WHAT?: If we can’t save you money on your mortgage we will give you $400 cash. HOW?: Attend a “Mortgage Review and Rewrite” (“MR&R”) appointment with The Wealth Centre and we will calculate the figures. WHO?: Anyone who has a mortgage with one of the Big 4 banks can apply for the MR&R offer. COST?: [Read more…]
Bank loses $134,649 in free money
Remember my Baby Boomers are Lazy blog? We explained how the banks were taking an $27.4 million / month of FREE money from Australian families. Here is an case we had this week which proves the point I was making A TWC clients has a $375,000 mortgage over a 30 year term, A TWC broker makes two [Read more…]
Women will be worst off
Figures released state nearly 50% of the population retiring between 2016 – 2055 will retire poor. They will not have enough to live comfortably. Comfortable retirement equates to $58,000 per year for couples and $43,000 per year for singles. (Figures released for the Association of Superannuation Funds of Australia’s retirement standard) The worst off will [Read more…]
anti-government quote
In 1991 Mr Kerry Packer uttered his famous anti-government quote: “Of course I am minimizing my tax (and then addressing the crowd said) … if anybody in this country doesn’t minimize their tax they want their heads read …” And that is the truth of it. If you haven’t already done so you need to [Read more…]
Are you growing your debt or investment?
We all know successful sports teams and businesses have coaches. Coaches are responsible for the wins and achievements. They supply the knowledge and tactics required for the game to achieve the best results. In fact if a team continually loses games they don’t replace the team they replace the coach. However what a 95% of [Read more…]
Car salesman tactics … Dec is car sales month.
John Wilson, TWC’s Plant and Equipment specialist broker has listed his essential tips when buying a car – personal or commercial. The biggest tip being around Finance (tip # 6) 1. Trade in or private sale. Trade-ins are convenient. However ask for the ‘changeover price’. A higher trade-in price often results in a higher [Read more…]
Baby boomers are lazy!?!
Fun chat fact An industry expert told me baby boomers are ‘mortgage lazy’. As a baby boomer myself this caught my ear! She explained 39% of Australian mortgage holders in Australia are ‘giving’ banks an extra $27.4M per month ($328.2M per year) in interest and fees and … most of these people were baby boomers. [Read more…]
