Side Hustles To Boost Your Savings
Aside from reducing expenditure, another efficient way to improve savings is to increase your income through ‘side-hustles.’‘Side-hustles’ refer to additional income streams created by a piece of work or job done in addition to your main job. If you’re already saving on just your main income, all additional income from side-hustles can bolster your savings.One […]
Is The Property Market Predicted To Crash? Everything You Need To Know Looking Into 2023
Interest rates are rising, inflation is running rampant and media headlines are filled with doom and people are terrified of losing their hard earned money. But despite all of this, there are a number of factors concluding that the property will not crash, but likely initiate another boom period. Not convinced? Let us explain why. […]
Hotspotting’s Terry Ryder – September Q & A
We are approaching the end of 2022 and the Australian Property market continues to perform strongly. Check out our latest discussion with Hotspotting’s Terry Ryder where we look at the key topics of: National investment hotspots Immigration Low vacancy rates Ignoring the media hype Established vs off the plan And a forecasted property boom starting […]
Receive Your Tax Credits Today – PAYG Tax Variation
DOWNLOAD TAX REPORT LODGE AN EXPRESSION OF INTEREST Think about almost every tax deduction. We patiently wait until June 30 for our group certificate, submit our tax return, and eagerly await our refund. While this approach suits most people, often it creates cash flow barriers for property investors as their pending tax breaks are so […]
Does the 50/30/20 Rule Really Work?
If you’ve ventured online to get some budgeting tips, no doubt you would’ve come across the 50/30/20 method. Put simply, this method allocates 50% income to your needs such as rent and utilities (after tax), 30% to your wants like entertainment and dining and the remaining 20% to your savings. The major benefit of this […]
How To Unlock Your Super Through Property Investment
Thinking of investing but don’t quite have the funds saved up? You could be in a position to leverage a self-managed super fund! A self managed super fund, commonly known as ‘SMSF’ is essentially another avenue for you to save for your retirement. In each pay cycle, you might notice that a certain amount is […]
How High Will Interest Rates Go?
As of the June quarter, Australia’s Consumer Price Index (CPI) is sitting at 6.1% – an increase of approx. 2.3% since June 2021, resulting in Australians paying more money for almost everything ranging from food through to fuel. Transport costs alone increased 13.1% as the price of fuel rose to record levels for the fourth […]
How This Everyday Australian Achieved Financial Freedom Without Compromise
To many of us, property investment can seem like a confusing, overwhelming and near impossible task – but yet almost all of us yearn for greater financial freedom to achieve our financial goals. Be it a comfortable retirement, a financial head start, security for your family or simply having the ability to live without compromise, […]
Rising Interest Rates – What Can You Do?
Since May this year, Australian homeowners and investors have seen back to back rate rises of 50bps creating significant concern around how they will maintain their mortgages. While interest rates have averaged 3.88% over the last twenty years, Australians have enjoyed historical low interest rates over recent years which has derailed expectations – however, there […]
Our Top 4 Tips To Pay Off Your Debt Faster
Clearing your bad debt is essential to achieve your financial goals. Bad debt is debt associated with expenses that don’t improve your long term financial position, unlike investment debt. Examples of ‘bad’ debt include credit cards, personal loans and car loans. When it comes to getting into your first investment property, bad debt is twice […]