Enjoy yourself without bringing home a mountain of high holiday debt. I do love a catchy new phrase, and this one made me laugh. “Debt lag” is a new one for me. It seems that as Chrissy approaches we plan a holiday, but don’t quite get around to saving for it. So some 2 million […]
If you’re experiencing financial crisis – if you’ve taken some hard knocks – then you’ll know how quickly things can spiral. We look at five ways you can take charge. Give me the main points Talk to a free government-funded Financial Counsellor. Get in touch with your bank ASAP – talk to their financial hardship […]
If you want to repay your mortgage quickly and still have easy access to your additional repayments, an offset account may be worth using. What’s an offset account? An offset account is a transaction account that is linked to your home loan and the money you deposit in it offsets the loan balance before interest […]
De-stress mortgage De-stress mortgage: “Don’t sail out farther than you can row back.” This Danish saying is sound advice for anyone thinking of borrowing to buy a home, particularly now that interest rates are low and house prices are generally rising. According to a paper for the Centre of Policy Development and University of Canberra, Australians […]
