Student loans, like any other debt, can be hard to shake. Here are my top tips for putting them behind you. Debt is just a fact of life for most of us. With almost two in three Australian adults carrying some form of debt, it can often feel like trying to push a boulder up… Read more »
With this week’s Reserve Bank board minutes indicating official interest rates will stay high well into next year, household debt management will remain a huge priority for Australians. Loan repayments are crippling family budgets at a time when cost of living pressures are squeezing spending and credit card balances rise to plug the gap. Debt… Read more »
NAB has launched of its new Buy Now, Pay Later (BNPL) product, NAB Now Pay Later, with NAB customers now able to pre-register for early access to the service. Unlike some other BNPL products, NAB’s offering has no late fees, no interest and no account fees. This makes it a potentially cost effective option when compared… Read more »
Have you set some solid debt limits on your household budget yet? If you haven’t, it’s high time you did. With so much talk among politicians and in the media about Australia’s national debt levels and our ongoing budget deficit, it got me thinking. How do you assess your own household debt and know when… Read more »
All of us make silly money mistakes at one stage or another, but some will affect your future more than others. It’s pretty common to make one or two questionable financial decisions when you’re young. But while some money mistakes are just a bit of fun and part of growing up, others can hang around… Read more »
Each week we ask a question to help you focus on an area of your finances that might need a closer look. This week: How can you automate your finances? You’ll have heard it many times: automate your finances to really get ahead. But what exactly does that mean, and why does it matter so… Read more »
It can feel like a never-ending cycle of pain, but there are things you can do to ditch the debt and step off the carousel. There’s nothing worse than feeling overwhelmed by debt. It is a harrowing experience which can often seem to have no end. But there is a solution. It is never quick… Read more »
The debt avalanche method is the fastest way to pay off your debts, so it can save you a stack of money in the long run. While a ‘debt avalanche’ sounds like you’re about to wiped off the face of the earth by debt, it’s actually the opposite. Instead, it’s a debt repayment method that… Read more »
If you’re tempted to use one or more payday lenders to get you through the working week, just don’t. It’s never a good idea. By Georgie Koch In today’s society of instant gratification we can get most services and convinces at the touch of a button or tap of a screen. Anything less than lightening speed and we crack… Read more »
‘Buy Now, Pay Later’ seems like the best thing that’s happened to credit since credit cards were invented. And therein lies the BNPL trap. Many people will happily use BNPL services like Afterpay and Zip Pay without issue for years. They’re the people who can afford to pay for an item outright, but shrewdly choose… Read more »
