- Genre:business & economics
- Sub-genre:Personal Finance / Retirement Planning
- Language:English
- Pages:52
- eBook ISBN:9781483503271
Book details
Overview
After having a good look at the finances of many Australians he has come to the conclusion that most Australians are financially worse off at retirement. 67% of Australians who retire at 65 years old earn less than $ 30,000 a year. Only 4% of Australians earn more than $ 30,000 a year at retirement. What happened to all the money they earned during their lifetime ? It has gone to pursue the ultimate Australian dream of buying a house.
This book should be read by anybody who wants to buy a house. It is a small but powerful book to give a prospective house buyer to think again.
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Many people have conflicting thoughts about buying a house. Most of them decide to buy a house because someone else known to them has bought a house. They say " most people buy things they do not want, with the money they do not have, to show people they do not like." The decision to buy a house on mortgage payments is a very serious decision. This may eventually be a very big burden on the family's financial resources. Therefore, as in many serious decisions in life, a small advantages and disadvantages chart has to be done before embarking on a house buying venture. This book will serve you as this chart and enlighten you to get the knowledge to be able to make a serious decision whether to buy a house , or keep renting.
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