Category Archives: Debt Management
Reducing Mortgage Debt & Consolidating Loans
Discover strategies to manage and reduce your mortgage debt and learn how consolidating loans can save you money on interest. Continue reading
Posted in Debt Management, Financial Planning, Financial Stability, Mortgage and Loans
Tagged Debt Consolidation, Debt Management Tips, Financial Planning, Mortgage Debt
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Debt Management Basics
Learn the basics of debt management, including the difference between good and bad debt, and discover techniques to help you reach your financial goals. Continue reading
Posted in Debt Management, Financial Planning, Investment Strartegies
Tagged Bad Debt, Debt Management, Financial Tips, Good Debt, Investment Strategies
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Ten Tips for Managing Debt
Managing debt can be daunting, but these ten tips can help you regain control and reduce financial stress. Continue reading
Posted in Budgeting, Credit and Loans, Debt Management, Financial Literacy, Financial Planning
Tagged Budgeting, Credit Card Tips, Debt Management, Financial Planning, Financial Tips
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Helping you keep out of trouble with your credit card debt.
Credit cards can make life easier, but they also pose a risk if not managed properly. This article provides simple suggestions to help turn credit cards into effective money management tools, ensuring you stay on top of your debt and avoid financial trouble. Continue reading
Posted in Budgeting, Debt Management, Financial Planning, Personal Finance, Uncategorized
Tagged Budgeting, Credit Card Debt, Credit Card Management, Debt Control, Emergency Fund, Financial Planning, Financial Tips, Interest Rates, money management, Personal Finance
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Breaking free from living pay-to-pay
An alarming number of Australians are living paycheque-to-paycheque. This article explains how poor money management leads to cashflow issues and provides advice on breaking the pay-to-pay cycle and getting your finances under control. Continue reading
Posted in Budgeting, Consumer Behavior, Debt Management, Financial Planning, Personal Finance
Tagged Budgeting, Cashflow Management, Cost of Living, Debt Reduction, Financial Planning, Financial Security, Financial Stress, Gen Z, Millennials, Paycheque-to-Paycheque, Savings Strategies
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Six steps to mastering your debt successfully
With Australian households being one of the most indebted in the world, this article explains six key steps to quickly get your cash flow back in the black. Learn how to manage your debt effectively and build a more secure financial future. Continue reading
Posted in Budgeting, Debt Management, Financial Health, Financial Planning, Personal Finance
Tagged Australian Households, Budgeting, Cash Flow, Debt Management, Debt Reduction, Financial Advice, Financial Planning, Financial Stress, Mortgage Stress, Personal Finance
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As interest rates rise, so does the risk of losing your home
With housing prices soaring and mortgages growing, have you considered what may happen when interest rates increase? This article discusses how even a small rise in interest rates can impact your budget and what steps you can take to prepare yourself financially. Continue reading
Posted in Budgeting, Debt Management, Financial Health, Financial Planning, Home Ownership, Personal Finance
Tagged Budgeting, Cost of Living, Debt Management, Financial Advice, Financial Planning, Financial Stress, Home Loans, Housing Market, Inflation, Interest Rates, Mortgage Review, Mortgage Stress, Savings Strategies
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Financial recovery: should you DIY or outsource your debt management?
Australia’s average household debt rose to $261,492 in 2021-22, while disposable income grew modestly to $139,064. With rising debt levels, interest rates, and living costs, many Australians are turning to debt management companies for help. These companies offer services like debt consolidation and creditor negotiation but come with their own set of pros and cons. Alternatively, DIY strategies such as budgeting, negotiating repayment terms, and seeking government assistance can be effective. Understanding your options and taking proactive steps are crucial for financial recovery. Continue reading
Posted in Credit and Loans, Debt Management, Economic Insights, Financial Health, Financial Planning, Financial Wellness, Personal Finance, Support Services
Tagged Australia, Budgeting, Cost of Living, Credit Cards, Credit Score, Debt Consolidation, Debt Management Companies, Debt Management Fees, Debt Reduction, Debt Repayment Prioritization, Debt Statistics, Disposable Income, DIY Debt Management, Financial Assistance, Financial Counselling, Financial Difficulty, Financial Literacy, Financial Recovery, Financial Stress, Government Assistance, Household Debt, Income Fluctuation, money management, Moneysmart, MyGov, Negotiating with Creditors, Outsource Debt Management, Repayment Plan, Rising Interest Rates, Spending Plan, Structured Payment Schedule
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