What You Need to Know About Debt Agreements

A large number of Australians experience financial troubles during their lifetime, and this is generally considered a normal fluctuation in our finances. But what if you’re unable to resolve these difficulties yourself, but at the same time, you don’t want to file for bankruptcy? Debt consolidation loans are a common solution that relieves individuals of financial strain by consolidating all their current debts into one easy to manage loan that’s payable monthly. Moreover, debt agreements are another solution available to individuals

Tips on How to Resolve Your Financial Challenges

There’s no question that financial problems can bring about a lot of anxiety in our lives. Continually fretting about how you’re going to pay your bills not only makes you apprehensive, but also puts stress on your relationships, your family, and your well-being. The fact is, worrying about money isn’t going to fix your financial issues. If you’ve found yourself in a position where you’re battling to make ends meet, here are the best ways to deal with your financial

The Best Ways to Save Money on Your Electricity Bill this Winter

Personally, I find there’s nothing more discomforting than being cold. Originating from Queensland, I’m used to the humid sun and it doesn’t bother me much, but the cold hits me like a tonne of bricks! Like many of you, my electricity bill soars during the winter season and there’s a few reasons for this. Not only are we using heating devices to keep us warm and comfortable, but the nights are longer so generally we use more lighting during winter.   With

Bankruptcy and Child Support – Everything You Should Know

Declaring bankruptcy really isn’t the end of the world, but it does have considerable implications that will have a bearing on your finances in the years to come. I’ve discovered that most of the time, focusing efforts on building a bright future is the best way for people to handle their bankruptcy and subsequent recovery. To do this, however, individuals have to grasp precisely what bankruptcy entails so they can accurately budget, plan, and rebuild their wealth in the most

Top 5 Tips on How to File For Bankruptcy in Australia

The majority of Australian’s have only honestly thought about bankruptcy when playing a game of Monopoly with their buddies! In spite of this, there are an estimated 13,000 people that file for bankruptcy every year in Australia. It’s uncanny how rapidly people can go from enjoying a healthy financial position to dealing with a mountain of debt. Commonly, events such as loss of employment, divorce, or unanticipated medical expenses will result in serious financial issues within just a couple of

Top 3 Causes of Personal Bankruptcy in Australia

No one wants to contemplate bankruptcy, which is understandable considering that bankruptcy will affect your financial circumstance for several years to come. This may be one of the reasons why a lot of people don’t look for financial support in times of need, because they are under the common misunderstanding that bankruptcy is the only way to deal with their financial problems. Unfortunately, this isn’t the case as there are many solutions available to those experiencing financial difficulties. What lots

The Difference Between Good Debt and Bad Debt – What You Need To Know

For almost all Australian adults, debt is a part of our day-to-day lives. Regardless of whether you intend to advance your skills by earning a degree, buy a house for your family, or purchase a vehicle so your family has transport, taking out a loan is very common simply because we don’t have enough money to pay for these expenditures upfront. It seems that most people gets a loan at one point or another, so what’s the problem? The issue is

Best Ways to Improve a Poor Credit Report

Regardless if we acknowledge it or not, our credit report has a meaningful effect on our lives. It’s sort of like our health; we don’t appreciate good health until we lose it. Lots of people don’t even learn that they have a bad credit report until they make an application for a line of credit and it’s rejected. It can come as quite a shock to some, simply because even one overlooked payment that is reported by your lender can

Weddings On A Budget – Tips On How To Save Money When Getting Hitched

Most of us have a decent understanding that weddings can be an expensive exercise, but do you really understand how much the average wedding costs in Australia? A little over $36,000, according to Australia’s Money Smart website. And that was in 2012! These days, it’s quite possibly somewhere around the $50,000 mark. I guess if you have wealthy parents it wouldn’t be a concern, but unfortunately the majority of us don’t. Let’s face it, $50,000 is a huge amount of money!

Personal Finance Tips – Financial Goals In Your 30’s.

There’s no doubt that hitting your 30’s is a huge milestone for all of us. While some of us may have bought a house, started a family, or even begun a new career, this decade of our life has a vital financial impact for the coming years. For most people, our financial responsibilities have more than likely grown and juggling bills and responsibilities with saving money for the future is harder than ever. A lot of us have dusted off the