No matter where you are on your financial journey you need to know it is possible to turn your financial life around. Making small changes in your life can fatten your savings and help you budget better. Follow these tips to save more money. Change One Habit and Save Using a Budget is Beneficial Use a Savings Goal Calculator Reduce Your Bank Fees Be Conscious About Money Change One Habit [...]
Halloween often involves telling scary stories, kids dressed up in home-made outfits running up and down the street trick or treating and of course the unusual tradition of carving up pumpkins. I was reminded recently of a scary story a client (John) told me about his Mum and Dad who divorced when he was about 27 years old. Mum used her share of the settlement and brought a little three bedroom house [...]
So, you’re thinking about investing in property to create wealth for yourself but you’re not entirely sure how the money side of things works? That’s OK. It might seem a touch confusing but really financing on a mortgage basis is quite straightforward. Let’s take a quick look at what you really need to know: You Need A Deposit A deposit is a percentage of the purchase price that you will [...]
I’ve recently had the good fortune to sit down with Peter Mastroianni of Rentvesting to talk about property investment. Peter encourages a brand new model of home ownership on his website and he wants to share his tips on successful investing with our readers. Peter’s heroes in life are people that we can all look up to. He is a fan of Elon Musk’s innovative and creative approach to the [...]
Investing in property is not just a hobby or a side hustle, it's a business that requires a strategic and analytical approach to succeed. You wouldn't pour your life savings into a business without first doing your due diligence and planning, and investing in property is no different. It’s a business…Before making any investment decisions, it is beneficial to take onboard a mentor or coach who will take the time to [...]
Property investors often look forward to tax time as the tax deductions associated with holding the property can often result in a great tax refund. But what many property investors may not realise is that you don’t have to wait to the end of the year to benefit from the tax deductions – you can effectively take advantage of the tax deductions available to you and receive your tax refund [...]
As a property investor, you're probably constantly looking for ways to improve your knowledge and stay ahead of the game. One of the most effective ways to do this is by reading books. In fact, reading is one of the most important habits that any successful property investor can adopt. Here are a few reasons why: Gain New Perspectives and Ideas Reading books can help you gain new perspectives and [...]
Life is full of financial decisions, some complex, some simple, but all with the potential to make a real impact on your life. Today we’d like to focus on some financial choices you’re likely to regret in 10 years, if you don’t do something about them now. We’d like to save you from the pain and the heartache that occurs when people make these decisions. Put these on your not-to-do [...]
