Effect of us shutdown on Australia

US shutdown has started from Tuesday, due to the unsettled negotiation between the Republicans and the White House. The US government effectively shut down at midnight in Washington as the two parties did not reach a deal on extending the budget. How will this shutdown affect Australia? For Australia, the initial effect of this shutdown will be small but will cause a drastic effect, if the situation prolongs. Continue reading

Zero interest loans

The superannuation industry act of 1993 states that unless the parties are dealing on arm’s length terms, a trustee must not invest.  A trustee can borrow from a member of the SMSF on a term of no arm length or more favorable to any other parties.

Low or no interest loan

The awareness of the zero interest loans is necessary for any superannuation savers with self managed funds.  The zero interest loans are made by the SMSF trustee under a limited recourse borrowing arrangement. Continue reading

How to improve my finance learning?

Many people as well as small to large businesses have a whole team of experts and financial analysts who advise and help them grow in knowledge of finances. Many at times it has been proven that individuals who have handled this independently have generated the same funds as the experts? So, why not learn and cut down the extra cost of hiring people? Continue reading

Methods of planning for a decent credit history

The necessity

Currently, people all over the world prefer to rely on bank loans for purchase of expensive commodities such as automobiles, houses etc. As a result of this, the banks that issue these loans have set a number of requirements for all citizens to follow. Amongst them, a good history of financial transactions is the most important one. Continue reading

Importance of Fixing a Bad Credit History

Having a good credit history will always help you in getting the best deals for any kind of loan. However, if you do not have a good credit score, it can affect your entire lifestyle. Whether you take credit scores or credit history as a serious issue or not, it will definitely affect you in some or the other manner. Continue reading

Solutions for Credit Card Debt

If you are suffering from a major credit card debt, this article will surely help you in figuring out a solution.

What to do?

If you have a big debt and need to get rid of it, you must see some renowned dealer. These dealers help you in giving you the best possible way in minimum percent payment. The dealers will help you in making a settlement. You must make sure that you choose the right company, so that you benefit the most. Continue reading

Credit repair – a full fledge business?

Did you know that there is a whole business out there that specially caters to fixing bad credit history of people? This is not only a new chapter in people’s life but this can be very much rewarding on the whole whether you are starting out afresh on your own or have been your manager for many years. God credit history is important if you want to have choices for attaining loans in future too. Continue reading

A new plan for managing debt

Financial mistakes

Many times, it happens that a person ends up creating a bad name for himself in the financial world, due to lack of proper knowledge and mismanagement of funds. As a result, he has to face the music without even realizing what his mistake was. In such cases, it is wise to opt for the new debt management scheme, which is available in the markets. Continue reading

The meaning of managing fiscal problems

Risk discourages investment

In the world of finance, the word ‘risk’ is used quite extensively and it is quite veracious that it scares a lot of people into staying away from this sector altogether. Risks are present in all fields now-a-days; however, where money is considered, there are a few rare people who like to gamble their hard-earned money and take the leap of faith into the financial world. Continue reading