Sometimes it can seem as though other people were born lucky. Rich parents, inspiring mentors, opportunities handed to them on a platter… it’s hard to believe the average Aussie can compete with this kind of advantage.
It’s the dirty little secret your financial planner is hoping you never discover. They’ll very rarely recommend property as an investment option – and there’s a really big reason why. It seems completely crazy, right?
Auctions: they can be the best way to snap up a property fast, but they also come with their fair share of stress and uncertainty.
Borrowers should be completing a home loan health check more frequently
How much does your bank balance really impact your day-to-day life?
Too many Australians are still struggling with their finances. A recent survey of more than 2,000 people by comparison site Canstar found that one third of respondents weren’t comfortable with their financial position. That’s a lot of people!
An offset account can give you the freedom to “park” your own funds and save in interest whilst keeping the loan itself free of “personal” transactions. helpful if you are claiming a tax deduction on loan interest as most accountants will advise you not to deposit your own funds in and draw them out unless they are used for tax deductible purposes.
Should you time the sale based on the season or when it has become more of a liability than an asset?