How Quick Loans Can Help You Take Control Of Your Finances

If debt is a pervasive part of your life, and every now and then you are looking for quick loans, you are not alone. But, don’t you know that you can find your way back to a stable financial ground with good planning and a little bit of work?

People are in debt because…There are many […]

By |March 16th, 2017|Categories: Financial Planning|Tags: , , , , , , , |Comments Off on How Quick Loans Can Help You Take Control Of Your Finances

How to Manage Your Money like a Millionaire

How do millionaires make their money, especially when they’re so young? And just as important, how on earth do they manage it? What are their secrets, and can we learn from the methods that they apply?

Well, Capgemini Consulting made it a little easier for us with the report in which they reveal young millionaire money […]

By |August 23rd, 2016|Categories: Debt Consolidation, Financial Planning, News|Tags: , , , , , |Comments Off on How to Manage Your Money like a Millionaire

How to Adhere to your New Year Resolution to Save Money

Everybody makes New Year resolutions, but most of us fail to stick to them. With every start of a new year, we want to change our lives for the best, but because of lack of proper planning and genuine determination, we only follow the resolutions for a couple of weeks, and afterwards, we completely forget […]

By |December 9th, 2015|Categories: Bad Credit Loans, Debt Management, Financial Planning, News|Tags: , , , |Comments Off on How to Adhere to your New Year Resolution to Save Money

Buying Shares from Big Banks Paying Off Well

Buying shares is a form of investment. People do invest because of various reasons. Some do it out of concern for their future while others do it because they have extra cash and they want to put it in an investment. Setting up an investment is easier compared as before. Nowadays, you can invest online […]

By |October 9th, 2015|Categories: Debt Consolidation, Financial Planning|Tags: , , , , , |Comments Off on Buying Shares from Big Banks Paying Off Well

Pay Off Debts and Save for Retirement

Saving up for retirement is one of the things that everyone should pay attention to and take into consideration. Sooner or later, you’ll realise it’s time to stop working and retire. It would be nice to retire if you have sufficient money and don’t have any debts to pay and worry about. Retirement is a […]

By |July 23rd, 2015|Categories: Debt Management, Financial Planning|Tags: , , , , |Comments Off on Pay Off Debts and Save for Retirement

Making Sense of Australia’s Comprehensive Credit Reporting

Understanding Bad Credit with Australia’s new Comprehensive Credit Reporting
Australia’s new comprehensive credit reporting system came into effect from March 12 this year and has changed the manner in which some lenders look at risks when accepting new clients. […]

By |July 7th, 2014|Categories: Financial Planning|Tags: , , , , , , , , |Comments Off on Making Sense of Australia’s Comprehensive Credit Reporting

Good Resolutions You Should Know About with the New Financial Year

Good Resolutions You Should Know About with the New Financial Year
You may agree that New Year resolutions tend to be very difficult to keep. As the months of the year move on, you may realise that you have already failed in keeping those. More difficulty comes with the financial aspect. It could be very hard to keep the resolve not to overspend or not to make bad financial decisions.

Fortunately for all of us, the new financial year comes to bring a second chance. If you faltered in your New Year resolutions especially those involving personal finance, you may still do better and catch up in the new financial year.

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By |July 30th, 2013|Categories: Financial Planning|Tags: , , , |Comments Off on Good Resolutions You Should Know About with the New Financial Year

Top money saving tips with a financial planning strategy

If you are trying to save money, then you won’t be short of advice on how to go about it.

The Internet and various conventional publications are overflowing with well-intentioned wisdoms.  Many of those ideas are perfectly credible and even laudable but unless you’re either very experienced in financial management or psychic, you may struggle to make sense if at all.

That’s because some elements of that advice are going to be in conflict with each other and it’s also fair to say that great chunks of it may not be particularly pertinent to your individual circumstances.

However, don’t give up!  The answer is what’s called a financial planning strategy and here are some top tips about how to go about putting one together. […]

By |May 30th, 2013|Categories: Financial Planning|Tags: , , |Comments Off on Top money saving tips with a financial planning strategy

Having a Financial Plan vs. Day to Day Approach

In a month, your income may or may not be fixed. But your basic expenses can be constant. To many people, a financial plan is necessary. It can serve as a guide on how an individual can spend and manage his resources. Not all people realise the advantage of having a working financial plan, though. There are those who prefer to spend without planning and handle their money on a daily approach.

Money management logically does not naturally or easily come to everyone. A financial plan will always be helpful whether you have tremendous or little experience with managing and handling wealth. Financial planning can generate numerous advantages that can cover different aspects of your life. […]

By |September 28th, 2012|Categories: Financial Planning|Tags: , , |Comments Off on Having a Financial Plan vs. Day to Day Approach

How Can Financial Distress Impact Your Health

The stress caused by the economic downturns and financial shortcomings can literally make you sick. This is quite logical. In the recent global economic downturn, many evidences were recorded linking financial distress to various health conditions. That link is not surprising.

In 2005, a research was conducted in the US to identify possible health implications of financial distress. That study explored specific health effects that are often and logically associated with financial problems. It surveyed random individuals from across the country.

The results showed that there are various perceived possible effects of financial stress on both physical and mental health. Financial problems and poor health are associated. Stress is the main health impact of job loss, piling debts, loan defaults, and budget shortages. From there, many other health conditions can possibly ensue. […]

By |June 27th, 2012|Categories: Financial Planning|Tags: , , , , , |Comments Off on How Can Financial Distress Impact Your Health

How to Financially Deal with a Job Loss

With the previous spates of job layoffs amid the economic crisis, everyone logically feels nervous about possibly getting in debt and running out of cash. These are interesting times and all of us should focus just on the positive. Stay productive and resourceful especially when dealing with your finances.

Job loss could be inevitable. No one could be spared once the financial crisis bites on companies. That is why you should be prepared for the unexpected. It is important to know how to cope with a possible crisis. You could cope with the loss of your income if you would observe the following tips. […]

By |April 4th, 2012|Categories: Financial Planning|Tags: , , |Comments Off on How to Financially Deal with a Job Loss

5 Personal Finance Resolutions

Your personal finance may not have run well in 2011. That is why you must be looking forward to make 2012 a better one financially. You may not have to rely on luck. You could actually make a difference on your own if you would be more determined and disciplined.
Now could be the best time to make your finance resolutions. Take your time and assess your personal finance in 2011. For sure, there are many aspects that need improvement. You could make resolutions and intend to make you personal finance better not just in 2012 but also in the many years that would follow. Here are top 5 of those finance resolutions you should have on your list.

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By |January 10th, 2012|Categories: Financial Planning, Personal Loans|Tags: , , |Comments Off on 5 Personal Finance Resolutions

5 Rules to Avoid a Bad Credit Score

These days, no one could be immune to possible bad credit. Many people are incurring either a job loss or a reduced income. Some just could not control their personal finances effectively. A bad credit score has become very common especially now that many consumers find difficulty in meeting financial obligations.
No one wants to incur bad credit. That is for sure. Getting a poor credit rating is like a curse. It could mean many other problems and difficulties. Bad credit could be a passport to higher interest rates and discrimination from banks and other financial institutions. Fortunately, incurring bad credit could be avoided. Here are five rules you could observe to do so. […]

By |November 30th, 2011|Categories: Financial Planning|Tags: , , , , |Comments Off on 5 Rules to Avoid a Bad Credit Score

Calculating your Net Worth

Your net worth could be an effective indicator of your financial condition. It could measure your annual progress financially. In general, the net worth is the overall sum of all your current assets or properties minus the sum of all your liabilities. This way, you could instantly and clearly see if your assets are still bigger compared to your liabilities, which is the ideal scenario.

Calculate your net worth to determine your current personal financial performance. Do not worry if you think you would obtain a negative figure. Instead, be positive about it and set effective goals to emerge out from the situation. It would surely be helpful and more advantageous if you knew your present financial condition. Furthermore, computing net worth is not as difficult as you think it is. […]

By |October 24th, 2011|Categories: Financial Planning|Tags: , , , |Comments Off on Calculating your Net Worth

Australian Borrowers Cautioned to Curb Spending

Borrowers have been urged to stem their spending over the approaching festive season, as the world financial markets remain unstable. As the end of the year starts to approach, the Christmas holiday period is a common time to splurge on those gifts and leisure activities, without as much concern about the bank balance. This is one of the most common times to accumulate debts.

However the head of Consumer Advocacy at a mortgage corporation Lisa Montgomery, warns it is “an area of spending which traditionally tends to blow out over the last few months of the year and invariably leads to a New Year hangover.” […]

By |May 24th, 2011|Categories: Financial Planning|Tags: , , , , , |Comments Off on Australian Borrowers Cautioned to Curb Spending

Retirees Struggle with Finances

A recent survey has shown that one in four self-funded retirees has been forced to return to the workforce as a result of their shrinking retirement funds. On top of this, retirees are looking to cut spending, accept a lower standard of living, sell assets, cancel travel and recreational activities, or delay retirement altogether.

The survey shows that four in ten have lost more than $100,000 in the market downturn. More than one in ten have lost half of their invested wealth (excluding unlisted property).

As a result, 26% of retirees have been forced to get a job or are planning to do so simply to make ends meet.

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By |May 23rd, 2011|Categories: Financial Planning|Tags: , , , , , , |Comments Off on Retirees Struggle with Finances

One Third of Australians Would Not Survive Unemployment

More than one third of Australians would not survive on their savings longer than one month if they were to loose their job a recent survey by debt collection agency Dun and Bradstreet has shown.
The survey examined plans for saving, credit use, spending and debt in the coming three months. Many Australians are unprepared for financial hardships associated with being made redundant or sacked.

Four in ten people said that their saving would only last them 30 days whilst being unemployed, while 38% said they would have to use credit cards to cover household expenses such as bills and groceries.

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By |May 23rd, 2011|Categories: Financial Planning, Personal Loans|Tags: , , , , |Comments Off on One Third of Australians Would Not Survive Unemployment

The Cost of Raising a Child is now $1 Million

The cost of raising children to 18 has hit the million dollar mark research suggests.  In comparison to the days where children where entertained more simply, parents are now finding themselves forking out for expensive toys, the latest technologies and private lessons for dance, sport, music and schooling.
Considering the average child now stays at home until the age of about 24 the real cost to the Australian parent of raising children is said to be roughly $1,028,093.

Generation Z, (those born from 1995), are the most financially endowed generation of children ever.  Every child has their own set of everything. They are definitely not in the era of shared toys or hand-me-downs.

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By |May 20th, 2011|Categories: Financial Planning|Tags: , , , , , |Comments Off on The Cost of Raising a Child is now $1 Million

Generation Y Become Cautious Investors

Generation Y have never before seen a recession. A survey has found that they are taking notice of the current global financial crisis, which has weakened their appetite for investing.

Once known as being among the most adventurous and carefree of all investors, those born in and after 1980 have suddenly become more conservative than their […]

By |August 21st, 2009|Categories: Financial Planning|Tags: , , , , , , |Comments Off on Generation Y Become Cautious Investors

Start a Savings Habit

Decide your savings goals – this will help you work out the best way to save to achieve them.

Term

Purpose of the loan

Short-term (0 to 2 years)

• Christmas and holidays
• An emergency fund for unexpected expenses

Medium-term (2 to 5 years)

• Pay off loans
• Put a deposit on a house
• Buy a […]

By |March 27th, 2009|Categories: Financial Planning|Tags: , , , , |Comments Off on Start a Savings Habit