Learn how to understand and gain control of your money with a free comprehensive six-step strategy from money on deck. This step-by-step guide provides simple ways to understand and control your debt and expenses, grow your income, set goals for your savings with high-interest, and build long-term wealth.
At its core, debt recycling involves the strategic use of home equity to invest in income-generating assets. The process entails paying down your non-deductible home loan and then redrawing the same amount to invest in assets like shares or managed funds. This approach effectively converts a portion of your home loan into an investment loan, the interest on which is typically tax-deductible.
Having access to money when you travel is essential, and if something happens where you can’t access that money has the potential to ruin your entire trip. Unlike losing your suitcase or backpack where you can typically go and buy a new one, admittedly with some inconvenience. When you can’t access your money, you’re usually in a real jam. So, this is why I have back-ups and separate out our money into buckets.
Building upon our first travel-focused post on Extreme Goal Setting: Crafting a 5-Year Travel Plan, flights are often the biggest expense when planning an international voyage. But don’t let the high seas of airfare prices leave you stranded! With the right tools and strategies, you can navigate your way to incredible savings and smoother journeys. Let’s hoist the sails and dive into some practical tips to help you save money and make your flights more comfortable.
With the 2024 year coming to a close, we have taken a look at our investment performance for the year and are really happy with the results.
Superannuation, or "super," is a key part of financial planning for Australians. It's designed to help individuals save money for their retirement. Despite its importance, many people don't fully understand how super works or how to make the most of it. This guide will explain what superannuation is, how employer contributions work, and the benefits of contributing extra early in your career.
When Treasuries sway, portfolios feel it. Here’s why some add gold, bitcoin and ethereum—and why a few US firms now hold BTC in treasury.