Monthly Archives: September 2011

Kids AND a Mortgage – Is it Possible? Solution Five: Refinance

The borrowing situation has improved a lot in the last 12 months and there are loads of deals to be had. Unfortunately your lender is unlikely to be willing to offer you a deal until you’re walking out their door … Continue reading

Posted in Kids AND a Mortgage, Refinancing | Tagged , , , , | Leave a comment

Kids AND a Mortgage – Is it Possible? Solution Four: Start a Trend, don’t buy your kids Everything

As a parent I feel a constant pressure to keep my child up to date with the latest cool gadgets around – especially if little Johnny up the road has one already. I’m also guilty of buying way too much … Continue reading

Posted in Home Loan Help, Kids AND a Mortgage, Saving Money For Your Kids, Teaching Your Children About Money | Tagged , , , , | Leave a comment

Kids AND a Mortgage – Is it Possible? Solution Three: Buy something and rent it out for 6 – 12 months while you live with your parents

It is possible to save a huge amount of money by moving in with close relatives (typically it’s only parents who will put up with this, though siblings are an option too) and sharing living costs for a while.

Posted in Home Loan Help, Kids AND a Mortgage, Saving Money For Your Kids | Tagged , , , , , | Leave a comment

Kids AND a Mortgage – Is it Possible? Solution Two: Buy Somewhere Cheaper

Have you thought of a Sea Change or a Country Change? There are a number of government grants available in different states to people considering moving out of the city to rural areas. By “rural” we mean…you can still live … Continue reading

Posted in Kids AND a Mortgage, Saving Money For Your Kids, Teaching Your Children About Money | Tagged , , , , , , , , | 1 Comment

Kids AND a Mortgage – Is it Possible? Solution One: Buy Something Cheaper

It’s really hard to skip over the bright and shiny and settle for mission brown, but it’s even harder to keep up with a mortgage that you can’t afford. So when you’re looking for your home, think small, think structurally … Continue reading

Posted in Kids AND a Mortgage, Saving Money For Your Kids, Teaching Your Children About Money | Tagged , , , , , , , , | 2 Comments

Kids AND a Mortgage – Is it Possible?

The US Department of Agriculture recently reported that the cost of raising a child born in 2008 to the age of 18 in a middle income family is about $291,570 (that’s factoring in inflation). Assuming that the typical Aussie family … Continue reading

Posted in Kids AND a Mortgage, Saving Money For Your Kids, Teaching Your Children About Money | Tagged , , , , , , , , , , | 1 Comment

How to Deal with Mistakes on Your Credit Card Statement

Inaccurate charges that appear on credit card statements happen because of any number of human and computer mistakes. Duplicate charges are usually filtered by computer programs that are designed to prevent multiple charges for the same purchase. Fraudulent charges are … Continue reading

Posted in Bank Information, Credit Card Advice, Guest Posts | Tagged , , , , | Leave a comment

The 10 Potential Pitfalls of the Balance Transfer

Transferring your current credit card balance to a credit card offering an introductory deal is a great way to reduce your debt obligations. When you take advantage of these promotions you have the ability to significantly reduce the amount of … Continue reading

Posted in Balance Transfer, Credit Card Advice, Financial Stress, Guest Posts | Tagged , , , , | Leave a comment

Can I Afford This Mortgage for 25 years?

A mortgage is a massive commitment. In fact the traditional time commitment of a mortgage is the same as a life sentence in gaol…hmmm coincidence? That is the number one thing you need to remember when considering how much you … Continue reading

Posted in Bank Information, Budgeting Advice, Financial Stress, Home Loan Help, Interest Rates, Understanding Banks | Tagged , , , , , , , , , | 1 Comment