The Unstoppable Debt Domino

The Unstoppable Debt Domino

This handy guide from MoneySmart outlines three specific actions which you can accomplish right away to start managing your debt. The first step, which will take approximately 60 seconds, is to check your credit score and assess your total debt, and how you have been paying them.

Continue reading

You too can get out of debt

You too can get out of debt

$12 a day is a straightforward, simply written blog of how one young couple (now a family) got into debt even before their marriage. Their debt slowly built up until one day they realized they were in financial trouble.

Continue reading

Getting Fit without Getting into Debt

Getting Fit without Getting into Debt

Keeping a healthy body and lifestyle is important, since all your money would lose meaning if you can’t live to enjoy the benefits. You might even feel the social pressure that looking beautiful means losing a few pounds, for both men and women. Do not be tempted to sign up for costly treatments, special diets, or supplements that promise immediate results.

Continue reading

The First New Year Financial Resolution

The First New Year Financial Resolution

According to an article from Daily Finance, “saving money” is one of the most popular New Year’s resolutions. If you failed at your resolution last year to save money or get out of debt, don’t let it discourage you from trying again this year. Research shows that around 70% of people who made resolutions last year got at least halfway there, and it’s always better than starting nothing at all.

Continue reading

What you need to know about Super

What you need to know about Super

Simply put, think of your superannuation as a mandatory retirement fund. Your employer is required to pay 9.5% of your salary into a superannuation fund, and you also have the option to contribute more on top of your employers’ share. Starting January 1, 2014, if you have not elected a super product of your choice, your employer will contribute to an authorized MySuper product, usually with a single, balanced investment option and minimal fees.

Continue reading

What Can Credit Card Companies do If I Don’t Pay My Debt?

What Can Credit Card Companies do If I Don’t Pay My Debt?

If you’re asking if failure to pay your credit card bills will put you to jail, the general answer is no (unless there is fraud involved). However, if you are that worried about your debt, then you might be in serious debt trouble. Even if you cannot go to jail for not paying your debt, it does have serious consequences.

Continue reading

Motivation and Personal Finance

Motivation and Personal Finance

If you are having a hard time finding that push to get your finances in order, maybe you have not found the right recipe for motivation. Since self-discipline has a lot to do with how motivated you are to work towards your goals, it’s important to give time to understand what really motivates you. If motivation theories sound alien to you, here are some examples how you can apply them immediately to your finances.

Continue reading

Saving for multiple financial goals

Saving for multiple financial goals

More often than not we have more than one long term financial goals, like establishing an emergency fund, saving for retirement, and saving for your child’s college fund. If you can’t decide which one to save up first or you want to tackle them all at the same time, you can divide your contributions according to this approach.

Continue reading

Keeping up with Mortgage Payments

Keeping up with Mortgage Payments

If you have been suddenly laid off from work or facing sudden loss of income for other reasons, one of your pressing concerns will be meeting your mortgage payments to keep your home. Follow these strategies to help you keep your home when the going gets tough.

Continue reading

1 5 6 7 8 9 14