Don’t think you can afford to put more on your mortgage? Actually, you probably can! Lenders will generally calculate your ability to service your loan at a higher interest rate than what they actually offer you. Why? So that if interest rates go up they know that you can still afford your repayments. So this means that you can actually … Read More
Raising money savvy kids
Have you ever stopped to ponder about where your stories or beliefs about money come from and how they influence your spending habits? Last weekend, I realised that baby Emma (who is now 10 months old, where did the time go!) is in need of a walker. Rather than go to the nearest store, I had a look for a … Read More
R U Ok? How to stay financially afloat if you suffer from depression or anxiety
This week marked the tenth annual R U OK Day, dedicated to raising awareness of mental health and empowering the Australian community to have more open conversations on the subject and reach out for support. As someone who had suffered clinical depression for several years in my late 20s I am all too familiar with the challenges. So today I … Read More
This credit card myth could be keeping you in debt!
This week I am turning myth-buster to answer a question that I received from the Women with Cents community: “We currently have a credit card debt of around $2,800 and it’s the only debt we have. We are hoping to buy a home in the next couple of years and since all our big purchases have been paid in cash … Read More
How the Royal Commission will impact home loans…
Amongst all the questions I’ve been asked about the Royal Commission, the most asked continues to be… “I have heard that as a result of the Royal Commission it will be harder to get a home loan. Is that true??” Well, the answer is yes. But don’t panic. The reality is that it has been getting harder and harder to … Read More
What you need to know about the Royal Commission
Over the last few months I’ve had lots of questions about the banking Royal Commission. What is it? Why is it happening? How does it work? And, what does it mean for me – will it be harder to get a home loan? So, here is a quick summary of what’s going on, and our next blog will cover the … Read More
It’s tax time! Here are seven things to do before 30 June
The coats are out of storage, it’s getting harder to get out of bed in the morning and the heaters are suddenly being turned up to full blast. It must be winter! And as an accountant, for me that means tax time! So here are seven quick to-do’s that could save you some cash before 30 June. Did you know … Read More
Four musts for any new business owner
If you’re a business owner, I’m sure you’ve already learned that the to-do list never ends! Now, unfortunately I’m going to add a few things to your list, but I promise you’ll thank me later. Here are four things you need to be considering in the early stages of business. There are two types of liability insurance: public liability and … Read More
Four money management tips for brand new business
Not long ago we covered the basics of getting your business idea off the ground. If you’ve managed to get that far with your business, that’s fantastic! As a business owner myself, I’m very aware that cash is king. Without good money management practices in business, you can very quickly send yourself down the drain. So here are four of … Read More
Four to-do’s when starting your own business
So you’re thinking of starting a business? Good for you! Whether your vision is a full-scale bricks and mortar establishment, or a small work-from-home business or side-hustle, there are a few things that you should do right off the bat. Firstly, hit the Australian Securities and Investment Commission (ASIC) website to register your preferred business name. While you’re there, the … Read More