Property investing can be a great way to build wealth over the long term, but there are some traps new investors can fall into. It’s important to approach property investing with a strategic mindset to help you avoid some of the common pitfalls. Here are five common mistakes investors make...
What is the fixed rate mortgage cliff, and how is it going to impact Australian households?
What is the fixed rate mortgage cliff? The fixed rate mortgage cliff is a term used to describe the end of the fixed-rate period of a home loan. When you take out a fixed-rate mortgage, you agree to a set interest rate for a specific period, usually between one and...
3 things to consider before investing in regional areas
Over the last few years, demand and values in regional Australia has exploded. With strong capital growth and tight vacancy rates driving up rents, more and more investors have been looking to regional areas. While many regional areas have been strong performers, there are a number of things you should...
How to manage money as a couple
When new couples get married and start living together, one of the first things they need to consider is how they will manage their finances. For singles, your financial situation is relatively straightforward – but when there are two of you with different financial backgrounds and different approaches to managing...
Advantages and disadvantages of paying off your car loan early
A car loan is a great way to purchase a vehicle when you don’t have all the money to pay for the car upfront. However, if you are getting ahead on your savings and potentially want to pay off your car ahead of time, there are a few things to...