With Christmas coming shortly, I thought it would be appropriate to start looking at ways to reduce debt and tips on saving money so that you do not get into trouble with your debt over the Christmas period (or any period of the year really).
We will look at general ideas behind debt reduction along with [...]
In the past few weeks I have been reading a couple of books on how to pay off your mortgage quicker and save money on interest payments. These books are small and easy to read and almost seem to be general knowledge, but at the same time they are really useful for grasping techniques to [...]
Did you know you are able to offset your mortgage interest through the use of a high interest savings account? Yes, its true - you can reduce the interest you owe by Saving Money. This does not mean making large payments into your mortgage from your savings account, your money does not have to [...]
Do you owe money on a store credit card with a major Australian retailer? Most Australian’s take advantage of the 24months interest free option when buying consumer electronics and furniture from makers such as Harvey Norman and David Jones - leaving them with nothing to pay now, but a large debt lieing in the grass [...]
Everyone wants to know whether you can voluntarily pay off your HECS-HELP debt when you start earning decent money, the answer is of course you can!
In fact, its quite advisable to make contributions to your HECS debt (HELP Debt), as it will save you considerable interest and inflation over the years.
Today I will be looking at Fox Symes, the debt consolidation specialists that have been helping Australian’s gather their debt into one sum and avoid harsh repayment schemes that are enforced by the big banks.
Fox Symes state that they focus on; Debt Consolidation, Debt Relief and Bankruptcy Information and help. Is debt consolidation with [...]
Do you get sick of having multiple debts? Credit card debts + store debts with Harvey Norman? Car loans and Credit Card Debts? You should really consider getting all your debts and putting them into one fixed rate Citibank loan. Personal Loans I am very wary of so for me to personally recommend this [...]
Some very interesting discussion has gone on recently in the Australian Financial Review (AFR) regarding possible solutions to banks having large debts that can be out of control in times of economic uncertainty.
It has been stated that Australia should have a scheme where by investors could purchase mortgage debt from banks and lenders in the [...]
Today I would like to talk about car loans, as I am intending on acquiring one very shortly to purhcase my new car. Car loans can be very helpful to even out your cash flow to purchase a car.
Most people are well aware that in order to improve their finances and even become wealthy, they need to follow a process that takes them from being in debt to having financial assets that provide them with an income.
If so many people are aware of this, why do so few ever acquire investments?
