When we buy property or other assets we generally give little or no thought to the legal ownership of that asset. Often we are swept away “in the moment” and don’t consider the various options or legal implications that may arise in the future. No thinks to ask the question, have I purchased in the correct legal structure? Is there a better way?
To work, or not to work? That is the question many Australian women (and some men) have to consider after having children. Sadly, both options can have long-term negative financial consequences. While it would seem obvious that not working is likely to set your bank balance back, going back to work can also be costly. Indeed, studies have shown that some mothers go back to work for no net financial gain. That’s because childcare in Australia is extremely expensive.
It’s that time of year again when it feels as though everyone you know is escaping winter to head off across the world on a fabulous holiday (and sharing many photos to prove it). Whether you’re about to head off on a travelling adventure yourself, or your planning is still in the dreaming stage, take note of these tips to ensure your hard earned break is as stress free as possible.
Let’s face it, getting your foot on the first rung of the property ladder is not only hard, for an increasing number of younger Australians, it’s downright impossible. As housing prices, particularly in capital cities, continue to outstrip wages growth, even saving for a deposit to buy a house can seem all too hard. It’s a bit like taking one step forward and two steps back, right?
Financial cybercrime is on the rise in Australia, as the increasing use of technology such as online banking and social media makes it an attractive target for criminals. Despite increasingly sophisticated methods being used, there are a number of things you can do to help you and your family stay safe online.
Arguably, the most common fear holding an investor back from achieving a great return is a misunderstanding of what happens when markets fall (as they invariably do). In order to use fear to our advantage, we would be well served to seek to understand the following three principles around shares and their value …
Finding out which home loan is right for you depends on your personal situation. Are you looking for a home loan to buy your first home, update your current one or as an investment in retirement? Are you confused by all the jargon and what type of home loan is right for you? We delve into two of the most popular home loans: principal and interest and interest-only.