We have a Westpac Rocket home loan for our PPOR (So cool that I now know some of the IP acronyms because of SS forum )
Right now we've parked most of our savings in the redraw portion of the home loan. Offset is used like a transactional day-to-day account. Salaries go there. Bills get paid from there.
As we are determined to start our IP journey, is it better to move the funds into offset?
Not sure how long it's going to take me to learn enough before pulling the trigger though
Right now we've parked most of our savings in the redraw portion of the home loan. Offset is used like a transactional day-to-day account. Salaries go there. Bills get paid from there.
As we are determined to start our IP journey, is it better to move the funds into offset?
Not sure how long it's going to take me to learn enough before pulling the trigger though