Parents at odds over son who squandered their $30k loan
A couple who loaned their son and his partner $30,000 for a home loan only to have them squander it are at odds about what they should do. Scott Pape has some advice.
Barefoot Investor
A bit ruff: No dog is worth $60k in vet fees
Scott Pape loves his new kelpie pup but there’s no way he’ll be forking out $60,000 in vet fees like one of his financially-strained, dog-obsessed Barefoot followers did.
Hello sunshine! Barefoot laments his slow embrace of solar
‘Learn from my mistakes,’ says Scott Pape, who is kicking himself for being so slow to take up solar which he now regards as one of the best investments you can make.
‘This is going to hurt!’ Why can’t Dr Jim say these words?
RBA governor Michele Bullock suggests some highly-geared borrowers might have to sell their homes but you won’t hear Jim Chalmers utter the same warning, even though it’s good advice.
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‘Bloody oath!’ They’ll never stop coming after your super
Retirees with more than $3m in super will be absolutely fine but Scott Pape worries about how tough the future will be for all those ‘ordinary Australians’ with little nest eggs.
Barefoot’s steps to help a terrified mum
Barefoot Investor Scott Pape rolled up his sleeves to help an Aussie mum struggling with a life-threatening shock.
*&*# you, Barefoot: Anger grows as rate crisis looms
If you don’t own at least 20 per cent of your home, Scott Pape says you’re effectively trapped, as it’s highly unlikely another lender will offer you a better rate than your current bank.
Don’t just blame the RBA for your mortgage woes
As taxpayers we should hold our highly paid officials like RBA governor Phil Lowe accountable but Scott Pape says homeowners who borrowed too much should also bear some of the blame.
‘Arse-covering’ RBA could trigger further 10pc house price slump
Scott Pape talks to one of Australia’s top money managers who predicts we’re in for more pain as the RBA hikes rates three more time and property prices potentially slump another 10 per cent.
Scott Pape’s advice on using super to pay the dentist
Barefoot Investor Scott Pape drills down on a reader’s question asking about accessing superannuation to cover dental costs.
How kids can bag a Barefoot Bargain!
Scott Pape says children who shop and spend wisely can save more than just money. The final instalment in the Barefoot Kids summer challenge series shows you how.
Be brave, make money and become a Barefoot Boss
If you want to become a boss like Ava, who made $700 in two months selling flowers at her roadside stall, you can – just follow the steps in the Barefoot Kids summer challenge series.
Splurge, save, give: What kids should do with their first pay
You’ve earned your first stash of cash and now it’s time to divide it into three money buckets as we enter week two of Scott Pape’s Barefoot Kids summer challenge series.
Hey kids, here’s how you can make your first buck
Follow Scott Pape’s step-by-step guide to become a Barefoot Kid. Part one of the four-week summer challenge series shows youngsters how hard work is the real key to making money.
Original URL: https://www.themercury.com.au/business/barefoot-investor/page/8