2014

5 Questions to Ask before You Take a Short-Term Loan

If you ever find yourself a little short on cash a few days before payday, you might have considered taking out a short-term loan to tide you over until the money hits your bank account. Sure, payday loans have a higher interest rate than ordinary loans, but they can be terrific financial tools if you use them carefully. Here are five questions to ask yourself before you apply for one.…

Negative Gearing: A Basic Guide to Profiting from a Second Home and Saving on Tax

The prices of houses, in the long term, always seem to go up, which is why many investors find the housing market to be so promising. For those interested in making the most out of an investment property, below is a series of tax considerations to keep in mind. What Is Negative Gearing, and Why Should You Do It? Over the last couple of decades in Australia, a tax-saving strategy called ‘negative gearing’ has been extremely popular.…

I am a very goal-oriented person. When I set goals, I work towards achieving them. That's why I thought I'd start a blog talking about my money goals. When my goals are out there in the public domain, then I can start working towards them. Knowing that other people are watching and reading along with my progress of the financial goals is helpful in keeping me inspired. I want to get my debt paid off then start investing money into some ways to earn income without having to work. I hope this blog is useful to others working toward financial goals.