标题: some tips on Financial Management by Jan Somers [打印本页] 作者: catherinechen 时间: 18-8-2015 20:41 标题: some tips on Financial Management by Jan Somers To share some useful tips on Financial management , from the Book More Wealth From Residential Property by Jan Somers作者: catherinechen 时间: 18-8-2015 20:43
1. Prepare a Budget
telling your money where to go instead of wondering where it went.作者: catherinechen 时间: 18-8-2015 20:45
2. Fix the interest rate.
it depends on individual.作者: catherinechen 时间: 18-8-2015 20:46
3. take interest-only loans.作者: catherinechen 时间: 18-8-2015 20:46
4. set up a credit line ( or off set account)作者: catherinechen 时间: 18-8-2015 20:47
5. reduce tax instalments作者: catherinechen 时间: 18-8-2015 20:48
6 aim for a reasonable LVR (Loan to value ratio)作者: catherinechen 时间: 18-8-2015 20:49
7. do not count on unreliable income作者: catherinechen 时间: 18-8-2015 20:50
8 do not speculate.
slow steady growth is what makes property investment work. 作者: catherinechen 时间: 18-8-2015 20:52
9 look into rental protection insurance.
my personal experience , it is a must.作者: catherinechen 时间: 18-8-2015 20:52
10. consider income replacement insurance.作者: catherinechen 时间: 18-8-2015 20:53
11. avoid external partnership.作者: catherinechen 时间: 18-8-2015 20:53
12. make a will.作者: catherinechen 时间: 18-8-2015 20:54
13. gain more knowledge作者: catherinechen 时间: 18-8-2015 20:55
14. do not get too greedy.