Nick Rabba - Finance Broker - Inovayt

Australia has a progressive income tax system meaning the more you earn the more you pay.

Every dollar earned after making $190k you will be paying 45c in tax.

Save 10 years on your mortgage by:

- Switching to fortnightly repayments.
- Making extra repayments.
- Keeping your savings in an offset account.

Stay tuned for more value adds.

The fastest way to save is to avoid expensive trips, car loans and designer items. Living with your parents also helps.

This assumes eligibility for the first home guarantee scheme also.

You can leverage into your an investment property with $0 by using your equity!

Get in touch if you wanted to explore your own borrowing capacity.