Buying your first investment property can be a bold step towards a more prosperous and secure future. But it also poses risks. The Successful Investor’s Michael Sloan outlines five strategies to help you take the right path. My 5 essential investment property tips 1. Equity Most people use the equity from their home to help … Read more
NFTs have been circulating in recent headlines, along with words like “blockchain” and “cryptocurrency”. You may have seen them parodied on the U.S. television show Saturday Live or heard them discussed on your favourite podcasts. So what’s all the hype? What’s an NFT What are you actually getting when you buy one What risks are … Read more
If you’re about to launch or you’re in that exciting first year of business, make sure you get a solid grasp on the ‘money side’ early on. While your focus might be on building a customer base and driving sales, developing good cash flow habits stabilises your business and should be equally prioritised – if not more. Poor … Read more
What is FIRE? If you’ve ever considered early retirement, you could join the FIRE movement. FIRE stands for “financial independence retire early.” During their working years, FIRE investors invest as much of their income as possible in hopes of attaining financial independence at a young age and maintaining it for the long term—a.k.a. retirement. Their … Read more
A payday loan, also called a small amount loan, lets you borrow up to $2,000. You have between 16 days and one year to pay it back. While it might look like a quick fix, a payday loan has a lot of fees. For example, to pay back a $2,000 payday loan over one year, … Read more
Organisations promoting a supportive, open workplace culture are more likely to have better employee engagement and retention, as well as higher profits. Every business owner likes to think they’re fostering a great work environment, but sometimes this is a case of over-optimistic thinking. If you have problems finding the right talent or you have a high turnover … Read more
Every homeowner loves the idea of becoming mortgage-free faster and paying less interest in the lead up to that landmark event. Fortunately, there are some easy steps you can take to get there sooner – whether you’ve just got your first home loan, want to increase your property equity or become mortgage-free as soon as … Read more
Whether you run a small business or a large enterprise, having a well-planned technology strategy is essential to the growth and ongoing success of your business. Well thought out technology strategies should not simply provide support for existing operational tasks, they should also proactively plan for future technology needs and contain policy and procedures relating … Read more
The array of mortgages available helps a good finance broker to tailor a package to suit your needs. Here are just some of the options. Fixed-rate mortgages With a fixed-rate loan, you know exactly how much you’ll pay per fortnight or month for the fixed period of the loan (usually one to five years). Variable … Read more
Written by Tony Kaye, Senior Personal Finance Writer After months in lockdowns and living under tight restrictions, many Australians have gone on a “revenge spending” spree. Revenge spending is the term widely being used to describe how some people are taking out their revenge on the COVID-19 pandemic by spending money on things they haven’t … Read more
Written by Tony Kaye, Senior Personal Finance Writer The Australian Bureau of Statistics had some good news to share earlier this month, with new data showing average life expectancies in Australia are now at a record high and among the highest in the world. The data showed that the average male life expectancy at birth … Read more
Australia’s aged care system is incredibly complex, and making the wrong decisions can have a high cost, both financially and emotionally. Being aware of the common traps to avoid can help your family save time, money and stress. Mistake 1: Making aged care decisions in a crisis Sadly, many aged care decisions are made in … Read more