Reducing Debt

Tips on paying off your debts.

Create a buffer on your debt, before uncertainty

This is a simple ‘getting out of debt’ style of money tip, though often many people don’t realise it can be done or why you should do it. I am talking about paying more then you have to towards your debt, working towards a dual layer strategy of getting yourself out of debt as fast [...]

Read more »

A quick guide to good debt versus bad debt

Something I learnt very early on was that debts can be good and bad. Some people will say a debt is a debt and as long as you have it, it is costing you money you would otherwise be saving. This is not true, debts can range from good to bad to in between. Also, [...]

Read more »

Blogging Your Way Out of Debt: The Fairy Tale

As anyone who has had debt will know, getting on top of it is a journey that involves a whole lot of clawing and crawling. My default flippancy aside, it can be a pretty alienating experience, so imagine my relief when I started coming across blogs where people have charted their journey out of debt. [...]

Read more »

Wake Up From Your Debt Denial and Fix it!

Debt has a funny way of striking without notice. Early warning signs are a real luxury and the only way to get a grip on debt before it cripples you is to be honest with yourself about your financial situation, now. Dollars and Sense website reports: “The ratio of personal debt to income in Australia [...]

Read more »