SMH ·general ·1 hour ago

The top five money mistakes you’re probably making right now

Australians commonly make five costly financial mistakes including overpaying for fixed costs like mortgages and insurance, failing to leverage offset accounts against home loans, and neglecting automated investment strategies. A mortgage rate cut from 7 percent to 5.8 percent saves $300 monthly on a $400,000 loan. Starting automated investments early, even small amounts, generates substantial long-term wealth through compounding.

Summary by Glance · SMH

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