New year, new home? If this year is the year you plan to get into the property market, there are a few things you can do to help you reach your home ownership goals. Here are five things to consider when undertaking your property search. Understand your borrowing capacity The amount of money you can borrow will determine what properties you can potentially buy. This should be one of the first things you work out so you can narrow, or widen, your property search. There are several factors ...

The new year is when many of us hit the reset button. It’s a chance to reflect on the past 12 months, reassess priorities and set new goals. If you’re looking to create positive financial habits in 2023, here’s some tips to help secure control of your money. Create a budget you can stick to Extreme changes to your spending habits may appear to deliver immediate results, but they can be difficult to maintain over the medium and long term. Focusing on a range of budgeting ...

FinancePath has been named as a finalist in the Best Community Engagement Program category at The Adviser Better Business Awards 2023 – our third industry award nomination in 12 months! “Given the lingering effects of the pandemic, a series of natural disasters and the increased cost of living, it was important to FinancePath to give back to the community and support charitable organisations providing aid to those experiencing hardship in 2022 – in particular organisations ...

Most investors can ‘feel’ that 2022 has been a miserable year. Australian shares, as measured by the All Ordinaries Accumulation Index are down around -7% year to date. US shares have fared even worse, with the S&P 500 Index down -22%. Whilst this is a poor return, negative returns like this are not uncommon on the stock market, and most of us remember years that were much worse – such as 2008 when our stock market was down around -40% (peak to trough). But looking at ...

It’s no secret that paying off your home loan sooner can save you. However, with cost-of-living pressures and rising interest rates, it can be hard to find extra cash. A series of small changes applied consistently over time could put you on track to reach your goal sooner. Here are 8 tips to help boost your savings.  Tip 1: Make a plan you can stick to Rather than making extreme changes to your lifestyle and spending habits, focus on a range of savings strategies that will be s...