Do not get “snowed under” this Christmas

Its hard to believe but we are only weeks away from Christmas. The “Silly Season” that all too often finds unprepared revelers deep in debt at the commencement of the new year. If you are one of these people who leaves Christmas shopping to the last minute and buys presents “emotionally” rather than “financially” – this article is …

The wisdom of being Frugal

We have come to think that being Frugal is the domain of little old ladies who have led a hard life and have simply gotten used to making a dollar go a very long way. However in today’s challenging economic environment, being Frugal is the answer to financial uncertainty and instability. It is not uncommon …

Paying too much for your credit cards?

If you think that the credit card companies are charging outrageous interest rates on your outstanding credit card debt, you are not alone. A recent  Senate inquiry into credit cards  has confirmed what most of us already knew – that providers are exploiting consumer disinterest  to keep interest rates significantly higher than they need to be. This damning …

Getting your financial house in order

While smart financial management is something most of us aspire to, in our experience few people actually get there. First of all, analyzing ones financial situation and charting out a wise financial course is not terribly exciting as well as time consuming. Therefore as with other non-essential decisions to our day-to-day existence, they are often …

Do’s and Don’ts of borrowing

Unfortunately not having an adequate understanding of the Australian credit system and the basic mistakes that can easily be made by the unwary, has led many individuals down the path of excessive, unaffordable debts, and impaired credit history. This information is not really taught in schools. Those of us whole parents are good financial managers will …

Credit options after bankruptcy

We often speak to individuals who have recently been discharged from bankruptcy and who are looking to borrow some money either in the way of an unsecured personal loan, a car loan or a home loan. Unfortunately your bad credit stays with you even beyond bankruptcy discharge and will affect your ability to borrow for …

Budget to a better financial future

Some people simply “switch off” when they hear any talk of budgeting. However these same people will think nothing of applying for a new credit card when their current cards have reached their limits. Certainly there is nothing sexy about the idea of budgeting. For many that idea is associated with needing to go without in order …