Monthly Archives: February 2016

Budgeting For Better Management of Your Finances

Budgeting Information for Everyday Financial Management

Australian’s have the highest household debt to GDP than any other country in the world according to LF Economics.  Since 1960 this has been steadily rising and we overtook Denmark in 2015. Australia has approximately $2 trillion in unconsolidated household debt.  This is high when compared to GDP of $1.6 trillion.  Borrowing money can be […]

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Debt Consolidation Loans Explained

Debt Consolidation Loans

What are Debt Consolidation loans? Debt consolidation loans allow you to combine multiple debts and consolidate them into a single loan so that you pay a single interest rate and a single monthly payment. Most debt consolidation loans will offer you a lower interest rate than you are receiving on your credit cards and personal […]

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Debt Agreements vs Bankruptcy

Be debt free

Many thousands of Australians have difficulty in managing their debts each year and some people reach a point where the stress and worry becomes overwhelming.   If this is you, you are probably trawling the Internet for answers or seeking the advice of family and friends. There are a few options for dealing with unmanageable debt […]

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