Agile Debt Solutions

The ABS predict that between 2023 and 2026 there'll be 100,000 baby boomers looking to sell their businesses. And yet at least 80% of these business owners don't have a succession plan. That is, they haven't figured out how to transition their business to the next generation. Whether you plan to pass the baton to someone already in the business, or find an external buyer, succession planning is crucial for a smooth transition. Have you made plans for your hard-earned business?

Did you know there’s more to applying for a home loan than simply getting approved? When we work together, we look at how the structure of the loan is going to support both your immediate and longer term property investment strategy. We want you to secure finance that works for you!

When it comes to money, mindset can be the difference between struggling and feeling comfortable. We've seen people with fantastic incomes live pay cheque to pay cheque. We've also seen people on modest incomes feel financially free – they have savings for a rainy day, they're paying off their home loan, and they know where their money's going. It's not about having a lot, but making the most of what you have, and this starts by being crystal clear on where you're spending your funds. Have you taken the time to reflect on your money mindset?

Got a question about mortgages? Post it below or send us a DM and we'll share our expert insights! #AskUsAnything

Your credit score exists to give banks an idea of how you manage your debts and financial obligations. When it comes to applying for finance, lenders need to make a decision about whether they can rely on you to pay them back - and your credit score will give them a good indication. You can keep your credit file healthy by paying your bills – including credit cards – on time. You also want to keep applications for credit to a minimum, because you don't want lenders thinking you're racking up debt left, right and centre. When was the last time you accessed your own credit file? Ask us how.

Looking for some extra cash to cover unexpected expenses or make a big purchase? Perhaps you're considering a personal loan. What suits you will depend on your unique situation and goals, but let's look at some of the pros and cons: PROS: – Flexible repayment terms to fit your budget – Competitive interest rates – Easy online application process – Fast approval and funding CONS: – Loans may have higher interest rates compared to secured loans – Late payments may result in additional fees – You may not get approved (if you apply with the wrong lender) Don't go it alone. Get in touch with our team today!

If investing in property is on the cards for you then you've probably heard about Capital Gains Tax (CGT). CGT is applied to the profit you make when you sell an investment property, shares, foreign currencies (and a few other types of assets). It won't apply to property you've inherited, provided you don't hold onto it for more than two years. We won't take you through all the ins and outs of CGT in a social media post, but be aware it's something you need to factor in when looking at expected ROI on your investment portfolio. By being aware of these numbers, you'll be in a better position to define your property investment strategy. Let us know if you'd like a recommendation for a good accountant who can help you crunch the numbers.

So, you’ve been working hard, clocking up some overtime, getting serious about your side hustle, winning more clients, or slowly climbing the corporate ladder. Your salary is healthier than ever, yet it’s not as though you’re saving, investing, or donating more. Where has it gone? Think gym memberships that never get used, extra streaming services that aren’t needed, more meals out. The antidote? A budget! Who's tried a budget that hasn't stuck? Who loves budgeting? Who can't think of anything worse?

Not all debt is created equal. Borrowing funds to finance a property purchase (that will increase in value) is one thing, and certainly not a bad thing.⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Bad debt is an entirely different beast. We’re talking credit cards, payday loans, even buy now, pay later services.⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ These types of debt can impact your chances of being approved for a home loan - so the sooner you clear them, the better.⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀ Get in touch for advice on what the banks will consider when assessing your home loan application.

We're big believers that building wealth has nothing to do with being able to buy 'things', and everything to do with freeing up more time - so life doesn't just happen to you. To us, prosperity is about clarity, confidence and choice. Having a clear idea on what's possible, the confidence that all will work out, and the choice to spend your time how you wish. Priceless. What do you think?