There's no doubt that your 20's is a very precious stage of your life. There's an anxious but exhilarating feeling about becoming an adult, moving out of home, and being financially self-reliant. Whether you started a career, a university degree, or spent time traveling the globe and gaining life experience, your 20's is a valuable [...]
All of us suffer through stages in life where money is tight. Fortunately for us, there are a few expenses that we can quickly eliminate, for instance cable television, gym memberships, and eating out at restaurants. On the contrary, there are other costs that we simply can't avoid. Debt repayments, rent and school tuition are [...]
These days, saving money is a plan that everybody wants to accomplish, though usually it can be a difficult task for lots of folks. Rent, bills, food, and everyday necessities accumulate quickly, leaving most households with little to no savings. Being able to save money and enhance your life seems to be a paradox, as [...]
Congratulations! You've successfully served your 3 year period of bankruptcy and have been discharged, so now what? You've undoubtedly taken the most suitable measures to settle your financial challenges by declaring bankruptcy, and all your debts are well behind you now. Keep in mind though, there's still plenty of work involved to get your finances [...]
The New Year is obviously a fantastic time to reflect on the previous year and make some resolutions to improve ourselves. Most individuals's resolutions centre around getting healthier, strengthening their career, or improving their financial position. Now all of us understand how challenging it can be to stick to our New Year's resolutions, so it [...]
Christmas can be a wonderful time of year. Spending quality time with your family, being on holidays, offering presents to loved ones, and certainly the grand Christmas lunch! It's most certainly a time for giving, and with this comes expenses. It's very easy to go overboard with family holidays, presents, and scrumptious foods; to let [...]
If you have been given a bankruptcy notice or court order you must act immediately to prevent future distress. Owing someone money known here as a creditor, may be any person or business to whom you owe money. If you're unable to pay money to a creditor, the creditor will approach the Australian Financial [...]
Today in the news, former economics advisor John Adams revealed that Australia is too late to avoid an 'economic apocalypse' even after his incessant warnings to the political elites in Canberra. He proceeded to insist the Reserve Bank to raise interest rates to prevent household debt getting further out of control. This bubble [...]
There is grim news for company owners who have an ATO debt from 1st July 2017. Small businesses need to be careful of ATO Bankruptcy since the ATO may expose details of your tax debts to credit reporting agencies like Veda Advantage and Dun & Bradstreet. This will make it a lot more arduous [...]
A credit report is a specific document that details your history with creditors and has a major effect on your future financial abilities. Having a 'good' credit report is common as long as you pay your bills and debt repayments on schedule. Having said that, overlooking a repayment on a bill or debt repayment [...]
