Why is savings considered a financial investment

Why is savings considered a financial investment

There are features unique to both financial saving and investing, and understanding their different attributes is important. Saving preserves and protects money, while also accruing compound interest, whereas investing allows money to grow within share market...
New Year financial resolutions

New Year financial resolutions

One of the silver linings to emerge from the pandemic is how it’s made people more aware of their spending habits. To start the new year off on the right foot, here’s how to be more money savvy this year.   Start tracking your spending Most of us have...
Getting finance ready to buy your home in 2021

Getting finance ready to buy your home in 2021

For all of us, 2021 has thrown up plenty of unexpected challenges. For those trying to buy a home, there were likely even more.   However, going through the home loan process is now easier than ever, and if you’re looking to buy soon, here’s what you...
8 Tips To Purchase a Property

8 Tips To Purchase a Property

8 Tips for New Australians wanting to purchase property.   1. Find steady employment When you eventually want to apply for a loan, the first thing the bank or lender will investigate is your employment history. They want to see that you are securely settled in a...
Mortgage Brokers Vs Banks

Mortgage Brokers Vs Banks

Before purchasing a home, it’s important to understand the difference between going directly to a bank and using a mortgage broker. Check out the key differences below:   PRODUCT RANGE: Mortgage Brokers have access to 20-30 lenders with over 1000 – 2000 products....
Can I Renovate A Residential Property I Own Through An SMSF?

Can I Renovate A Residential Property I Own Through An SMSF?

Can I renovate a residential property I own through an SMSF?   If you’re thinking of giving your home a total makeover using your SMSF, think again. Unfortunately, while you and your fellow trustees have some control over your fund, it doesn’t mean you can spend...