Personal

When you consider a ‘hike’, what is the first thing that springs to mind? A walk through the bush or a sharp rise? The RBA lifted the official cash rate by 25 points to .35 percent last week – the first rise in 11 years. While we understand that a rate rise is never a good thing, interest rates are still at historic lows and we wonder if the use of the word ‘hike’ is a necessary one!

We are often asked if you need pre-approval before looking for your dream home. Pre-approval is not essential but it is one way to ensure you don't miss out!

We've all had to pay more than we expect. Maybe it's the extra 50 cents for a sauce sachet with your pie, or a $1 additional shot in your morning latte.

Buying a property is no different. You'll have to pay a little extra on top of the purchasing price. The official term is call stamp duty.

Be aware that every forgotten electricity bill, loan repayment, and credit card application is being tracked… But you can put away your tin foil hat! You’re being assessed for your credit score.

When applying for a loan, you’ll hear terms such as “borrowing power”, “borrowing capacity”, and “assessment rate”. But how do they relate? What do they mean? We’ll break it down for you in a simple equation.

During your research into your financial situation, you may have clicked on our calculator section – and been overwhelmed with the number of different types available! What do they all mean and what are they used for?!

Since we’ve recently gained a few new followers, we thought now was as good as time as any to introduce (or reintroduce) ourselves.

Do you track your monthly expenses? When life’s busy, it’s so easy for your finances to not be a priority (did someone say Netflix binge?!). But we’re here to remind you that it’s actually really important to set some time aside each month to audit your spending (sorry guys).

Currently, there are multiple instant cashback incentives available when you refinance your loan. But is the offer really as good as it seems?

Coming back from the holiday season can leave you feeling inspired. You’re refreshed and ready to set out on your next adventure. So, what’s next?

Is the key to saving for a home deposit as simple as giving up smashed avo for brunch? Well not quite, but spending less and staying on top of your budget does make a difference.

It’s no secret, consumers love the ‘buy now, pay later’ option. In recent years this purchasing option has grown from 400,000 users in 2015, to over 2 million Australians utilising this method in 2020.