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Biggest money myths: finance experts reveal advice you should ignore


Biggest money myths: finance experts reveal advice you should ignore
Stephen Johnson, Economics Reporter For Daily Mail Australia
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Forgoing your daily cappuccino from the cafe won t help you buy a house sooner - and nor will keeping your money under the bed.
Financial experts have debunked the myth that Australians can save up for a mortgage deposit sooner by giving up on little luxuries.
Buying a home with a backyard is certainly getting a lot harder with median Australian capital city house prices in February alone surging by 2.3 per cent to $723,607 - or by 4.4 per cent in just three months, CoreLogic data showed. ....

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The biggest money myths: Financial experts reveal the advice you should never listen to


Forgoing your daily cappuccino from the cafe won t help you buy a house sooner - and nor will keeping your money under the bed.
Financial experts have debunked the myth that Australians can save up for a mortgage deposit sooner by giving up on little luxuries.
Buying a home with a backyard is certainly getting a lot harder with median Australian capital city house prices in February alone surging by 2.3 per cent to $723,607 - or by 4.4 per cent in just three months, CoreLogic data showed.
To get a loan, a potential borrower needs to save up at least $150,000 to cover a 20 per cent deposit and state government stamp duty. ....

New South Wales , Graham Cooke , Victoria State Bank , Heritage Bank , Association Of Superannuation Funds Australia , Australian Prudential Regulation Authority , Mystate Bank , Commonwealth Bank , Reserve Bank , State Bank , Rabobank Australia , Global Financial Crisis , Kevin Rudd , Bob Hawke , Superannuation Funds , புதியது தெற்கு வேல்ஸ் , கிரஹாம் சமைக்க , விக்டோரியா நிலை வங்கி , பாரம்பரியம் வங்கி , சங்கம் ஆஃப் சுப்பெறன்ணுஅதிோன் நிதி ஆஸ்திரேலியா , ஆஸ்திரேலிய விவேகமான ஒழுங்குமுறை அதிகாரம் , காமன்வெல்த் வங்கி , இருப்பு வங்கி , நிலை வங்கி , ரபோபங்க் ஆஸ்திரேலியா , உலகளாவிய நிதி நெருக்கடி ,