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Personal Finance Tips – Finance Goals For Your 20’s.

There’s no question that your 20’s is a very special period of your life. There’s a timid but gratifying feeling about becoming an adult, moving out of home, and being financially self-reliant. Whether or not you began a career, a university degree, or spent time traveling overseas and gaining life experience, your 20’s is a significant decade from both a personal and financial point of view. Regardless of what path you choose, the one constant that will continually remain in

How You Can Save Money On Food

We all suffer through stages in life where money is tight. Fortunately for us, there are a few expenses that we can easily do away with, like cable television, gym memberships, and dining out at restaurants. On the contrary, there are other expenditures that we simply can’t avoid. Rent, debt repayments and school fees are just some of the mandatory expenses that are set and there’s not much we can do about it. Having said that, there is one mandatory

Top Ways To Save Money And Improve Your Life

In today times, saving money is a desire that every person hopes to achieve, however often it can be a challenging task for lots of folks. Rental payments, bills, groceries, and everyday necessities build up quickly, leaving most families with little to no savings. Managing to save money and enhance your life seems to be a paradox, as we mostly associate a better life with spending more money! Irrespective of this, small lifestyle changes can have a dramatic effect on

New Year’s Resolution – Improving your Financial Health

The New Year is most certainly an optimal time to reflect on the previous year and make some resolutions to improve ourselves. Lots of people’s resolutions focus on being healthier, improving their career, or improving their finances. Now all of us know how challenging it can be to keep our New Year’s resolutions, so it is vital that you make practical, obtainable goals that can be achieved with a specific degree of persistence and discipline. If you’ve determined that you want

Effective ways to Repair Your Credit Rating After Bankruptcy?

Congratulations! You’ve successfully served your 3 year period of bankruptcy and have been discharged, so what now? You’ve undoubtedly taken the most appropriate steps to settle your financial troubles by declaring bankruptcy, and all your debts are well behind you now. Bear in mind though, there’s still a lot of work required to get your finances back on track. The biggest issue that discharged bankrupts encounter is their opportunity to borrow money, and the main reason for this is their

4 Money Saving Tips This Christmas

Christmas can be a wonderful time of year. Spending quality time with friends and family, being on holidays, offering presents to loved ones, and certainly the famed Christmas meal! It’s undoubtedly a time for giving, and with this comes expenses. It’s very easy to overdo it with holidays, presents, and enticing foods; to let your hair down and delight in the spirit of Christmas. The bottom line is, though, that the silly season ultimately passes and many of us are

Bankruptcy Notices, Bankruptcy Advice

Everything you will need to know about Bankruptcy Notices

If you have received a bankruptcy notice or court order you must respond right away to minimise future grief. Owing anyone money referred to here as a creditor, can be any person or business to whom you owe money. If you’re unable to pay money to a creditor, the creditor will speak with the Australian Financial Security Authority (AFSA) who will consequently deliver a bankruptcy notice demanding payment of that money. As expected, there is a threshold to the total amount

debt crisis, Bankruptcy Advice

Australia’s Household Debt Crisis Looms

Today in the news, former economics advisor John Adams advised that Australia is too late to prevent an ‘economic apocalypse’ despite his continual warnings to the political elites in Canberra. He continued to urge the Reserve Bank to raise interest rates to avoid household debt getting further out of control. This bubble is very simple to express. Confidence! It’s the mistaken perception that Australia’s last 20 years of continual economic growth will never experience any kind of correction is most disconcerting.

ato-bankruptcy, bankruptcy advice

ATO Debts Becoming Uncontrollable?

Warning to all ABN holders, your ATO Debts may now blemish your credit rating. Beware of ATO Bankruptcy! There is grim news for business owners who have an ATO debt as of 1st July 2017. Small businesses must be careful of ATO Bankruptcy since the ATO may unveil information of your tax debts to credit reporting agencies such as Veda Advantage and Dun & Bradstreet. This will make it a lot more problematic for small businesses to receive credit, potentially incapacitating

Credit Report, Bankruptcy Advice

What Remains on Your Credit Report And For How Long?

A credit report is a specific document that records your history with creditors and has a notable effect on your future financial capabilities. Having a ‘good’ credit report is typical provided that you pay your bills and debt repayments punctually. Having said that, overlooking a repayment on a bill or debt repayment can cause serious problems if you wish to receive credit again down the road. Not long ago, the rules have been adjusted to place a greater importance on