Understanding Borrowing Capacity

Understanding Borrowing Capacity Before house hunting, knowing how much you can borrow from your lender is beneficial. Your borrowing capacity is the amount a lender will lend you to buy a property. It sounds simple but it’s not. All kinds of factors determine the amount a lender comes up with, and your loan amount can…

Beat the Cost of Living Tips

Beat the Cost-of-Living Tips    The rising cost of living has hit Aussies hard, with higher prices at the supermarket, petrol pump, and utility bills stretching already tight budgets to breaking point. Keeping up with price rises is challenging when your income does not move in the same direction, and thousands of Aussies are potentially…

3 Financial Rules of Thumb Worth Following

3 Financial Rules of Thumb Worth Following Personal finance is full of rules of thumb about saving, spending, paying off debt, and budgeting. These well-known financial guidelines help us apply proven methods for saving, investing, buying a home and even planning for retirement. They can be useful shortcuts for making quick calculations and decisions about…