Posted in Building Wealth

A bad credit rating and renting, we thought it was never going to be possible to secure our own home. We had always dreamed of owning our own home but I had a bad credit rating when I was younger.  After renting for so long, the time came yet again when our rent was put up, the house was not worth what they were asking us to pay. The hassle of moving from house to house and the ongoing maintenance that took forever to done, we decided renting was no longer for us. It was time ...

Why you should beware of these five ways banks promise to 'make your life easy'. We have a question. Is today's obsession with convenience and having everything at our fingertips actually our biggest financial weakness?

There's no doubt Australians today are spending more time than ever on mobile devices, shopping online and using electronic transfers to manage the family budget. But, I fear this drive to make everything convenient, easy and quick is causing us...

Building our dream home. For some time we had been thinking about building our dream home, but just weren't sure if it was possible and achievable. We were living in a home we had purchased 8 years ago and we always knew that it would not be our forever home. We had outgrown our home and we were ready to make the next move, but we were unsure how to go about it. This is when we were referred to John and the team at FinancePath. When we first spoke to John, we explained all our ...

1. First Home Buyers There's a little bit of good news for first home buyers looking to save up a deposit for their first home. The 2017 federal budget states that they will be able to use their superannuation to assist with saving for a deposit for their home from 1 July 2017.
First home buyers will be able to salary sacrifice up to a maximum of $30,000 or $15,000 per year from their pre-tax income. This is over and above the compulsory superannuation contribution they currently...

Over the last 6 months this is one of the most common questions I have been asked. It's not a new question. It comes around every so often, normally after clients have read an article in one of the daily newspapers or watched a Today Tonight expose' on the crash that has to happen. I myself read an article last week that shared an overseas investment research houses assessment of our property market. For an overseas research house it was quite balanced and thorough but like...