Three simple ways to ease cost of living pressures
1) Keep track of your cash flow
A report this week showed that 300,000 Australian households are already spending more on their mortgage and essential living costs than they are earning.
Thousands more are expected to find themselves in similar circumstances in the coming months as the financial squeeze from higher interest rates and inflation intensifies.
A Tempus Wealth financial planner can help you create and manage a cash flow plan to ensure you stay on top of your family’s finances.
Click here if you’d like to talk about a cash flow plan
2) Switch to a more competitive gas or electricity provider.
Tempus Wealth has partnered with Home Now Connect to help you save on your gas and electricity bills.
Simply upload a recent utility bill to Home Now Connect’s online portal and within a minute, they’ll scan the market and show you how much you could potentially save by switching to a different provider.
3) Refinance your home loan
We may sound like a broken record, but data shows us that far too many Australian families are paying more interest to the banks then they need to.
Tempus Wealth can help you refinance your home loan to rates from as low as 5.24%. You may even be eligible to receive up to $4000 cash back from certain lenders for choosing to refinance with them.
If your interest rate is higher than 5.24% or if your fixed rate is expiring at any point this year, get in touch with Tempus Wealth today.