There's no question that your 20's is a very precious stage of your life. There's a jittery but exciting feeling about becoming an adult, moving out of home, and being financially independent. Whether or not you launched a career, a university degree, or spent time traveling to other countries and gaining life experience, your 20's [...]
We all pass through stages in life where money is tight. Thankfully for us, there are a few expenses that we can quite easily eliminate, such as cable TV, gym memberships, and eating out at restaurants. On the other hand, there are other costs that we simply can't avoid. Debt repayments, rent and school fees [...]
In today times, saving money is a quest that everyone wants to accomplish, yet frequently it can be a strenuous task for lots of people. Mortgage repayments, bills, food, and everyday essentials add up rapidly, leaving most households with little to no savings. Being able to save money and improve your life seems to be [...]
The New Year is certainly a great time to reflect on the previous year and make some resolutions to improve ourselves. Lot of people's resolutions concentrate on getting healthier, enhancing their career, or improving their finances. Now all of us appreciate how challenging it can be to keep our New Year's resolutions, so it's important [...]
Congratulations! You've successfully served your three year period of bankruptcy and have been discharged, so now what? You've unquestionably taken the most appropriate actions 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 considerable amount of work involved to get [...]
Christmas can be a wonderful time of year. Spending quality time with your family, being on holidays, offering presents to loved ones, and surely the grand Christmas meal! It's undoubtedly a time for giving, and with this comes costs. It's very easy to go overboard with family holidays, presents, and extravagant foods; to let your [...]
If you have been given a bankruptcy notice or court order you must act quickly to prevent future grief. Owing anyone money referred to here as a creditor, could be any individual or business to whom you owe money. If you're unable to pay money to a creditor, the creditor will reach out to [...]
Today in the news, former economics advisor John Adams proposed that Australia is too late to stop an 'economic apocalypse' even after his repeated warnings to the political elites in Canberra. He proceeded to advise the Reserve Bank to raise interest rates to avoid household debt getting further out of control. This bubble is [...]
There is terrible news for business owners who have an ATO debt as of 1 July 2017. Small businesses need to be careful of ATO Bankruptcy since the ATO may divulge information of your tax debts to credit reporting agencies such as Veda Advantage and Dun & Bradstreet. This will make it much more [...]
A credit report is a specific document that specifies your history with creditors and has a notable effect on your future financial abilities. Possessing a 'good' credit report is conventional so long as you pay your bills and debt repayments on time. On the other hand, skipping a repayment on a bill or debt [...]
