Tag Archives: money management
Tips for Teaching Children Good Savings Habits
Teaching children good savings habits early on is crucial for their financial success. Learn easy strategies for parents to instill money values in their children. Continue reading
Posted in Budgeting, Education, Financial Health, Financial Planning, Personal Finance, Wealth Management
Tagged Financial Education, money management, Parenting Tips, Savings Habits
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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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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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Building better money habits with your kids
Generally speaking, we Australians are pretty financially savvy, that is, we understand the how and why of effectively managing our money. Unfortunately, that doesn’t mean we put that know-how into practice to make astute financial decisions. According to the Australian … Continue reading
Posted in Financial Health, Financial Planning, Financial Wellness, Investment Strartegies, Life Events, Lifestyle, Lifestyle & Well-being, Personal Finance, Retirement Planning
Tagged Financial Literacy, kids, money management, parenting, saving habits
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