When you're earning more it’s great opportunity to spend the same and start saving. However, money in the bank doesn't pay much interest - especially after tax.
So, if you're thinking about investing in your financial future, it’s worth remembering that, for many Australians, property is the key to creating wealth for life. If you already have a mortgage, consider paying more (see How to save money on your home loan). If you are renting you should consider buying your first home now you're earning more. Have a home? Improving your own home can be both a sound investment and a way to enhance your lifestyle (see Renovating a home).
Even if you're still living at home, you can start with an investment property - a small unit is often a good, affordable first step into a high-priced market. Whatever you choose, we can help you work out the best choice in the money side of things, simply and efficiently.
You have quite a few. Discover more about your options and how we can help you by clicking on the links below: