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Navigating the rising cost of living: How we can help you

Oktay Sengoz

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25/10/2023

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1 min read

In recent times, the cost of living in Australia has been a concern for many households. As professional mortgage advisors, we understand the financial strain many Australians are facing. However, there are ways we can help you navigate this challenging period. Here are some ideas to alleviate the cost of living pain:

Mortgage refinancing

With interest rates going from historic lows to the fastest increase in history, this might be the perfect time to consider refinancing your mortgage. Lowering your interest rate can lead to substantial savings on your monthly mortgage payments, providing more breathing room in your budget.

Consolidate debts

If you have multiple high-interest debts, consider consolidating them into a single, lower- interest loan. This can make your monthly payments more manageable and reduce overall interest costs.

Emergency fund

Building an emergency fund is crucial for handling unexpected expenses without going into debt. We can help you create a savings plan to establish and maintain this financial cushion.

In these trying times, it's essential to remember that you're not alone. As professional mortgage advisors, we're here to support you in navigating the rising cost of living. By implementing these strategies and working together, we can help you regain control of your finances and secure a more stable future. If you have any questions or need assistance with any of these ideas, please don't hesitate to reach out. We're here to help you thrive, even in challenging times.

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