Many Australian’s have only really considered bankruptcy when playing a game of Monopoly with their friends! Despite this, there are somewhere around 13,000 people that file for bankruptcy every year in Australia. It’s astounding how quickly individuals can go from being in a balanced financial position to tackling a mountain of debt. Most of the…

No one likes to think about bankruptcy, which is easy to understand given that bankruptcy will impact your financial circumstance for several years to come. This may be one of the reasons why many people don’t seek financial support in times of need, because they are under the common misunderstanding that bankruptcy is the only…

For the majority of Australian adults, debt is a part of our everyday lives. Whether or not you intend to further your skills by earning a degree, buy a property for your family, or buy a car so your family has transport, getting a loan is very common simply because we don’t have enough money…

Regardless if we realise it or not, our credit report has a meaningful effect on our lives. It’s kind of like our health; we don’t appreciate good health until we lose it. Lot of people don’t even learn that they have a poor credit report until they make an application for a personal line of…

We all have a decent understanding that weddings can be a costly pursuit, but do you actually know how much the average wedding costs in Australia? A bit over $36,000, according to Australia’s Money Smart website. And that was in 2012! These days, it’s most probably somewhere around the $50,000 mark. I suppose if you…

There’s no question that hitting your 30’s is a huge landmark for all of us. While some of us may have bought their first home, started a career, or even a family, this decade of our life has a notable financial impact for your future years. For the majority of folks, our financial responsibilities have…

There’s no doubt that your 20’s is a very important phase of your life. There’s a timid but gratifying feeling about becoming an adult, leaving home, and being financially self-reliant. Whether or not you kicked off a career, a university degree, or spent time traveling to other countries and gaining life experience, your 20’s is…

We all suffer through periods in life where money is tight. Fortunately for us, there are certain expenses that we can quickly eliminate, for example cable TV, gym memberships, and dining out at restaurants. On the other hand, there are other expenditures that we simply can’t avoid. Debt repayments, rent and school tuition are just…

In today times, saving money is a quest that everyone wishes to achieve, however generally it can be a complicated task for lots of people. Rental payments, bills, groceries, and everyday necessities build up quickly, leaving most families with little to no savings. Having the capacity to save money and improve your life appears to…

  The New Year is certainly an optimal time to reflect on the previous year and make some resolutions to improve ourselves. Many people’s resolutions concentrate on getting healthier, developing their career, or improving their financial health. Now all of us know how challenging it can be to stick to our New Year’s resolutions, so…