Offset Account vs Investing in Shares: Which Will Make You Richer?

When interest rates are high, putting extra money into your offset account can feel like the obvious decision. It reduces the interest on your home loan, keeps your money accessible, and gives you a return that is hard to ignore.  But if you are trying to build wealth over the long term, is the offset always the best place for your money?  In the first episode of our Essentials Series, we revisit one of the most common questions homeowners ask: should extra savings stay in the offset, or could that money be working harder elsewhere?  In this episode, we look at how to weigh up the trade-off between reducing mortgage interest today and investing for growth over time. We also explain why tax, inflation and timeframe can all change the way this decision looks.  In this episode:  Why offset accounts have become more attractive as rates have risen  The simple mistake people make when comparing offset accounts with shares  <span class= "NormalT