Finance and Mortgage Blogs
Do you really need that credit card?
Banks spend a lot of time telling you a credit card will solve all your problems. While there’s no denying they do come in handy, it’s best to consider the risks before you get too deep in plastic. We’ve all been bailed out by the old credit card at least once before....
Finance & the single woman: what you need to know
You may be divorced, recently separated or merrily single. Either way, as a single woman you face particular financial challenges. It’s important to know about them and plan for them. Gone are the days when depending on Mr. Right was the only way to secure a...
Do you shop with Afterpay? Read this
We all experience times in life when we just can’t wait to get our hands on that shiny new item. But as the old saying goes: good things come to those who wait. Afterpay is the largest buy now, pay later scheme in Australia. In fact, Afterpay had more than $1.45...
5 Common Credit Card Traps
Credit card providers love to use all kinds of incentives to get you to put that shiny piece of plastic into your wallet, ripe for usage at your weaker moments. Here’s how to avoid getting snared in credit card debt. Most humans love to spend. It’s a scientific fact....
Do you Airbnb your property? The ATO has you in its sights
Sharing is caring, right? However, when it comes to the sharing economy, the ATO is feeling neglected and wants its fair share. Here’s what you need to know if you rent out your property on Airbnb. If you need any more convincing that the Australian Tax Office (ATO)...
Do my business loans and over dafts affect my home loan
//BUSINESS LOANS AFFECT PERSONAL BORROWING???// Do your business loans affect your personal borrowing commitments when your go to buy a home or an investment property? ???????????? It is great to invest in your personal finances as well as your business when able....
Would your accounts squeeze through the tighter lending test?
It’s one thing to be ready to pay off a mortgage. It’s entirely another to convince lenders that you’re ready to do so, especially in the current environment of tighter lending standards. Here’s how to climb your way through the process. You may have seen in the news...
What is debt recycling?
We all know that recycling is great for the environment. But debt recycling? Well, if done right, that could be great for your own little patch of planet earth. There are three things that many Aussie property owners wish they could do: make their debt tax deductible,...
It’s all about balance: Using an offset account to your advantage
Want to avoid sinking your entire savings balance into your mortgage? An offset account could be the solution you’ve been looking for. An offset account is straightforward to set up and easy to understand. It also has the potential to save you thousands of dollars and...
Rentvesting: have your cake and eat it too
Most Australians grow up with the dream of buying and living in their own home. But, given the difficulty of cracking into the market in trendy locations, another option has emerged. So what is rentvesting? Put simply, rentvesting is the increasingly popular practice...
