by Elise Vine | Jun 9, 2021 | Blog
Long term interest rates are on the rise, so it’s a good time to think about fixing for 5 years while the rates are still good – but only if this actually works for your situation! The main banks had been offering 5 years fixed at 2.99%, but as of February this year...
by Elise Vine | Jun 2, 2021 | Blog
Having debt can be really stressful! The thing is, it happens. Getting on top of it takes a bit of planning. Sometimes we can find ourselves in a situation where we have multiple debts – a few thousand on a credit card, finance for the car you bought a couple of...
by Elise Vine | May 6, 2021 | Blog
We’ve written about Credit Cards before (that blog post here), the good and the bad aspects. Now we’re going to delve a bit deeper into how credit card debt works. What is the cost of your credit card debt if you only pay the minimum repayments? Spoiler: it’s a lot. A...
by Elise Vine | Oct 15, 2020 | Blog
Let’s talk about Credit Cards – when they work for you, and when they don’t. Credit is great, we use credit to buy things that we haven’t fully saved for. When we buy a property (a home or an investment), often the only way to buy it is by using...
by Elise Vine | Sep 22, 2020 | Blog
What does it actually mean when you hear people talking about pre-tax and after-tax dollars? As an employee you earn wages which are taxed (PAYE), so when you spend your wages you are using “after-tax dollars”. If you earn $50,000 before tax your effective tax rate...