Bill shock, especially here in Australia is a very real thing. Over the last decade the cost of electricity has gone up more than 250%, it's insane! Most know that solar can help with it but so many still don't have it installed on their roof yet. If that's you, you're missing o
You're being forced to stay at home. You're bored and looking for something to do. Everyone seems to be having lots of sales so why not get that widget thing you've wanted for a while now that it's on special? There's lots of good reasons to be tempted to spend your money so today I'd like to interject.
Landlords are facing big changes in the market currently and many have seen an impact not only on the value of their property, but also on their rental income. So what steps can a landlord take if their tenant has asked for rent relief?
We’ve said it before and we’ll say it again. There is no magical way for you to instantly Mutilate your Mortgage and have it disappear. The single, most direct and efficient way to kill a mortgage is to pay more towards it regularly. Today though I want to look into how your loyalty to the banks could be costing you thousands of dollars a year, all while providing you no extra benefits.
Over the past few months COVID-19 has claimed hundreds of thousands of jobs just in Australia alone. There are expectations that we already have unemployment rates above 10%. It's now more important than ever to kill that mortgage for good.
The past few months have been quite the wild ride. I've purposely avoided discussing COVID-19 to ensure I can read widely and assess everything thoroughly before writing about it in depth here. So today I want to focus on the economics impacts of it and hopefully help you better understand what's happening and going to happen.
Today’s guest post comes from Patricia Sanders who is a freelance writer with a knack for rentals and mortgages. Take it away Patricia! If you decide to purchase a rental property, you should consider it Read more…
Reduce your power bills forever with our new simple, step-by-step course on how to buy solar without getting ripped off!
Did you know that paying off your mortgage in 10 years can be setup quickly and is in fact very easy to do? It's true! Just a quick alteration in how you pay your home loan can save you hundreds of thousands of dollars. So what are you waiting for??
Most people's hobbies cost them money. They're something they "cut back on" when times get tough. When you're hobby is going out to dinner every week (or multiple times per week) it obviously has to be dialled back a lot if you're wanting to put as much money as possible into killing that mortgage. But there is another way...
Symptom and disease. Often associated with your physical health I'd today like to look at them from the angle of your happiness and spending. An angle that involves a broader array of diseases and how recognising them can save you a ton of money!
Sometimes we get a bit advanced here at Mutilate The Mortgage and while I think that's a good thing as so many regular news sites just repeat the same old low level garbage ad nauseam, today I'd like to focus on a pretty basic part of the whole finance subject. The budget.
Paying off a mortgage is a long chore to do and there's really only two ways you can make it go quicker, cut back on your expenses or increase the amount of money you make and save. So today we're going to talk about earning more with solar and specifically how to make sure you chose the right installer for the job.
Whether it's through changing jobs or moving up the chain your salary should be increasing over time especially straight out of uni. But a question you should always have an answer to is what will you be doing with this newfound wealth? Will you be squandering it... or using it wisely?
Doing can take 10x as long as learning not to mention it can often be a constant up hill battle. So today I'd like to address this and show you why one of the best things you can do to make yourself richer and happier is to solve for time.
Check out our huge New Years Sale with over 75% off ALL of our fantastic courses! Bring in the new year by giving yourself a huge advantage over everyone else. At the same time you can support this site and help us grow so that more people can learn to have a better, richer and happier future.
While some say cash is king the truly wise know that money is worthless unless you have the time to make good use of it.
Too often finance pieces drone on and on about "cutting back" or starting a budget when it comes to expenses but that advice clearly doesn't work. If it did, then everyone would be happily spending within their means and having tons of left over money to invest or kill their mortgage with. Instead lets save money and have fun!
Whether or not the RBA decides to lower the cash rate this month, it won't change the fact that current mortgage interest rates are super low. For those that are old enough to remember a time before sub 3% home loan interest rates you might be asking yourself, how much longer is this all going to last??
While there are many reasons to pay off a mortgage fast, one of them seems to be something most don't usually think about. For over 28% of 55+ Australians, paying off their mortgage is still part of their daily lives. This adds a huge burden to their retirement which could have been entirely avoided.
Frugality is about being frugal, thrifty or prudent in consuming resources such as time, money or even food. At it's heart it's about not necessarily spending zero money, but I think at least, getting great value for the time and money you put in. So how does being frugal to your home loan apply exactly?
Worried about your mortgage payment? A lot of people are. Mortgage stress is one of the biggest concerns for families all over the world. But if this is something you deal with it doesn't have to be. Read on as we explain 3 simple and clear steps you can take to ease this almost never ending burden.
Recently Home Loan lending rules have been in the news due to a number of various reasons. From the ASIC case against Wespac that got dismissed last August to the Royal Banking Commission it's been discussed a number of times. But what are lending rules for and why have they been changing?