Think it doesn’t matter when you pay your bills? Think again

Support @ Women with CentsBlog, Budgeting, Mortgage

No doubt, at some point in your life you would have heard the terms ‘credit score’ or ‘credit report’ – and unfortunately you most often hear about these things at the precise moment you find out your score or report is a “bad” one. Not helpful! Well, here’s a new reason you may hear those terms: the government is mandating … Read More

I’ve paid off my mortgage, should I get a bigger house?

Women with CentsBlog, Mortgage

“Hi Tash, I’m 10 years away from retirement and have almost paid off my primary residence, a townhouse. Should I be upgrading to a bigger house?” Congratulations on paying off your home! What a great feeling. Now the first question I would ask you is why you might want to upgrade to a bigger home? Given that you are approaching … Read More

What comes first, the HECS debt or the mortgage?

Women with CentsBlog, Budgeting, Mortgage

Hi Tash, I’m wondering what the best thing is to do, prioritise buying a house or pay back my HECS debt first? Is being completely debt free better than having a HECS debt and a mortgage? Or is HECS not something I need to worry about paying back so quickly? Great question! First of all, HECS-HELP is essentially a government … Read More

Women are awesome, and yet…

Women with CentsBlog, Budgeting, Investment, Mortgage, Superannuation, Uncategorized

Women. Are. Awesome. In case you need it, here’s proof. On top of it all, we work, cook, clean, shop, chauffeur, pay bills – often all simultaneously. You do it, I do it, together we kick some serious butt! Unfortunately, despite how awesome women are… we still tend to pass the buck on important money matters. Divorce, which is becoming … Read More

I’m a single parent, will I ever own a house?

Women with CentsBlog, Budgeting, Mortgage

Tash, I feel gypped! I built a house with an ex a few years ago, using my first home buyers grant and he ended up with the house. Now five years later I have full time job and I’m a single parent and it’s a lot harder getting a house the second time around. Do you have any tips to … Read More

We were bankrupt… can we get into property?

Women with CentsBlog, Debt, Investment, Mortgage

Hi Tash, we are one year out of bankruptcy and currently renting. We are in our late 30’s with three young children and have come to the conclusion it may be some time before we can purchase our own home.  We are consistently saving $1K per month. I’ve come up with a plan to purchase a unit (if we can … Read More

To buy or not to buy? That is the question…

Women with CentsBlog, Investment, Mortgage

If you’re looking at purchasing your first home (or contemplating a sea change), you should factor in the costs of buying and selling. There are solicitor’s fees, stamp duty and other incidentals that pop up through the buying and selling process, and if you plan to move again in a couple of years then buying might turn out to be … Read More

Should we take on more debt now to be better off later? 

Women with CentsBlog, Debt, Investment, Mortgage

This week I’m answering a community question from a fellow Women with Cents looking to take on some additional debt… My partner and I both have one investment property each which we are paying principal and interest on, and have separate bank accounts, with all our savings in our offset accounts. As they are relatively new loans, both properties are … Read More

A lot of us have them but what do we know about how they work?

Women with CentsBlog, Mortgage

A lot of us have them, but do we know how they work, what they’re for and when they’re useful? I’m talking about offset accounts. Often offered by your bank, or talked about at BBQs, but not always fully understood. So, this week we’ll get every question you ever had about offsets cleared up once and for all! What is … Read More

Fixed or variable? Pass me the crystal ball….

Women with CentsBlog, Mortgage

You’ve probably heard that we are in an unprecedented market in Australia’s history when it comes to interest rates. Why? Well, rates in the early 90s were at over 15%. Today, the interest rate set by the Reserve Bank of Australia is at 1.50% – which is a record low, and there isn’t a lot of room to go down … Read More