This week, Marcus sits down with Ray Jaramis, award winner and financial adviser extraordinaire. Ray guides us through the world of parental help. How parents can give their kids a head-start in the property market, where they could get unstuck, and tips and tricks to make it a smooth transaction for everyone involved.
HERE’S WHAT YOU’LL LEARN FROM TODAY’S EPISODE:
How parents are helping more and more with their childrens’ property purchases;
Price to income in Sydney on the world scale;
How Ray became interested in financial advice;
Why accountability for personal finance is important;
Gifting funds to your kids;
Testing out monthly repayments prior to purchase;
How a parent to child loan could work as well;
Thinking about longer term and family commitments rather than the immediate future;
How a gift is treated by Centrelink for the age pension;
What happens if your kids split up; And
Why professional advice is important
LINKS OR ARTICLES WE MENTIONED:
SPEAKERS IN TODAY’S EPISODE
Marcus Roberts - Mortgage Broker
Ray Jaramis - @rjfinlife
ASK US ANYTHING!
Have a money question you want us to answer? firstname.lastname@example.org
ENJOY THE SHOW?