by Anne-Marie | Nov 3, 2022 | The 7 Steps to Money Management Success
Define your buckets and the categories within each! You now have a clear understanding of what you have ‘actually’ been spending your money on. This usually raises a few surprises. After getting over the initial shock, it’s usually liberating as you discover areas... by Anne-Marie | Nov 3, 2022 | The 7 Steps to Money Management Success
The more detail the better! Grow ‘essentials’ – These are regular necessities and set payments which could include loan repayments, rates, electricity, gas, water, phones, insurances, childcare, nanny, pay-tv, online movies, school fees, internet, clothing and... by Anne-Marie | Nov 3, 2022 | The 7 Steps to Money Management Success
We ideally recommend going over your bank statements back in time over the last twelve months. Download your transaction history in excel format from your internet banking to capture all payments Time estimate – 1-2 hours. ... by Anne-Marie | Jul 25, 2022 | How your money goals determine price point
Money Goal – Cash savings buffer Maintaining a cash buffer after you purchase property is arguably the most important mechanism to managing your risk. This enables you to maintain a safety net for any future cash flow challenges, such as sickness, accident,... by Anne-Marie | Jul 25, 2022 | Why Money Management success determines property investment success
Minimise spend on depreciating assets Purchasing depreciating assets will impact your success with Money Management. The most expensive depreciating asset most people purchase is a car, unless you’re super rich and you can also afford a private jet or yacht! The value...
Recent Comments