Kim and her husband have separated but still maintain joint finances. This is not sustainable, says Paul Clitheroe.
Paul Clitheroe AM is a respected financial adviser and Money’s chairman and chief commentator. He is chair of the Australian Government Financial Literacy Board, and author of several personal finance books which have sold more than 600,000 copies. Email Paul your question (must be 150 words or less).
We are about to relocate to Melbourne from Perth for five years. What should we do with our family home?
At 6am on a Sunday morning the phone rings. I was half asleep, which is of course part of the scam, but the conversation went something like this.
Anthony owes $300,000 on an investment property in regional NSW. Should he invest in Sydney and sell the regional property? Paul Clitheroe offers advice.
Housing prices in Sydney, Melbourne and Brisbane are not likely to fall. It’s common sense.
Anna and Graham’s son has been left with a pittance in super after fees and insurance are deducted, and Paul Clitheroe is not happy.
We put all our savings into a deposit to buy our dream home, now the bank’s desktop valuation came in $25,000 less than what we paid for the property.
Paul has $300,000 in savings but his job has made him wary of debt. He asks Paul Clitheroe if it’s time to buy a home.
Cassandra’s parents went guarantor for a large chunk of her mortgage. Should she pay them back or keep money in offset?
Helen has just been told she will receive a $250,000-$300,000 inheritance. Paul Clitheroe advises her on how to manage the windfall.