How One Small Mistake Can Cost You Millions | No BS With Birchy | EP 235

In this episode, Nathan sits down with Rivan from Zinger Finance to discuss the critical financial decisions that can make or break your property investment journey. They cover managing bad debt and credit cards, understanding lender selection, accountant relationships, and debt strategy. Tune in to find out what small financial mistakes can actually cost you millions in lost opportunities. 00:00 - Talking financial hurdles 00:27 - Repayment history and credit impact 01:42 - Bad debt and credit cards explained 03:28 - The importance of a good accountant 05:06 - Trust versus personal name structures 07:23 - Why shared ownership is problematic 09:34 - Lender selection and panel options 11:00 - The danger of non-disclosure 12:26 - Opinions versus facts in finance 15:55 - Budgeting and financial discipline 17:42 - Mortgage holidays and financial hardship 18:41 - Expense tracking and cash withdrawals 19:01 - Risk appetite and switching lenders 20:50 - Job changes and income consistency 22:32 - The critical debt strategy 26:14 - Property strategy and acquisition planning 30:46 - What to do next Make your move on your property journey today: https://binvested.com.au/make-your-move-now/ What are your thoughts on this video? Share them below and show us some love if you found this video useful. 😊 ***DISCLAIMER*** The following videos have been prepared by Binvested.com.au Pty Ltd ACN (154 400 370). The factual information “information”) provided in this website and the following videos is general in nature only and does not constitute any type of financial advice and is not intended to imply any recommendation or opinion about a financial product. The information has been prepared without considering your personal objectives, financial situation or needs. Before acting on any information provided in this website and in the following videos you should consider the appropriateness of the information having regard to your objectives, financial situation and needs. Binvested.com.au Pty Ltd is not a financial advisor. Before making any decision, it is important that you should seek appropriate legal, tax, financial and other professional advice before you make any decision regarding any information mentioned in this communication, its website and the following videos. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Binvested.com.au Pty Ltd nor its related entities, affiliate companies, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information. We can provide access to our Investor Relations team should you wish to speak to them. Please contact 1300 367 925 to speak to a member of the Investor Relations team.