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 positive side of credit reporting

If you are over 18 and have ever applied for any form of credit then you have a credit record. This can occur seamlessly and without you realizing it. Your credit record may be of little interest to you until you decide to apply for some form of finance. Worse still, you may be in the …

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 …

Understanding the basics of borrowing

Like it or not DEBT is a four letter word. We all borrow but some of us do it better than others. Before deciding to apply for any form of credit you really should stop and ask yourself the following questions. The answers to these will help you distinguish between essential debt and debt which is …

Credit repair is not what it seems to be

Given the intense regulation of all financial product marketing in Australia I continue to be surprised at what “is allowed” when it comes to promoting credit repair services. Advertisements promise to wash away your bad credit, creating the impression that all you need is to take up the offered service and your bad credit will be …

Best mortgage reduction strategies

In the current economic environment just about the best financial strategy for anyone would be to try and pay down their mortgage as soon as possible. Once rates start going up this will be far harder to achieve than today. However not everyone is in a good financial position. It may be that you are …

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 …

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 …