This is a very worrying time for Australians, whether in you are employed, self-employed, in business or have been laid off. The plus side is that the Federal Government has many options for you during the coronavirus (COVI19 pandemic. There are also many options for you to manage your debt at this time.
We have collated the best tools and apps for effective budgeting. If you can see where you money is going and where it is coming from you can make more sound financial decisions for the future.
There are several ways of paying debt, two most common are informal debt arrangements, and a more official Part IX Debt Agreement. An informal debt arrangement does not negatively affect your screidt score unless you cannot stick to it, where as the Part IX Agreement is actually part of the Bankruptcy Act and can serious impact your ability to borrow down the track.
The property market has been doing so well in some parts of Australia that some investors have seen their investment double or even triple over the time they have lived there. In some cases the property market in some areas has done better than stock market.
Savings should be a big part of everyone’s budget but for many of us it is still a small portion of our weekly, monthly or yearly budget. Thinking about retirement is daunting when you also have to think about all the other things you want to save up for.
Financial stress can affect many parts of your life, leaving you physically and mentally exhausted. Here’s some useful budgeting tips to help you manage your spending.
An efficient budget can help you get back in control of your life. Read on to find out more about Just Budget and the financial services that we offer.
Planning a budget is all about compromise. You’ll want to set a reasonable budget plan that you can stick to, all the while making smart decisions on where you spend your money.
While getting a large injection of extra cash can seem like a dream come true, it’s important not to spend it all at once. Clear your debts and make a plan for the future, so that it takes the pressure off your financial situation in the longer term.
Setting an informal debt agreement budget will help you with your payments. Here’s how your budget will be set up.
There are a number of differences, however the main one is an informal debt agreement is not a part of the bankruptcy act.
Sometimes debt can seem so overwhelming that bankruptcy can feel like the only option, but it is not the get-out-of-debt-free- card it may seem to be.
Often when individuals are in a time of financial crisis, tax obligations become hard to manage and this debt can get out of control. Working with the ATO seem like a David and Goliath struggle, but there are options when managing personal and business tax debt.
Sorting out a budget is one of the first things you will do when you see any financial advisor. You will be asked what your income is and what your expenses are. For anyone to get an idea of what their budget is then they will have to know every detail of their financials. There […]
While experiencing financial hardship, many Australians are not aware that there are solutions to reduce your debt. Banks have become more accountable for responsible lending practises and this gives the individual a little more negotiating power.