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...
Buy now, pay later could harm your credit profile

Buy now, pay later could harm your credit profile

The number of Australian consumers using buy now, pay later platforms has nearly doubled in a year, according to a review undertaken by the Australian Securities and Investments Commission (ASIC). But with one in five consumers struggling to make repayments, there is...
Realising your full potential – EQUITY

Realising your full potential – EQUITY

Turning your home into an income earner for the family has become increasingly popular as interest rates remain relatively low.   Here are five strategies to make the most of the equity you’ve built in your home.   Deposit for an Investment Property...
Can Your Profession Save You on Your Home Loan?

Can Your Profession Save You on Your Home Loan?

Can your profession save you on your home loan?   When it comes to saving on your mortgage, some of you may not have to look further than your job. If yours is a profession that classifies you as a ‘low risk’ borrower in the eyes of lenders, then you may be...
What to Consider Before Renovating

What to Consider Before Renovating

What to consider before renovating. The decision to renovate is a common sticking point for homeowners, who can spend hours weighing up the cost benefits. Whether your motivation is to add value to your property or to add a touch of your personality to the home,...