This year I have again volunteered for the Financial Planning Associations's Ask an Expert program. Following is one of the questions I just received and my answer. The question Hello Matt, my husband & I own our own home but have a mortgage of nearly $300,000. It is an equity style loan, we only have … Continue reading Qn: How do we get out of debt?
"Did I just read that right?" I thought as I put down my coffee and twice re-read this paragraph: 'Consumers are still cautious about the debt they build up on credit cards. An analysis by card operator Mastercard shows that only 70.8 per cent of the total $46.9bn in credit card debt is accruing interest, … Continue reading Seventy percent of credit card debt accrues interest
With two interest rate rises already under our belts more people are asking me if they should be fixing their rates. Read on to discover the pros and cons and if fixing your interest rates may be right for you.