Mastering Credit Card Debt, paying it down or is balance transfer a good option?
Credit cards can be super handy – you buy stuff now and pay later! But watch out, you don’t want to end up swimming in debt. Here are some friendly tips to help you get out of credit card debt: Pay More Than the Minimum: Don’t just pay the smallest amount due each month. Try […]
Debunking 10 Myths for Your First Home (or Next Purchase)!
Embarking on the journey of homeownership, whether it’s your first step onto the property ladder or your next move, can be filled with excitement and anticipation. However, it’s often accompanied by a plethora of myths and misconceptions that can cloud your path. In this guide, we’ll debunk 10 common myths surrounding buying a home, empowering […]
Competition Alert! Win a $500 Gift Voucher! 🌟 Are you a savvy saver?
Cozzie livs is a killer this year so help us compile a list of all the great ways you can save money! At Mynt Financial, we understand the importance of smart saving strategies in today’s challenging economic climate. Whether you are saving for a home, paying off your mortgage, getting rid of debt or saving […]
Ever wondered why your friend, work colleague, or family member has a better home loan interest rate than you?
Here are just some of the top reasons that could affect your home loan rate. Credit Score: Individuals with higher credit scores often qualify for lower interest rates. Lenders view them as lower-risk borrowers, leading to more favourable loan terms. Loan-to-Value Ratio (LTV): Borrowers who have a larger deposit or more equity in their property […]
“Combatting Financial Stress in the Workplace: Building Healthier, Happier, and More Productive Teams”
Financial stress can significantly impact the health, morale, and productivity of Australian workers, unfortunately, it’s common in the workplace. Over one in four Australian workers express low confidence in their financial position and struggle to make ends meet. From an employer’s perspective, financial stress can hamper workplace performance and overall productivity. Financially stressed employees are […]
Why do more than 70% of people now use a mortgage broker?
With the latest statistics suggesting that over 70% of consumers are now opting to use a mortgage broker rather than go directly to a bank for their home loan, let’s ask the question why? What is the difference and is it really worth it? Sitting down with Josh, Director of Mynt Financial, he gives us […]
Saving the Day. $41k saved this week with Mynt Financial
In this success story, we had the opportunity to assist a customer who had faced financial difficulties with dishonors and late credit card payments. Through careful analysis and tailored advice, we were able to recommend a strategy that not only resolved their banking issues but also resulted in significant interest savings and a shorter loan […]
Saving the Day. This Week’s $4.5k savings with Mynt Financial
Our mission is to go above and beyond for our clients, ensuring that we leave no stone unturned when it comes to finding ideal mortgage solutions. This week @Mynt Financial. The Challenge: We encountered a scenario where one of our clients found themselves unable to refinance their mortgage due to various circumstances. Despite their efforts, […]
Future Homeowners in Training: Nurturing Financial Literacy in Children
As parents, we strive to equip our children with the knowledge and skills they need to thrive in the future. One crucial aspect of their development is financial literacy. By instilling financial knowledge from an early age, we can empower our children to make sound financial decisions, including their journey towards homeownership. In this blog […]
Want to pay off your home loan 5-7 years earlier and save money on interest?
Let’s consider an example to illustrate how paying extra off your mortgage each month can save years off your home loan: Assume you have a 30-year fixed-rate mortgage with a principal amount of $250,000 and an interest rate of 4%. Your monthly mortgage payment (principal and interest) would be approximately $1,193. Now, let’s say you […]
