Reasons for Debt in Australia
So you’ve wound up in debt and you can’t understand why? There are a number of common reasons for debt in Australia. It can happen to anyone and often, all it takes is one event to knock you off financial track.
So you’ve wound up in debt and you can’t understand why? There are a number of common reasons for debt in Australia. It can happen to anyone and often, all it takes is one event to knock you off financial track.
Topics: Education
The Banking Royal Commission has revealed a series of scandals from the Big 4 Banks. Craig Meller, AMP’s Chief Executive Officer, has resigned from his position with immediate effect. Known for making money through credit card interest and fees, banks are now under the microscope.
Topics: Debt Agreements, Education, Personal Debt, Debt Management Plans
One of the greatest financial challenges women still face today is that they are earning and retiring with less superannuation than men. According to the 2017 Hilda survey, the average superannuation balance for women at retirement was $230,907, with men retiring with twice this amount.
Topics: Personal Insolvency, Budgeting, Education, Superannuation, Personal Debt
Buy now pay later allows you to defer your payments for up to a year. This lets you purchase and use the product now, but pay for it later giving you time to manage your budget.
Topics: Budgeting, Debt Consolidation, Personal Debt, Loans Refinancing
Are you considering an interest free deal? Spending money that you don’t have is a risky game, especially if you don’t know how the process works. We see a lot of interest free deals tempting buyers to make purchases now rather than later.
Topics: Budgeting, Personal Debt, Lending, Loans Refinancing
The Snowball Method is a debt reduction strategy that is used by a lot of people today to manage their overwhelming number of debts. The way it works is, you pay off your debts in order of smallest to largest.
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