10 ways to save fast for your first home!
TRANSCRIPT
Pars Financial Consulting Pty Ltd www.ParsFinance.com.au
1. Track your money Write down and monitor money
in and money out.
Get to know where you are you or can’t go anywhere!
2. Budget & save Plan a realistic but hard
enough weekly budget and make sure you pay yourself
first before you start spending. %80 of people can’t stick
to their budget!
3. Banking structure Optimise your bank account structure to make sure your
money works as hard as possible for you.
%60 of people have the wrong banking setup!
4. Renting smart
Downsize to small apartments and save $$$
Rent drains %25 of your
total income!
5. Bill smart Pay your bills on time but not
too early. Make it work harder.
Bills are %10 of the total income. Milk it out!
6. Tax smart Plan ahead for tax saving
strategies to max your return.
Professional tax advice can save you up to %100!
7. FHS accounts
Many people don’t know that first home saver accounts can be a great help to boost your
saving speed.
FHSA can save you up to $4,000 for FREE!
8. FHO grants
It can be as little as $7,000 up to $25,000 across Australia
depending on the state/territory and other T&Cs.
Let experts take the hassle
out of the paperwork!
9. Loan smart It’s not all about the lowest
rate. It’s a different world itself.
Visit a good broker and get the best loan ever!
10. Stamp duty smart
Make sure to take advantage of every possible concession.
Buy off-the-plan and pay
ZERO stamp duty!