Money Matters PJ Patterson

Debt recycling is a strategy that aims to help you pay off your non-deductible debt (eg your home loan) as quickly as possible, while also building up your wealth in a tax-effective way over the longer term. It involves replacing or ‘recycling’ the debt in your family home with tax-deductible debt from investments.

The world runs on energy. Without it, lights don’t shine, motors don’t rev, and ovens don’t warm. Largely fueling these outlets are resources, such as coal, crude oil and other fossil fuels. But these resources are finite, not to mention costly, both in terms of expenses as well as environmental standards.

Setting short-term, midterm, and long-term financial goals is an important step toward becoming financially secure.

Investing your money may be one of the most effective ways to help you build long-term wealth. While it can seem overwhelming at times, given the breadth of options available, the truth is you don't need to be a financial expert to be successful at it.

How will your kids be able to afford to buy a property? And what can (should) you do to help them?

How can investors navigate volatile markets while also keeping an even keel?