I have a crazy idea I want to run by you. Imagine that a cultural anthropologist finds one of your credit card statements in 100 years. What would your spending suggest you value the most? Based on your spending, what assumptions might someone make about how you live your life? […]
Your Credit Card Statement: A Personal Manifesto Read More »
Many of the property investors I speak with are often confused about the differences between Line of Credit facilities and Offset Accounts. Understanding how these two types of loan-related products can function will help determine the best fit for your property investment strategy. What is a Line of Credit? A Line of Credit (often
Understanding the difference between L.O.C and offset accounts Read More »
Moving or upsizing to a bigger house is a significant financial decision. Perhaps you feel too cramped where you are, have received a financial windfall, or simply have itchy feet; it might be tempting to buy a bigger house. But bigger properties come with higher costs, and it’s not just
Should I Buy a Bigger House in Australia? Read More »
At the end of the day, we are accountable to ourselves – our success is a result of what we do – Catherine Pulsifer It can be both empowering and a little uncomfortable to think that we are responsible for our successes – and failures. Being willing to accept the
Keeping yourself accountable Read More »
Refinancing your home loan has the potential to save you thousands, reduce your monthly repayments and free up your finances to achieve your goals. However, mastering the art of refinancing requires strategic planning, an understanding of the process and taking numerous considerations into account. Whether you plan on external or
The art of refinancing Read More »
Every home loan application is unique, so the time between your first contact with your broker and approval can never be predetermined. If an application is not completed correctly, you risk delays in approval, or even being declined by potential lenders. There are, however, some things you can do to
How to speed up your home loan approval Read More »
You already know the importance of maintaining consistent cash flow. Did you know that your business’s assets can be the solution? If your business’s cash flow is stifling its success, it’s time to look for a solution. Simple steps such as negotiating longer payment terms with suppliers and shorter terms
How to improve your business’s cash flow Read More »
We live in uncertain times. Just look at all the financial and economic challenges caused by inflation and the rising cost of living as well as relatively high interest rates; the social and political problems around the world. Amid all this, we must go about our business, our investing, and
The money tips I wish I taught my children when they were young Read More »
Common wisdom seems to suggest that you should diversify your investments. But is this correct? In my opinion, it is wrong, in fact, I remember reading Napoleon Hill’s great book Think and Grow Rich many years ago where he also said that successful people specialise in one area they don’t diversify. On
Concentration or diversification – which makes better investments Read More »
A key financial goal for most people is to eventually repay their home loan. Last year I outlined 3 questions you must ask yourself to determine whether repaying your home loan is your top priority. The internet is filled with countless ideas on how to repay your home loan faster.
Accelerate home loan repayment: there are only 4 ways Read More »
Recently one of my nephews, who has suddenly taken an interest in the property, asked me: “You’ve been investing for a long time – If you could go back 40 or 50 years, what would you have liked to know then that would have made you do things differently?” Now
I would have been a better property investor if I knew these 12 things earlier in life Read More »
The number one benefit of using a mortgage broker is being presented with a set of customised loan options without the hassle of doing the research yourself. Yes, brokers receive remuneration from lenders for successful loan applications, but credible, qualified mortgage brokers are client-focused – because they know their reputation
Do I need to use a mortgage broker? Read More »