Artwork

Content provided by Michael & Ali of Money Over 50 Financial Advisers and Ali of Money Over 50 Financial Advisers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael & Ali of Money Over 50 Financial Advisers and Ali of Money Over 50 Financial Advisers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

298 Be wary of living out of your home loan

13:16
 
Share
 

Manage episode 355814464 series 2872239
Content provided by Michael & Ali of Money Over 50 Financial Advisers and Ali of Money Over 50 Financial Advisers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael & Ali of Money Over 50 Financial Advisers and Ali of Money Over 50 Financial Advisers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If you have a home loan and can draw from it, that’s a good thing, right? Not necessarily. While having your income be paid directly into your loan account can reduce your interest, the negatives of doing this well and truly outweigh the positives.

In this episode, Michael and Dallas discuss what the negatives are, and why you are better off having your salary paid into your bank account, instead.

For more information, please visit www.mo50.com.au

  continue reading

337 episodes

Artwork
iconShare
 
Manage episode 355814464 series 2872239
Content provided by Michael & Ali of Money Over 50 Financial Advisers and Ali of Money Over 50 Financial Advisers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael & Ali of Money Over 50 Financial Advisers and Ali of Money Over 50 Financial Advisers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If you have a home loan and can draw from it, that’s a good thing, right? Not necessarily. While having your income be paid directly into your loan account can reduce your interest, the negatives of doing this well and truly outweigh the positives.

In this episode, Michael and Dallas discuss what the negatives are, and why you are better off having your salary paid into your bank account, instead.

For more information, please visit www.mo50.com.au

  continue reading

337 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide