Can your finances take an interest rate rise?

Can your finances take an interest rate rise?

Interest rates to rise in 2017 Interest rates are expected to rise this year, according to research by Digital Finance Analytics.  Are you one of the 20% of homeowners so stretched, they couldn’t meet the repayment costs of a minimal 0.5% rise? What about one of the 25% who would struggle with a 1% rise? Or maybe one of the 42% who would face financial pressure if home loan interest rates were to increase from the recent (historic low) average of 4.5% back up to the long term average of 7%. Investors face cash flow squeeze Data from the Australian Bureau of Statistics points to wage growth being too low […]
The Value of a Butler – the nitty gritty

The Value of a Butler – the nitty gritty

Imagine you have a Bill Butler, someone to take multiple worries off your plate: Bill and Debt Payments are managed, but remain under your control.

Cash flow is smoothed because the Butler looks at your outgoings and manages a reserve of cash so “spikes” won’t see you resorting to credit cards or expensive personal loans.