Tag Archives: Debt Consolidation
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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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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8 tips to save money on your bills
8 tips to save money on your bills We work hard to earn our income and even harder to save it to achieve our dreams. Even a few dollars saved on different types of bills over the years can compound … Continue reading
Posted in Consumer Behavior, Financial Health, Financial Planning, Getting Started, Personal Finance
Tagged Annual Payments, Automated Bill Payments, Bill Management, BNPL Services, Budgeting Strategies, Cashflow Management, Credit Card Usage, Debt Consolidation, Expense Tracking, Financial Advising, Financial Goals, Insurance Shopping, Money-Saving Tips, Personal Finance, Recurring Expenses, Refinancing Home Loans, Service Benefits, Smart Financial Habits, Subscription Management
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