Stress free holiday checklist
With thanks to OnePath Life – here is checklist that will help you have a more enjoyable Christmas and holiday. I like the comment about hiding your remotes, and not putting valuables in drawers! Some of us will be heading away from home this Christmas to spend valuable time with family and friends. Unfortunately, it…
23 Things to know about money
23 Things to Know about Money before you turn 25 (Actually at any age!) A friend sent me this article and I thought it would be good to share it with you. It is from an American blog www.daveramsey.com. Although it is written from the perspective of a 25 year old, these are lessons that…
Are you having difficulty in borrowing money for your first home?
With the changes in the Reserve Bank requirements for lending to Loan to Valuation ratios of 80% or more (that is to people who don’t have a 20% deposit on their property) in 2013, more people are finding it difficult to get a mortgage. Or maybe your credit record isn’t as good as you would…
Are you getting the best deal possible with your mortgage interest rates?
When a lender provides you with a mortgage, they want to make sure that they have good security if something was to go wrong. They need to protect themselves against default on the mortgage. They look at your income (servicing ability) for the mortgage and also how much they are lending you as compared to…
Basic rules to consider with your mortgage
Unless you are a ‘trust fund’ child or do not own your own property, you are likely to have a mortgage during your lifetime. Apart from your ability to earn an income, your mortgage is likely to be the financial arrangement that has the most impact on your financial success. Therefore, managing your mortgage to…