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.
In most cases, the rich do not get their money for doing a specific job but it is due to a much more interesting matter, most specialists referred to it as passive income. In short, the passive income is obtained safely and constantly regardless of whether it works or not. Is this possible? For most […]
According to financial commentator David Koch, the Government is likely to announce that the Federal Budget is facing a $12 billion deficit due to weakening revenue from mining and the carbon tax as well as reduced company tax revenue.
A loan application is a must for any loan A loan application is a must to avail any type of loan, whether it is a home loan, car loan or an education loan. Apart from a good credit record, you should also study the various loan options available so that you can get the best […]
When looking for the optimal debt consolidation plan, you need to consider a few aspects. You must calculate the total sum of the whole money you actually owe and you need to think about the total money that you actually wish to use for the consolidation plan. Start by getting to know about loan conditions […]
There are those tough times when people may fall into debt. Even people with very successful ways of saving money could go into debt because of uncalled and detrimental situations such as damages to property or medical bills. When these times arise, they can sometimes lead to problems. People going through a financial downward slope […]
A person’s credit history can tell a lot about a person. Before making a loan from the bank and other financial institutions, these companies would first look into your credit history to know more about your reputation, when it comes to finances and debts. Things such as defaults can hurt your credit history. There are […]
According to Nathan Bell, research director at Intelligent Investor Share Advisor, financial independence brings peace of mind and that while many Australians have put off retirement due to years of poor investment returns there are ways to achieve financial success and weather the impact of tax, the threat of recession and inflation. Bell advises a […]