Credit counselors work to help people fix their bad credit scores or help them make better and more calculated decisions, when it comes to handling their finances. Of course, credit counselors are paid for their professional advice so some might ask if getting credit counseling is right for them. The answer would actually depend on […]
Studying in university is one of the costliest things that most people have to go through. With thousands of dollars being spent a year, some students are hard-up finishing their schooling with all the bills to pay. Some students who already graduated from university have student loans to pay. Indeed, university costs are high but […]
Lack of capital funding is one of the most significant issues faced by many entrepreneurs. While an entrepreneur may have a great idea and be incredibly passionate, the absence of operating cash means that a business will struggle to remain viable. It is also a difficult situation when entrepreneurs who have already experienced success choose […]
In the wake of banks choosing to only pass on a fraction of the interest rate cuts made by the Reserve Bank, credit card customers are rushing to pay off their credit card debts. People with car loans and personal loans are behaving in a similar way too Figures recently released by the Reserve Bank […]
Any person who makes use of credits, has a credit history. This is mainly a log of activities that you have done concerning finances charged by credit. Credit history can cover years of financial activities you have done and it is used as a basis by many institutions, when applying for many different things.
According to many financial commentators, it is possible to cut spending and reduce costs by taking a good hard look at your budget and finding tangible ways to make savings.
These days, people are looking for ways to save on money. There are actually a lot of things that people can do to save money like sticking to a budget and just spending less but there are also a lot of things that people can do at the household, to cut down on expenses. Just […]
According to Nicole Avery, managing a household budget with a large family of five children, on a single income, requires discipline and a watchful eye on spending.
Many people are surprised when one or more companies, institutions or individuals turn down their application for a mortgage, car loan, personal loan or even a credit card. What is more discomforting is that most of the time there is no explanation for the refusal, which happens when a credit score is really bad. In […]
Financial commentator and author of the Herald Sun’s weekly column, Barefoot Investor, Scott Pape, writes that the 60-20-20 concept is a money management plan that according to Pape, allows you to set a budget which will then run on autopilot provided you stick to it.