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Boxing Day or the second day of Christmastide, is celebrated the day after Christmas. #Christmas #BoxingDay #BoxingDaySale #Shopping

During the 1830s in Britain, it was a custom for tradespeople to collect "Christmas boxes" of money or presents on the first weekday after Christmas as thanks for good service throughout the year. In Europe during the Middle Ages, it is believed to be in reference to the Alms Box placed in areas of worship to collect donations to the poor. 


These days it is synonymous with the Boxing Day Sale. For many merchants, Boxing Day has become the day of the year with the greatest revenue. Aussies are expected to spend $2.45 billion on Boxing Day online and in store, according to finder.com.au. David Jones stylist Amanda Edey says “Get in as quickly as you can for the best pieces and the best sizes, that’s how you’ll really snag the perfect bargain.”
But don’t despair if you can’t get to the shops straight away, as most sales continue all the way through January. Also keep in mind your finances, do not go overboard on your credit. Buy what you need and will use. Buy the staple classics that will stay in style over the year.


Contact Madhu on 0425 341 086 to manage your finances so that you can plan your shopping- clothes, shoes, electronics or homes. Read more articles and leave your comments on Facebook.

Here are our expert tips for a brighter New Year

jan new year

1) Max out your Super contributions and take advantage of the annual limits #Planning #MoneyMatters #HomeLoan#20172018

2) Dump do-nothing credit cards in favor of New Year specials like 0% interest rates, travel points and cash back opportunities. #CreditCard #NewYear #2018

3) Be prepared for whatever: Set aside one month’s salary for emergencies.

4) Reward yourself: Use the credit card points you’re racking up to buy something just for you.

5) Partner up: An experienced Financial Planner can do wonders for your finances. Making good decisions all year long is easier with the right planner.

Contact Madhu on 0425 341 086 or loans@financeandmortgage.com.au to plan your finances in the coming new year.

 

This is a must read if you own a property or plan to buy one

property growth

1) Inflation: Though we are in the lowest inflation rate in the last 17 years, Australia’s unemployment rate is at a stable level and the economy is ticking along well, even though both company profits and wages are down. #Inflation #HomeOwners #HomeBuyer
2) Buyers Mix: APRA's cap on annual investor credit growth at 10% has worked well to a point as rental returns have dropped. However, the property market, remains buoyant even after several years of high price growth in cities like Sydney and Melbourne. Total housing credit has been up this year (at least for owner-occupiers) and this usually means there are plenty of property buyers out and about and wanting to borrow money. #HomeLoan #Mortgage #Sydney #Melbourne #FirstHomeBuyer#FHOG #FirstHome
3) Supply – Demand: Affordable and desirable suburbs and accommodation type are always limited causing a high demand- low supply situation. One reason high demand for property is the relatively cheap cost of home loans in recent years. #InterestRate #CheapLoan
4) Affordability – Wages- Rates: RBA’s concerns about low inflation, boosted by rate cuts are part of a broader view to ward off inflationary pressure. The housing market boom is a by-product of this.#RealEstate #PropertyMarket
5) Historical and Projected Capital Growth: Over the past 20 years, general property inflation has been low and stable, consistent with the inflation target. However the property price growth in the recent times, that it has outstripped the rate of inflation in other parts of the economy, including inflation in the cost of new dwellings.

To make the most of the current property boom and for the best interest rates for you, contact Madhu on 0425 341 086 or like us on Facebook for regular updates.

Venturing into the unknown

the-journey

As an entrepreneur, when you are expanding into new territory , you’re not always equipped with a GPS. However, you can still map out your journey if you ask the right questions. The right questions will uncover the road you need to take, and help you to identify the obstacles that you may face.

Once you have this knowledge, you can then take steps to remedy the obstacles and expedite your journey into successfully establish your business in the new territory. #motivation #mentor #unknown #brandawareness #competition
Questions should be asked in the following areas to help you to extract
the insights from the sources and give you direction on how you should
approach your business expansion:
1. Responsiveness: Are consumers unresponsive to the benefits offered
by your brand?
2. Trust: Do consumers lack the confidence that you will deliver for
them the benefits of your brand?
3. Competition: Do consumers believe they already have these benefits
through another brand?
As you collect data from answering these questions, you will be able to identify certain obstacles - or gaps - which you will need to manage in order to ensure that your growth plans are successful.


I have successfully built a business by asking the right questions and then evaluating my chances. Ask Madhu your questions on 0425 341 086 or at loans@financeandmortgage.com.au. Read more on Facebook.

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