Many Australian’s have only honestly thought about bankruptcy when playing a game of Monopoly with their buddies! Despite this, there are roughly 13,000 people that file for bankruptcy yearly in Australia. It’s extraordinary how quickly individuals can go from experiencing a balanced financial position to facing a mountain of debt. Usually, situations such as loss […]
For many Australian adults, debt is a part of our day-to-day lives. Regardless of whether you want to further your skills by earning a degree, invest in a property for your family, or purchase a vehicle so your family has transport, getting a loan is very common simply because we don’t have sufficient money to […]
Whether we understand it or not, our credit report has a significant effect on our lives. It’s sort of like our health; we don’t appreciate good health until we lose it. Most individuals don’t even find out they have a bad credit report until they make an application for a line of credit and it’s […]
We all have a pretty good understanding that weddings can be a costly pursuit, but do you really know how much the average wedding costs in Australia? Slightly over $36,000, based on Australia’s Money Smart website. And that was in 2012! These days, it’s quite likely somewhere around the $50,000 mark. I suppose if you […]
There’s no doubt that reaching your 30’s is a huge milestone for us all. Although some of us may have embarked on a new career, bought a house, or even started a family, this decade of our lives has a major financial impact for the years to come. For most people, our financial commitments have […]
There’s no question that your 20’s is a very special period of your life. There’s a nervous but fulfilling sensation 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 the world and gaining life experience, your 20’s is a significant […]
All of us suffer through stages in life where money is tight. Luckily for us, there are certain expenses that we can quite easily do away with, for instance cable television, gym memberships, and dining out at restaurants. Despite this, there are other expenses that we simply can’t avoid. Rent, debt repayments and school tuition […]
These days, saving money is a plan that every person hopes to achieve, though generally it can be a difficult task for most families. Rent, bills, groceries, and everyday essentials add up quickly, leaving most families with little to no savings. Being able to save money and enhance your life appears to be a paradox, […]
The New Year is unquestionably a great time to reflect on the previous year and make some resolutions to improve ourselves. Most individuals’s resolutions focus on being healthier, improving their career, or improving their financial position. Now most of us know how tough it can be to stick to our New Year’s resolutions, so it […]
Congratulations! You’ve successfully fulfilled your three year period of bankruptcy and have been discharged, so now what? You’ve obviously taken the most suitable steps to resolve your financial difficulties by declaring bankruptcy, and all your debts are well behind you now. Bear in mind though, there’s still a lot of work required to get your […]
