Posted in Building Wealth

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...

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...

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...

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. ...

Make it a game! We've all had a genius idea at one point and wondered if and how we can make money from it.  Turns out we maybe onto something, we just need to sell it - simple!  Liz Davidson from Financial Finesse gives us 8 ways we can build wealth like millionaires. Put aside some of the american terms and focus on some the simple ideas put forward in the article. Remember often the best business ideas are the simple ones. We love the idea of throwing parties and s...