Episode 24

The magic trick to paying off a mortgage in a shorter time frame

In this episode we discuss the magic trick to paying off a mortgage in a shorter time frame, to save thousands in interest costs. The trick is that there is no magic trick – plain and simple. Like the dream of 7-minute abs, or 6-minute abs…. (but what about 5-minute abs!) it takes a bit of work to get it done.

We look at:

  • One simple strategy is to make your mortgage payments weekly, in addition to increasing your repayments.
  • With this formula you can halve your mortgage from a 30-year term into 15 years.
  • We’ll deep dive into ways to do this, but start with the single simplest and most effective way to crush debt.
  • Doing this can save literally thousands in interest payments and increase your financial freedom.
  • We also discuss different interest rates. Obviously with higher interest rates, you save a lot more.
  • Finally, we run through whether it’s worth investing the money instead, or repaying your debt.

 

Here’s a link to the Pay Yourself First Episode

 

 

 

The pros and cons of purchasing property overseas

Episode 36 The pros and cons of purchasing property overseas Welcome to Finance & Fury. Today we’re back talking again about property…and more specifically, buying property overseas. Some Australians have given up on the dream of buying property in Australia due to...

Say What Wednesday: The relationship between shares and property in Australia

Say What Wednesday The relationship between shares and property in Australia Welcome to Finance and Fury’s ‘Say What Wednesday’. Today’s question is from John. John asks, “What is the relationship (if any) between shares and property in Australia? Should we expect the...

Furious Fridays: The dark side of electricity price capping

Furious Fridays The dark side of electricity price capping Welcome to Furious Friday! I recently saw a news article about Australians being “promised new laws to slash up to $832 from their annual electricity bills” This article outlines; This is a “federal government...

Say ‘What’ Wednesdays: Is it time to jump ship? Should you sell your bank shares?

Say 'What' Wednesday Is it time to jump ship? Should you sell your bank shares? Today’s question comes from Jake. He asks “should I sell my bank shares, given the recent fall out from the royal banking commission?” IMPORTANT: This episode comes with a general advice...

Say What Wednesday: How to negotiate with real estate agents

Welcome to Say What Wednesday! Today’s question is from Mark; “Hi guys, lovin’ the show – I’m looking to buy my first place in Brisbane and I was just wondering if you have any tips on how to negotiate with the real estate agents and work out what price I should be...

Artificial Intelligence and Investing: The future is here

Episode 29 Artificial Intelligence and Investing: The future is here Today’s episode of Finance & Fury we’re talking about Artificial Intelligence taking over the ETF and investment market. The discussion was actually started by one of our listeners, Gabriel who...

Furious Friday: Is social media at a tipping point?

Furious Friday Is social media at a tipping point? Today we’re looking at the market environment for Facebook, Google, Twitter, YouTube etc… their costs are going to far outpace what their revenues will be. Are they on their way up, or on their way down? EU copyright...

Furious Fridays: What part of progress should governments have?

Welcome to Finance and Fury the Furious Friday edition. This is part 6 in the series, the second last episode of the series. So this is 2 more than expected in the series, which I guess is good for me. To do the last subject justice, I have broken it into 2 episodes...

Porsches, Paintings and Property Prices: Alternative investments and what they can mean for property and the economy

Episode 18 Porsches, Paintings and Property Prices: Alternative investments and what they can mean for property and the economy Alternative investments and what they can mean for property and the economy Classical Car Index The CommSec Luxury Vehicles Index lists the...

[Financial] New Year’s Resolutions: how to get ahead in your finances and be in a better position this time next year

Episode 16 [Financial] New Year's Resolutions: how to get ahead in your finances and be in a better position this time next year Welcome to the New Financial year – looking back on the year, are you in a better or worse financial position than you were this time last...

Pin It on Pinterest

Share This