I hear a lot of people say that humans are bad for a lot of different reasons. I beg to differ, because last night I was with over 12,000 of them at my biggest ever show & I’d say it was one the most beautiful nights of my short existence x zig
🎥 @charlie_bristow & @samueldhall
"We're stuffing this up but there is an alternative to our wasteful ways that's not only essential but better for us, our people, our wallets and our planet," says Buy Nothing New Month founder Tamara DiMattina. https://t.co/dACsvB2NgW
Approximately 23% of owner-occupied loans are covered by LMI. A large proportion of these LMI covered loans are made to first home buyers. Interesting to see what impact the First Home Deposit Scheme has on this industry (and the premiums). On @TheTodayShow with more!
The RBA’s decision to hold the cash rate at a record low of 1% was widely expected, after the rate was slashed by a total of 50 basis points in two months. https://t.co/ardUEsROBE
Such an awesome 2 days with a bunch of champions in Melbourne! 8 business plans locked and loaded. Exhausted and excited to see them executed with @SlipstreamCoach
According to the ASX’s RBA Rate Indicator there’s a 99% chance of a 0.25% rate cut next Tuesday. Savers who have money in the bank need to act now or they could end up with no return on their money. On @TheTodayShow with saving accounts that beat inflation.
Should you pay off your mortgage or invest? It’s an age-old question, and one we get three experts to answer in the May issue of Money, out now. Also this month, how to get a mortgage as a casual worker, the rise of car subscriptions, and what’s new in peer-to-peer lending.
5 GOLDEN RULES FOR MANAGING DEBT:
1. Tally up your debts
2. Get urgent help if you need it
3. Set a budget
4. Prioritise your debts
5. Consider refinancing or debt consolidation
Would you pay to see a mortgage broker? The RC’s final report reads: “The borrower, not the lender, should pay the mortgage broker a fee for acting in connection with home lending.” This will be one to watch! Paying for upfront fees does go against PC report.
How long would you financially survive if you lost your job today? According to research commissed by @comparethemkt half a million Gen Zeds could only survive for a month if suddenly unemployed. On @TheTodayShow with a formula to help you work out how long you would survive!
If you cut out that discretionary spending you would save $391.50 a week, which is $1696.50 a month. In an online saver paying 3% interest, you would save $20,614 over a year and a whopping $109,533 in five years, @effiezahos tells @TheTodayShow