As we wrap another year, we look back at the most viewed and most read blog entries posted on our website. The list was based on audience engagement via social media shares and number of views and engagement accumulated from our ever-trusted Google Analytics. They’re arranged from the oldest to the most recent published. Some will make you think; others will bring back those dreams you have put off for so long. They may also serve as a reminder of the importance of being informed and having knowledge as empowerment.

It was quite a year.

10 – Top compact SUV’s under $30k

Compact SUV’s are said to dominate the vehicle segment as every major automaker now offers one, giving shoppers many choices. To keep you from doing the daunting task of checking websites and reviews online, we had listed the top 7 compact SUVs that will cost you just less than $30,000!

9 – Mother’s Day Gifts That Will Fit Every Budget

Instead of providing some random options, we had given you gift ideas at every price point. So, no matter how much your budget is, it can surely match what you can give mum to make her feel extra special on that day. We scavenged the internet for the most underrated presents perfect for our mums, and looked for the best gift that will effectively work for a specific price range—from zero budget to having it all the way!

8 – Nature Meets Style: Top Glamping Spots in Western Australia

Glamping (Glamour + Camping) marries the best of both worlds: the rustic beauty of nature, and the classic comforts of luxury. This entry is probably one of my favourites because it showed a new side of travelling—getting away with style! Plus it doesn’t have to be expensive as there are spots that cater to whatever budget you might have.

7 – Buying a Used Car: Things You Need to Know

The process of buying a used car can be overwhelming, much like buying any other property. So, to help you navigate the seemingly-complicated used car market, we had provided you tips before landing on that deal.

6 – 10 Personal Finance Hacks

As an experienced banker and a Finance Broker myself, I pretty much saw all the possible worst scenarios experienced by my clients in terms of managing their finance. In as much as I can, I share what I know to help them save and work on their personal finance by starting within themselves and/or within their homes. Hence, the birth of this blog entry…

5 – From Saving to Settlement: How to Buy Your First Home

Buying your first home proves to be a major financial decision so you need all the help that you can get. And not surprisingly, most frequently asked questions revolve around this process!

4 – How to Switch Lenders and Potentially Save on Your Budget

Are you one of those home loan owners who are playing safe by sticking to their lenders to avoid uncertainty and hassle? Well, in this post, we’ve listed down a guide on how to switch lenders which can potentially save you money on interest! (And apparently, people were INTERESTed!– see what I did there?)

3 – Easy-to-Understand Infographic on the Mortgage Process

Yes, this is also one of those most frequently asked questions—the mortgage process. We’ve created an infographic to answer all those queries. (If you have further questions, ask us today!) Click here for the infographic.

2- Tips to Haggle for a Better Deal

Haggling may seem like a huge effort for some and so it certainly is not for everyone. People tend to not haggle on big purchases, or on things like home loan, insurance, or credit cards. They may think it’s embarrassing, not worth their time, or maybe they don’t have an idea how to do it. So, we’ve written down some tips to sharpen those haggling skills you thought you never had!

1 – Christmas Gift Ideas for Every Member of The Family

And finally, for this season of gift-giving, it tends to be trickier when it comes to picking presents for each member in the family. It’s always a smart move to have a list of ideas of gifts to give because it tends to get stressful once you’re inside the store and you’re clueless what to purchase! Luckily, Soul Finance got you covered with some gift ideas!

There you have it– our most-read articles for this year. Thank you for reading our blog posts and we hope you continue to support our entries in 2018! Wishing you and your family a blessed and Merry Christmas!

Disclaimer:

Credit Representative (486927) is authorised under Australian Credit Licence 389328.

 This article provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances. Subject to lenders terms and conditions, fees and charges and eligibility criteria apply.

The post The Ten Most-Read Soul Finance Group Blog Posts of 2017 appeared first on Soul Finance Group.

How to get a car finance without a job

If you are unemployed and wish to secure a finance, you may wonder whether there would be any lender who will consider you for a loan. Compared to the home loan application, getting a car finance is relatively an easy process. The loan is usually for rather small amounts and repaid over just a few years. However, it becomes a different story if you add “unemployment” as a factor.

Lenders are assumed not to offer car loans if the principal applicant doesn’t have a job. This is fairly understandable because they will need to have an assurance that you can indeed repay the mortgage.

Good thing there are available options if you are in this kind of situation.

Here’s a guide on how to get a car finance even if you don’t have a job.

Provide other sources of income or fund.

Lenders look at your job for proof that you have the ability to pay back the loan. However, they also take into consideration other sources of income when deciding whether or not to approve a car finance application. If you have income from other sources, such as disability or child support, you may be able to use a certain percentage of these as income to repay your car loan. Moreover, if you were able to secure significant assets save in the bank or in investment accounts, lenders may be willing to consider that as security against your loan.

Save up for a deposit.

To get a loan if you don’t have a job, you are going to need to save up a much larger amount for deposit than if you were employed. Most lenders require a minimum downpayment of at least 30% of the purchase price or even higher.

 Improve your credit rating.

Your credit history greatly affects your car finance application. If you’ve had financial trouble in the past, it is important to make sure those problems are fixed and your profile looks spotless before seeking to obtain a car finance, especially if you are unemployed.

 Find yourself a co-signer.

If all else fails, look for a co-signer. Ideally, it can be a family or a close friend since their role is to sign with you on the loan, and act as a financial guarantor to the lender in case you fail to settle your payments. This means that they are also financially responsible for your car finance, and your failure to pay can negatively affect their credit score.

Securing a car finance without a job can be a tedious and tricky process, but achievable. You can also seek the help of your local finance broker to help you look for lenders who accept applicants with this kind of situation.

By being informed and taking the time to research, you will be able to drive your dream car no matter your financial circumstance is, and yes, even without a job.

Disclaimer:

This article provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product.

Corporate Credit Representative (486927) is authorised under Australian Credit Licence 389328.

The post How to Get a Car Finance Without a Job appeared first on Soul Finance Group.

Things you need to know when buying a used car

You’ve seen those EOFY car sales and you’re convinced that June is the best time to buy a new car. The used car industry in Australia is a big business so you won’t have a hard time in terms of looking for options. However, the process can be overwhelming, much like buying any other property. So to help you navigate the seemingly-complicated used car market, take note of these tips before landing on that deal.

Choosing the Vehicle

Look for a car that meets your needs. Is it for family use? For weekend long drive perhaps? Set yourself a strict budget based only on what you can afford. Consider the ongoing running costs that will go along with buying the car—fuel, insurance, maintenance costs, repayments if you opt for a car finance. Essentially, buy a car that best suits your needs and budget.

Conduct a Research

Once you know what kind of car you want and the budget you set, you can now look for cars that fit within those range. Check out the market price for the used models so you can compare. Find out the car’s strengths and weaknesses by looking at the public forums online. There are also helpful websites where you can customise your search. Try crowdsourcing on your social media accounts and see if there are people you’re connected with who are selling their cars. Conducting a market research empowers your decision and you can avoid getting blindsided and fooled.

Arrange an Inspection

Yes, you might know a lot about cars or not. The point is, it’s better to be sure than sorry. If you’re buying from a private seller and not a dealer, have a qualified mechanic inspect the car. You might have your dad, your uncle, or anyone you might know who’s a mechanic who can expertly check if the car is good to go. Don’t accept the purchase if you are not satisfied with the condition.

Document the Transaction

Any promise, warranty, or guarantee that is only discussed verbally is difficult to enforce. Put everything into writing. Check the contract and make sure it’s complete. If something does not satisfy you, you may opt to modify the contract and insert the provisions you desire to protect your interests. Read and understand it carefully before signing. Get a copy of the contract and warranty documents.

Get Insurance

The compulsory third party personal (CTP) insurance is the minimum legally required insurance included with all registered vehicles. It covers the driver for liability with regards to claimants health and medical costs. It may not cover the driver who should have his or her own travel or health insurance. Other insurance you might want to consider are the following:

• Comprehensive – covers damage to your own vehicle and other people’s property, as well as theft and some other risks, plus legal costs
• Third Party Property – covers damage to other people’s property and legal costs, but not damage to your own vehicle
• Third Party Fire and Theft – Third Party Property with some add-on features that cover your vehicle

Now that you have an idea what to consider when looking for a used car, don’t hesitate to message me if you have clarifications or concerns. Remember, when it doubt, ask! Afterall, it’s okay to not know everything!

Happy driving!

Disclaimer:

Credit Representative (486927) is authorised under Australian Credit Licence 389328.

This article provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances. Subject to lenders terms and conditions, fees and charges and eligibility criteria apply.

The post Buying a Used Car: Things You Need to Know appeared first on Soul Finance Group.