always an element of risk. Anyone who tells you otherwise has found a crystal ball or is telling porkies. If a company suddenly downgrades their profit forecast or a big contract… Read more »
If you’re anything like me, buying groceries is one of your biggest budget blowout areas. If we save on groceries, we’ll free up plenty of cash. I belong to quite a few budgeting Facebook groups (‘course I do) and I’m always amazed when someone pipes up that they spend something like $112 to feed a… Read more »
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