New to the world of finance? As with any other field, finance has its own set of terms and jargon that can leave outsiders and novices confused. In the following paragraphs, we shall share with you a number of common finance phrases and acronyms and their meanings to help you understand them. 1. Bull and Bear. We’re talking about money when we talk about finance, so what do these animals have to do with it? When you call someone a bull, he or she has a positive outlook of the market. So when the market is referred to as a …

Savvy property investors understand that it goes beyond finding the ideal property in a perfect location to win in the investment game. They also know how to use tax breaks or benefits to their advantage to achieve their investment goals. In this article, we shall share with you a number of these tax breaks and show you how you can benefit from them. 1. Negative gearing. This is probably one of the most common strategies employed by property investors to reduce their taxable income. This happens when the annual cost of the investment is more than the investor’s profits. For …

Typical Australian home loans have terms of 20 to 30 years. When you start to consider the amount of time you need to fully repay your mortgage, it feels more like a prison sentence than a way to fulfil your dream of acquiring your own home. However, there are ways by which you can potentially slash years off your current loan. Here are a few tips to pay off your home loan faster: 1. Make extra repayments. Majority of Australians take out variable rate loans. One of the reasons why this type of loan is ideal is that it allows …