Must know money tips for small business owners
Posted by Chris Collard
on 31 August 2016
6 easy ways small business owners can be better money managers at home and at work.
If you're like most small business owners, you know how to make money but perhaps you're not so great at managing it. Usually this is because you're so busy running (and building) your business to keep on top of the latest money advice for self employed borrowers.
So, to help you better understand how to manage your money at home and at work here are a few quick and easy tips to help you...
Posted in:Small BusinessesSelf employedself employed home loanBuilding Wealth |
Don't be strapped for cash, scrap for cash
Posted by Chris Collard
on 31 August 2016
Money for nothing, how depreciation can add value.
Renovating investment properties is becoming a popular way for investors to increase the potential rental returns on their properties in a market where rents have failed to increase like property prices have. An article from BMT Tax Depreciation explains what assets in the renovation can be claimed and how much return you can get on them.
If you're thinking about renovating, be sure to speak to a Quantity Surveyor before you st...
Posted in:InvestmentDepreciationRenovatingBuilding WealthUpgrade My Home |
Why the bank knocks you back if you're self employed
Posted by Mark Attard
on 30 August 2016
Here's why many lenders make it hard for self employed. Plus, how (and where) to get help.
If you're self employed, meeting the strict lending criteria of many banks can be tough. What's more, each bank has it's own lending policies making it even harder to know exactly where you stand.
When all of your time is focused on running your business (as it should be), it can be difficult to do the leg work to find out things like:
Do you need bank statements or pay sl...
Posted in:Small BusinessesSelf employedself employed home loan |
Hard times loom for too many boomers
Posted by Chris Collard
on 30 August 2016
If you're born in the two decades to 1964, you'll want to read this.
Now that the last of the baby boomers have turned 50s, there's a push towards preparing for retirement. This means, there's no better time to understand and overcome the financial challenges so that you can enjoy the retirement of your dreams.
This article explains many of the hurdles today's baby boomers face, things like:
Not having saved enough money for retirement;
Having to wait for yo...
Not having saved enough money for retirement;
Having to wait for yo...
Posted in:Baby boomersFinancial planningRetirement |
Scared to invest in property? These 5 tips will help
Posted by Mark Attard
on 30 August 2016
Learn how to overcome your fear of investing.
If you're reading this blog, chances are you're giving some serious consideration to investing in property to help build your wealth and improve your financial security.
After all, you've probably heard about the advantages of owning an investment property such as the tax deductions, having a tenant pay off the mortgage for you, and the fact that property values in Australia double on average every seven to 10 years.
But...
Posted in:Property InvestmentSmart Money ManagementBuilding Wealth |