Good vs bad debt
Posted by Mark Attard
on 27 September 2016
)
Plus, why having a tailored debt reduction plan matters.
If you're like most people trying to get ahead, you have probably heard of the terms 'good debt' and 'bad debt'.
So, what do they each mean? And, can any sort of debt REALLY be a good thing?
Put simply, while there are many definitions of what constitutes good vs bad debt, broadly speaking here's the deal:
GOOD DEBT
Good debt is debt that's used to increase your net worth by buying assets...
Good debt is debt that's used to increase your net worth by buying assets...
Posted in:DebtBad debtgood debt vs bad debtSmart Money ManagementBuilding WealthReducing Debt |
Is spring actually the best time to sell a house?
Posted by Chris Collard
on 27 September 2016
)
If you're considering putting your house on the market, here are few tips and tricks for knowing the best time of year to sell.
Anyone who has bought or sold a house will tell you that spring is the traditional time of year to sell. And sure, gardens are in full bloom, the days are lighter and brighter and buyers have that ever enticing thought of 'being in before Christmas'.
But, let's be honest, the best time to sell a house is when the demand for property is high and supp...
Posted in:Property InvestmentInvestmentsellingUpgrading your Home |
How home staging can help you sell your home for more!
Posted by Chris Collard
on 16 September 2016
)
Designs to Inspire
Selling your home can be one of the most stressful times of your life. Investing more money into a property that you will be selling may be the furthest thought from your mind. However, property styling, also known as home staging, is one of the ways leading real estate agents advocate to help you sell your home faster and for more money.
Does your property stand out?
In Melbourne, there can be over 85,000 homes sold in a year*1. It's, therefore, imperat...
In Melbourne, there can be over 85,000 homes sold in a year*1. It's, therefore, imperat...
Posted in:RenovatingSuccessHome stagingstylingsellingDesigns to InspireBuilding WealthUpgrade My Home |
10 years to retirement checklist
Posted by Mark Attard
on 13 September 2016
)
A checklist for the unprepared.
We spoke to financial planner Stuart Skidmore from Saracens about preparing for retirement. Check out his seven key questions and considerations for everybody who has retirement on their mind.
By Stuart Skidmore
Understand that time is your enemy. 10 years equals 120 months. If you are paid monthly and have 10 years before retirement, you will be paid 120 more times so what are you going to do now to achieve what you would like t...
Posted in:Financial planningSuccessRetirementBuilding WealthReducing Debt |
What successful people wish they'd known in their 20's
Posted by Chris Collard
on 13 September 2016
)
We don't all learn from our mistakes.
If you're in your 20's (30's or 40's!! :) Check out this Business Insider article which shares insights from influencial people who have built wealth over the years.
Read here to find out what they had to say.
First step to managing your money better, take a look at Your Smart MoneyTool.
...
Posted in:Financial planningSuccessmistakesSmart Money ManagementBuilding Wealth |