Tag: "buying a house"
Having to save up and set aside the deposit for a new home can be daunting. The escalating costs of house prices and a decrease in supply of housing in already densely populated cities in Australia worsens the prospect of homeownership among many Australians. Saving money for a home deposit takes time, but if you [...]
More young Australians see themselves as lifelong renters now than ever before, as their prospect of home ownership dims due to soaring debt. Yet there is an 82.1% home-ownership rate amongst current retirees. So why is there a stark difference in home-ownership rates between generations?
The best time to start saving for retirement was yesterday, if you get my meaning. The ability of your money to earn interest in the bank or through investments is dependent on time: the more you have, the better off you’ll be.
You know that buying a home is a big decision. Pondering this important step, how do you know if it is the right one? Unfortunately there is no easy way to know. However, by taking a look at your financial situation, you can save money to reach this goal of a new home. Here [...]