Top five reasons people get into mortgage stress
Top five reasons people get into mortgage stress. Mortgage stress is never far from the news in Australia, with years of historically low-interest rates and a booming property market, home ownership became within the reach of millions.
Uni students become more debt laden
Uni students become more debt laden. University students will feel the pinch even more as the indexation rate applied to HECS–HELP loans has jumped from 1 June 2022 to 3.9 per cent (0.6% per cent in 2021), the highest rate in a decade.
Can you actually afford to buy?
Can you actually afford to buy. There is so much pressure to buy a home to enter the property market these days that renters could be forgiven for experiencing a sense of failure if they are not planning to buy.
Keeping up with the Joneses
Keeping up with the Joneses. In a recent article on how renters can avoid fear of financial failure we referred to the pressure people feel to stray into unhealthy spending patterns out of the type of peer pressure known as ‘keeping up with the Joneses’.
Practical tips to organise your personal finances
Practical tips to organise your personal finances. In part 1 of this series on disorganised finances we looked at the importance of paying attention to your personal finances and how mindfulness is the ideal tool to help you make this shift.
Applying mindfulness to disorganised finances
Applying mindfulness to disorganised finances. There’s a tough but essential reality to face with your personal finances if you ever want to improve your situation.
What renters can practically do to improve their finances
What renters can practically do to improve their finances. In the first part of this series, we examined the mindset problem that can plague renters: fear of financial failure that comes with not owning your own home.
How renters can avoid fear of financial failure
How renters can avoid fear of financial failure. Whether or not it’s always true, renting your home rather than owning it is seen as a marker of financial struggle in Australia.
How a no-spend challenge can help your financial goals
How a no-spend challenge can help your financial goals. What if there was a simple way to change our damaging spending patterns?
Revisiting your 2022 goals
Revisiting your 2022 goals. Most of us recognise the importance of setting goals, but what happens when we break promises to ourselves and a goal suddenly looks unachievable?