There’s no question that reaching your 30’s is a big landmark for us all. Even though some of us may have started a family, bought a house, or even started a new career, this decade of our life has a considerable financial impact for your future. For the majority of folks, our financial commitments have..
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These days, saving money is a plan that everyone wants to achieve, though typically it can be a challenging task for lots of folks. Rent, bills, groceries, and everyday essentials add up quickly, leaving most households with little to no savings. Managing to save money and improve your life seems to be a paradox, as..
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There’s no question that your 20’s is a very cherished phase of your life. There’s a jittery but exciting feeling about becoming an adult, leaving home, and being financially independent. Regardless if you started a career, a university degree, or spent time traveling abroad and gaining life experience, your 20’s is an important decade from..
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The New Year is definitely an excellent time to reflect on the previous year and make some resolutions to improve ourselves. Most individuals’s resolutions centre around getting healthier, improving their career, or improving their financial health. Now most of us recognise how challenging it can be to keep our New Year’s resolutions, so it..
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Congratulations! You’ve successfully fulfilled your 3 year period of bankruptcy and have been discharged, so what now? You’ve clearly taken the right steps to settle your financial challenges by declaring bankruptcy, and all your debts are well behind you now. Keep in mind though, there’s still a good deal of work required to get your..
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Christmas can be a wonderful time of year. Spending quality time with your extended family, being on holidays, offering gifts to loved ones, and surely the acclaimed Christmas lunch! It’s indeed a time for giving, and with this comes costs. It’s very easy to go overboard with family holidays, gifts, and mouth watering foods; to..
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If you have acquired a bankruptcy notice or court order you must take action immediately to reduce future distress. Owing someone else money regarded here as a creditor, can be any individual or organisation to whom you owe money. If you’re not able to pay money to a creditor, the creditor will consult the Australian..
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Today in the news, former economics advisor John Adams said that Australia is too late to prevent an ‘economic apocalypse’ even after his repeated warnings to the political elites in Canberra. He continued to urge the Reserve Bank to raise interest rates to stop household debt getting further out of control. This bubble is very..
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There is horrible news for business owners who have an ATO debt from 1 July 2017. Small businesses will need to be careful of ATO Bankruptcy since the ATO may impart information of your tax debts to credit reporting agencies such as Dun & Bradstreet and Veda Advantage. This will make it far more arduous..
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A credit report is an in-depth document that lists your history with creditors and has a notable effect on your future financial capabilities. Having a ‘good’ credit report is conventional so long as you pay your bills and debt repayments on time. However, skipping a repayment on a bill or debt repayment can cause considerable..
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