There's no question that your 20's is a very important phase of your life. There's a timid but exciting feeling about becoming an adult, moving out of home, and being financially self-reliant. Whether you launched a career, a university degree, or spent time traveling in foreign countries and gaining life experience, your 20's is a [...]
Most of us suffer through stages in life where money is tight. Fortunately for us, there are certain expenses that we can readily eliminate, like cable TV, gym memberships, and eating out at restaurants. Despite this, there are other expenditures that we simply can't avoid. Rent, debt repayments and school tuition are just a number [...]
In today times, saving money is a plan that everyone wants to achieve, though generally it can be a complex task for many individuals. Mortgage repayments, bills, food, and everyday needs add up rapidly, leaving most households with little to no savings. Having the ability to save money and enhance your life appears to be [...]
The New Year is most certainly a great time to reflect on the previous year and make some resolutions to improve ourselves. Lot of people's resolutions revolve around getting healthier, enhancing their career, or improving their financial health. Now we all recognise how tough it can be to stick to our New Year's resolutions, so [...]
Congratulations! You've successfully fulfilled your three year period of bankruptcy and have been discharged, so what now? You've unquestionably taken the most appropriate actions to resolve your financial challenges by declaring bankruptcy, and all your debts are well behind you now. Having said this, there's still a considerable amount of work involved to get your [...]
Christmas can be a wonderful time of year. Spending quality time with your family, enjoying holidays, offering gifts to loved ones, and surely the famed Christmas lunch! It's undoubtedly a time for giving, and with this comes costs. It's very easy to go overboard with holidays, presents, and enticing foods; to let your hair down [...]
If you have been given a bankruptcy notice or court order you must act promptly to reduce future pain. Owing anyone money known here as a creditor, could be any individual or business to whom you owe money. If you're unfit to pay money to a creditor, the creditor will contact the Australian Financial [...]
Today in the news, former economics advisor John Adams proposed that Australia is too late to avoid an 'economic apocalypse' regardless of his repeated warnings to the political elites in Canberra. He went on to request 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 as of 1st July 2017. Small businesses must be careful of ATO Bankruptcy since the ATO may reveal information of your tax debts to credit reporting agencies like Dun & Bradstreet and Veda Advantage. This will make it much more arduous for [...]
A credit report is a comprehensive document that specifies your history with creditors and has a significant effect on your future financial abilities. Having a 'good' credit report is conventional so long as you pay your bills and debt repayments on time. However, overlooking a repayment on a bill or debt repayment can cause considerable [...]
