Did you know that the majority of households are filled with items that are no longer wanted or needed, which could be worth up to $5000? Therefore, if you’re eager to earn some extra cash, you should take into account the opportunity of selling these goods.
According to a new survey, the interest for second-hand goods […]
Even though WA’s economy has been moving slowly for a while now, there may be a silver lining for it now. According to Premier Colin Barnett, Brexit could be the impulse the economy of this state needs as he believes that more young British families will move to WA, and the international investment will also […]
The excitement of moving out is sometimes overwhelming, just that when that big moment comes, you find out that there are still plenty of things you don’t know how to handle, despite your skills or knowledge. Here are a few things you should consider before moving out.
Moving Out
You will need a decent bed
The temptation to […]
Sky scraping energy bills have motivated utility companies to provide users with distinctive payment options and ingenious plans to untighten the burden of household budgets.
In line with the data furnished by the Australian Bureau of Statistics, between 2008 and 2014, there has been a significant increase in energy costs – 61 percent. On that account, […]
Frugal living is normally perceived as living cheaply, a person that doesn’t enjoy living the full life. That thought however is misplaced; the phrase frugal living doesn’t simply mean the rejection of your worldly life pleasures. Money was invented to be spent; the key is to spend it wisely. The fear of frugal living stems […]
Many families who have to support their children as they go back to University wonder how they should act when it comes to fees.
One of the most common solutions in Australia is to pay the fees upfront or make early repayments. This way, you can get a substantial discount. But even with all the advantages […]
Australians have begun switching mortgage forms in favour of credit cards, as well as personal loan applications. As a result, customer credit demand increased by 9.7 percent in December 2015. This change is quite significant if we were to compare it to the numbers recorded the year before.
In the third quarter, however, credit card applications […]
Credit card companies are always trying to attract customers and drum up new business, right? They offer all kinds of deals on credit cards and promise you unique and exceptional conditions that you are not going to find anywhere else. Some of us fall for the trap; some of us know better. This is also […]
It is important to break down your personal finance to determine one’s financial position. Everybody must prepare for their future and make no mistakes with regards to how they handle their finances. It is a personal finance activity that is based on how much an individual makes or spends. As much as possible, we want […]
Everybody dreams of having a perfect wedding. Couples spend time planning for this special day but often times the venue can create last minute problems. Church, garden and beach weddings are the norm and for those who want to keep it private and intimate fly to other countries. It is not bad to spend extra […]
You’ve probably read a lot about energy saving tricks, but which among the long list is really effective? It is a must to be aware not only with the basic energy saving tips but also being familiar with what works well is necessary. Not only does it lessen your monthly bills at your home, you […]
Bad credit can greatly affect your loan approval and credit card scores. It doesn’t have to happen if you pay your obligations on time. Being a responsible borrower knows how to and when to pay to avoid penalties. Delayed and missed payments, either intentional or unintentional, will leave a bad mark on your credit scores. […]
Quick loans are available in as fast as 24 hours and are available online. This is great news if you are in immediate need of cash. Admit it or not, you’ll never know when you will be in need of extra cash. Either you need it for medication, quick repairs, etc. Say you need extra […]
Company culture is what the whole group of people working in one company have as the same values and attitudes that truly define their business. When one hears the words “company culture” most people think about ping pong tables at work where people just lounge around to build better connection with each other. But the […]
With Christmas around the corner, it’s time to pay extra attention to the budget to avoid going overboard with spending. There are so many things we want to buy as gifts for loved ones, and even ourselves. The only way to keep your holiday shopping affordable, and not something that will put you into (more) […]
If you’re renting, you will have supplied your landlord or property manager with a security deposit. Getting it back when you move out is not difficult at all. Basically, the deposit is in place to make sure that you can be held accountable for any damages.
In what instances will the landlord keep the security deposit?
Part […]
Imagine booking your dream vacation, and only a week in – you’ve run out of cash! Uh oh. How did this happen? What’s worrying is that this happens to a fair amount of travellers. Don’t get distracted by the bright lights and attractions, plan your spending carefully and save yourself from cutting your trip short […]
There is a growing amount of young people that are so burdened with debt that they would do just about anything to get out from under it. Being debt free is so important that surveys have said that a large portion of young people would go as far as risking their health to be debt […]
We’ve all been there. We go to an event or a new place surrounded by lots of people, we meet them, introductions ensue and once we leave the room or move to another section of the room, we immediately forget the names of the people we just met. It happens all the time, especially when […]
Budgeting is not only for moms. People have this thinking that it’s just for moms. Well it’s not.
At some point in time, you have to do what most moms do and it is not easy. Budgeting what you have in hand and making the most out of it is challenging especially for beginners. Everyone will […]
Debt consolidation is an effective method to manage outstanding balances. It involves taking out a new loan to secure debts into one. It is undeniable that many are facing financial stress caused by economic crisis. Commodities keep on increasing, and even the cost of education comes in with a hefty price tag. Life is unpredictable […]
Australians that are holding credit card debt are likely paying too much. Since the Reserve Bank of Australia began lowering rates in 2011, the credit card companies have continually failed to pass on those rate cuts onto the credit cards they provide. If the banks had passed on the rate cuts to their credit cards […]
If you want to spend less then you need to break your shopping habits. Shopping malls often target shopaholics who never get tired of checking out sales. Purchasing items that you don’t really need gets you into trouble. It is nice to shop for clothes but after scratching your plastics, reality bites and you realise […]
If you think about planning for retirement, you wouldn’t think it applies to you if you’re still in your late 20s or early 30s. But the fact is the earlier you plan your retirement and start saving, the better it is for you to have a happy retirement. A lot of people in their 20s […]
Saving money and budgeting can be quite stressful for anyone working full time, part time or casual jobs. It can get more stressful if you’re also surrounded by family and loved ones who want love and attention from you. It’s extremely difficult especially if you’re a working mother; working all day and all night to […]
Low doc loans are highly praised these days by the self employed, freelancers and seasonal workers. It is no secret that major banks ask for a number of documents to prove that you are able to pay your loan. During application, they require pertinent documents such as financial statements, inventory, business permit, cash flow, collateral […]
“It’s all about the money,” sounds morally wrong but it couldn’t be truer.
In this day and age, if you’re a working class citizen, the most important thing in your mind is money. Paying the bills, repaying debts, staying away from future debts, growing your savings account, even going shopping, you can’t stay away from any […]
Debt negotiators are skilled individuals who will save you from your loan problems. If you feel that you can’t handle it anymore, then you should seek help from these specialists to get you out of trouble. Debt negotiators are trained professionals who have access to major banks, private lenders, and other accredited financing companies. What […]
Everybody has tried to save money, tried to get out of debt, tried to stay away from getting into more debt, etc. And what do we all have in common with that entire statement? The word “tried”.
We’ve all tried but most of us have failed one way or the other, or even at least our […]
Hunting for a new job can be stressful and exciting at the same time and there is no shortage of advice on what to do to get your dream job. Almost as important as what you should do is what you should not do. Being prepared, researching the company or your interviewer, and putting on […]
The Reserve Bank of Australia cut down the interest rates in February 2015 to the lowest they’ve ever been for several generations. With these low interest rates, investors have been at the forefront when it comes to buying established houses and apartments, mainly in metropolitan Sydney and Melbourne. Aside from economic growth for the country, […]
Investing in stocks and shares is not limited only to big corporation. In fact recent studies suggest that many Australians have shares in small stocks. They are now making a lot of noise in the economy often tripling in value within a year, which would have been impossible according to many experts. Small stocks are […]
Most young couples looking to get married and newlyweds are usually faced with one similar problem: managing finances for their future. Even with help from the in-laws, affording a wedding and hopefully buying a new home to start a new life and raise a family can be overwhelming. The current cost for the average wedding […]
Unfortunately, Australians as well as the rest of the world are under educated in three of the main points when it comes to saving money. Working your entire life and putting money into your superannuation and a savings account is not what it takes to saving money and building a secure future. Knowing how your […]
Recent news pinpoints generation X as the biggest contributor to the near-record high Australian national credit card debt. With the spending of this generation shifting towards credit cards instead of cash, the problem with guilt free spending is becoming more and more rampant. The group – described by demographers is between the ages 35 to […]
Debt resolution goes hand in hand with debt management, if you have gotten yourself into a bad debt situation because of financial mismanagement you need to get out as soon as possible. Although getting into debt is quite easy, getting out of it is a different story if not hard. With many Australians using credit […]
Fixed interest rates are key to getting a better credit score. Credit Cards in today’s world make transactions in cash almost obsolete. With the advent of the computer age, spending has now been determined not in the amount of dollars you have in your wallet but by laser wired plastic cards that slide their way […]
A lot of people don’t have a clear understanding of how an individual’s credit score is computed. There are even some who do not know the importance and the impact of credit rating on their future financial capacity. An Australian financial company, Experian, conducted a survey on 1000 people and the results showed that a […]
Historically low interest rates are giving hope to first time home buyers in Australia but rising home prices are making it harder to get the money together to get the mortgage on those dream homes. Government policies that are focused on helping first time home buyers with cash assistance on properties that are newly constructed […]
The interest rates in home loans has reached an all time low, but getting a clean credit rating is still the best way to make sure that you can keep that low interest rate for a few more years. As you probably know interest rates, will vary during the time that you are paying for […]
Inheritance is not something that is openly discussed and in recent years most beneficiaries lose their inherited wealth to mismanagement more than anything else. Since there are discussions about people who find themselves suddenly bestowed with unexpected wealth but don’t really know what to do with it and have a tendency to squander the money […]
Money is an important thing in our lives whether we have a lot of it or just a little. And the way we think about money was taught to us long ago when we were children. Eventually, it will be time to teach our own children about how to properly set budgets, spend their earnings […]
There are many ways for a debtor to manage their debts while the collectors are coming after payments. Most debt collectors will sometimes take partial payments of the debt if an offer is made. It can be mutually satisfactory if an arrangement is made to settle at least part of the debt. The older a […]
As of December 2014, combined credit card and personal loan debt had reached a total of $101 billion according to the debt comparison web site, Finder.com.au. Current debt totals are at their highest since October 2011, with personal loan debts increasing 2.21 per cent from December 2013, and credit card debts growing .72 per cent […]
Money management is the best way to ensure that you know what you will have in the future. Setting goals, getting organized, tracking spending, building a budget and saving money are the steps to take to have financial security for yourself and your family’s future.
Tips on money management
Setting goals helps you get what you want […]
Keeping up with financial obligations is a burden that millions of Australians manage each and every day. Whether it is credit card debt, personal loans or mortgage loans, most individuals will need to acquire some level of credit or go into debt to be able to finance their livelihood. However, when financial burdens become too […]
People set a wide range of goals at the beginning of each year, but keeping resolutions moving in the right direction consistently for an extended period of time can be a challenge for most. In addition to losing weight and spending more time relaxing, one of the most common objectives for a new year includes […]
Whether it is through credit cards, personal loans, business debt or mortgage balances, the use of credit cards is a common occurrence among Australians. How repayment of each of these credit accounts can ultimately affect your credit score, however, can be difficult to understand and to adequately manage over time. For most individuals, paying debt […]
With the holidays just a mere memory, most households are getting back into the swing of normal, less hectic life. For a number of Australians, however, the months after excessive spending for holiday gifts, travel and entertainment can create a great deal of stress. As the bills stream in and credit card balances are higher […]
We are often approached by people that have arranged a loan for a debt consolidation but the amount approved is less than what they require to payout all their creditors.
This is a common problem and has the potential to end what would have been a positive refinancing option. Refinancing liabilities such as credit cards or […]
We are often asked what happens if there are a number of credit providers involved in a reduction.
The best way to can answer this is by giving an example of a recent matter we were involved with.
This particular client had arranged a refinance to consolidate his debts. Unfortunately after reviewing the amount secured it was […]
We are often asked if government bodies such as the ATO will consider reducing amounts owed to them through debt negotiation, the answer is in many cases yes.
While they are seldom easy to deal with government bodies such as the ATO are no different to most creditors and would often rather settle a debt than […]
This a question we are regularly asked. When is the best time to negotiate a debt?
It is important to note that no one likes losing money, this includes credit providers. Having said this credit providers such as banks are in the risk game, this is why they charge interest and interest rates tend to change […]
What many people don’t realize is many debts, particularly unsecured debts can be significantly reduced given the credit provider is approached in the correct way.
Often the debt in question may be quite old, this is common with debt collection companies who often purchase old debts as the older the debt the less they can purchase […]
While effective debt mediation is an art there are four things that remain consistent.
The credit provider always wants to get paid
The older the debt the more negotiable the debt is
Credit providers like dealing with an unemotional third party
It’s about who you know
Creditors, particularly unsecured creditors are often willing to entertain reducing a payout figure if […]
It is common for people to want to refinance their debts in order to lower their commitments. For people paying high interest rates on facilities such as credit cards and personal loans the benefits of rolling all their debts into one single loan has the potential to reduce their outgoing significantly.
There are a number of […]
Before I cover how the statutes of limitations can effect debt negotiation, let me summarise what this legislation actually is.
The statutes of limitations refers to the time a company or individual has to recover a debt. For most credit contracts this is six years, the only exception is the Northern Territory where the period is […]
The great news is as long as the credit provider has not already listed a default then negotiating your debts will not affect your credit file. Negotiate my debts today!
Many people are worried that if they attempt to reduce and settle their debts the credit provider may latter record the event on their credit file. […]
