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Getting Poorer not Richer? Learn the Power to Unlock your Potential

“You can lead a horse to water, but you can't make it drink!” says Stu Varidel, Principal Adviser of Heart Financial Adviser. He went on to say: “This is a common saying when I discuss the key fundamentals of wealth creation. Sadly, it is partly because most Aussies don’t care or understand that their day-to-day actions are making them poorer rather than richer. It is partly ignorance as you only know what you know. With knowledge some very powerful changes to your financial behaviours can be made to significantly alter your financial dynamics and success. Alarmingly a lot of folk simply say that it’s all too boring!”

“You would think everyone would want to do much better financially but most sabotage themselves, I just don’t get it! Stu Varidel told Heart One Stop.

Here Stu examines some powerful incites:

Super is Boring! Super is boring despite the fact that it’s set to be most people’s most important asset in their lifetime.

Budgeting hard work! Budgeting is hard work. For many it’s too much hard work actually thinking about where our money is spent and whether it would be possible to find say $8,000 a year that could grow into a million or more over a person’s working life.

Too lazy? Switching bank accounts is too much like hard work when you know there are better deals out there. There’s that old chestnut “I haven’t got the time”, despite the fact that many people find time for many frivolous activities which will never improve our life.

A waste of time… I could go on, on and on but my arguments could only be contested by someone who is a burden to others and a threat to themselves!

Stop wasting money now! All this desperate thinking out loud and pleas for good sense to prevail with the massive revelation that the average borrower on a $350,000 loan, could save up to $90,000 over the life of a loan by switching from a big bank loan to another lender. And this warning story has even more importance when you know that 8 out 10 of all home loans are with the big banks!

How can you save $90,000? The big four advertise fully-featured loans 4.6% and 6.2%, along with hefty fees that are often more than $400 a year, while some of the smaller lenders are offering fully-flexible loans for as little around 3.5%, complete with a 100% offset account and no ongoing fees and some other great offers for other products. Some even offer low fixed rates with 100% offset accounts!

Right now, the best rate is 3.49%, according to Heart Mortgage Services. You could go up to the 20th best rate and that would be 3.54%. In any case I am certain that you can do a whole lot better than you are now!

Trick of the trade It is truly very easy, it is as simple as ringing us on 1300 861 143 and we can guide you through the process to a better future. We can help you stop thinking the money stuff is boring — the things you can do with money can make for an unbelievably interesting, exciting and rich life! We will help you be better and lead you to the waters of wealth as long as you are up for getting yourself richer!


This information is current as at 25/06/18. This article has been prepared by Heart1Stop, a social media brand owned by Heart Mortgage Services and Heart Financial Advisers. The information contained in this article is an overview or summary only and it should not be considered a comprehensive statement on any matter nor relied upon as such. The views expressed here are not those of Heart1stop, Heart Mortgage Services, Heart Financial Advisers, shareholders, directors or staff and associated contractors and business associates. This article has been prepared without taking into account any person’s objectives, financial situation or needs. Because of this, you should, before acting on any information contained in this article, consider its appropriateness, having regard to your objectives, financial situation or needs. Any taxation information contained in this article is a general statement and should only be used as a guide. It does not constitute taxation advice and is based on current laws and their interpretation. Each individual’s situation may differ, and you should seek independent professional taxation advice on any taxation matters. While the information contained in this article may contain or be based on information obtained from sources believed to be reliable, it may not have been independently verified. Where information contained in this publication contains material provided directly by third parties it is given in good faith and has been derived from sources believed to be accurate at its issue date. It is not the intention of Heart1Stop or Heart Mortgage Services and Heart Financial Advisers that this publication be used as the primary source of readers’ information but as an adjunct to their own resources and training. To the maximum extent permitted by law: no guarantee, representation or warranty is given that any information or advice in this publication is complete, accurate, up to date or fit for any purpose; and no party of Heart1Stop or associated entities as mentioned is in any way liable to you (including for negligence) in respect of any reliance upon such information. This article may also contain links to websites operated by third parties ("Third Parties") who are not related to Heart1Stop. These links are provided for convenience only and do not represent any endorsement or approval by us.

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