We all have a fairly good understanding that weddings can be an expensive exercise, but do you really know just how much the average wedding costs in Australia? A little over $36,000, based on Australia's Money Smart website. And that was in 2012! These days, it's probably somewhere around the $50,000 mark. I suppose if [...]
There's no doubt that hitting your 30's is a serious landmark for everybody. Even though some of us may have started a family, bought a house, or even started a new career, this decade of our life has a significant financial impact for your future years. For the majority of people, our financial responsibilities have [...]
There's no question that your 20's is a very unique stage of your life. There's a jittery but exhilarating sensation about becoming an adult, leaving home, and being financially self-reliant. Whether you launched a career, a university degree, or spent time traveling abroad and gaining life experience, your 20's is an important decade from both [...]
Most of us pass through periods in life where money is tight. Luckily for us, there are particular expenses that we can easily eliminate, such as cable TV, gym memberships, and eating out at restaurants. Despite this, there are other expenditures that we simply can't avoid. Rent, debt repayments and school tuition are just a [...]
Nowadays, saving money is a quest that every person wishes to achieve, but generally it can be a challenging task for lots of individuals. Rent, bills, food, and everyday necessities build up quickly, leaving most households with little to no savings. Having the ability to save money and improve your life seems to be a [...]
Congratulations! You've successfully fulfilled your three year period of bankruptcy and have been discharged, so what now? You've obviously taken the right actions to address your financial dilemmas by declaring bankruptcy, and all your debts are well behind you now. Keep in mind though, there's still a lot of work required to get your finances [...]
The New Year is undoubtedly an excellent time to reflect on the previous year and make some resolutions to improve ourselves. Lot of people's resolutions revolve around getting healthier, improving their career, or improving their financial circumstances. Now we all understand how difficult it can be to keep our New Year's resolutions, so it is [...]
Christmas can be a wonderful time of year. Spending quality time with friends and family, enjoying holidays, offering presents to loved ones, and certainly the acclaimed Christmas lunch! It's undeniably a time for giving, and with this comes expenses. It's very easy to go overboard with getaways, gifts, and scrumptious foods; to let your hair [...]
If you have obtained a bankruptcy notice or court order you must respond immediately to prevent future grief. Owing anyone money regarded here as a creditor, could be any person or organisation to whom you owe money. If you're unfit to pay money to a creditor, the creditor will reach out to the Australian Financial [...]
A credit report is a specific document that records your history with creditors and has a substantial effect on your future financial abilities. Having a 'good' credit report is typical as long as you pay your bills and debt repayments on schedule. Having said that, overlooking a repayment on a bill or debt repayment can [...]
