When should you refinance an investment property?
With hundreds of thousands of mortgages rolling off fixed rate terms and property owners facing…
We love helping people get home loans, and our friends at The Blossom App love helping people save. They make it pretty rewarding too, when you can collect up to 7% p.a. in targeted returns, posted daily.
Whether it’s a deposit for a new home, a new car or a trip to New York – the team at Blossom are experts in making saving easy, and faster. Here are their 3 top tips on boosting those savings:
1. Start now
If you’re not in, you’re out. Each day you put off saving sets you further back from getting that house, or that holiday, and means you’re not only less likely to reach the end goal, but you also miss out on the ripple effect across all areas of your life – the thing that happens when you start making progress towards something you set out to do.
2. Budgets or bust
Setting up a budget is more rewarding than most people think. Lots of us avoid this kind of plan without realising that it’s the clarity on the steps that take you from Point A (today) to Point B (you’ve achieved your financial goals) that’s hugely motivating, and probably not as hard as first imagined. Try it out in Blossom’s simple budget template.
3. Make it automatic
One of the easiest ways to save money is to automate it – for example a monthly automatic transfer from your everyday account. This way you’re making progress literally without lifting a finger, and you can’t accidentally spend it.
Want to know more about the Blossom App?
The Blossom App is helping thousands of Aussies hit their savings targets faster.
With Blossom, you enjoy:
It takes just a few minutes to get set up (individual, company or trust) – find out more about Blossom App here.
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We can help get you into your new home.
We’ve worked with clients across Australia to access the different first home owner grants (FHOG) as well as the various stamp duty and other concessions that may be available depending on which state you are in. We can talk you through your various options as well as helping you compare things like buying vacant land vs. an established home.
Use our online calculators to work out how much you can borrow, loan repayments, stamp duty and lots more.