Debt Archive

5 Easy Steps to Reduce Your Debt in 2016

Maybe you’re not the type that makes New Year’s resolutions, but we can all agree that you don’t necessarily need a resolution to push you toward better financial practices. 2016 is a great time to further improve your money habits, and perhaps reach some money goals that you’ve set

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Reasons Why You May Need an Attorney to Get Out of Debt

There are many ways to reduce your risk of getting into debt. This includes saving, frugal spending, wide budgeting and proper credit card management. But when facing the inevitable, it is best to take precautions than to avoid the problem. This way, even if you get into debt, you will still be safe. One such

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Thoughts on Borrowing Money to Invest

If you read my recent post, you will know that my wife and I have been talking about investing a lot more lately. Part of that conversation has involved the topic of borrowing money to invest in various business ideas

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Neat Tricks to Get Your Debt under Control

Most people have some form of debt in their lives, and, for more than a few, their debt is quite substantial. From car loans and credit cards to monthly bills and home loans, financial burdens can feel never-ending. There are many options for personal loans through reliable financial institutions such as Heritage Bank, which will

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What is the best way to invest $10,000

How would you invest $10,000 if you had that much money lying around? What a great problem to be stuck with, right? However, if you have never really been into investing before, or you have never had more than a few hundred or even a few thousand dollars to invest previously, the thought of investing

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6 Beginner Mistakes Keeping You (and Your Small Business) in Debt

I don’t have to tell you that starting a business is expensive, but you might not be aware that many small business owners accrue substantial personal debts due to the time, energy, and funding they pump into their dream venture

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How to apply for a personal loan

Applying for a personal loan can be confusing, intimidating and time consuming and if you really need a cash loan, the fear of rejection can be terrible. However, applying or a personal loan doesn’t need to be a daunting experience. With some thorough research and a clear understanding of the process, as well as some

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Debt Busters: How To Eliminate Your Debts in 2015

If you are worried about your rising debt, you are not alone. According to Roy Morgan Research, over half a million Australians carry more than $5,000 in credit card balances and around two million Aussies don’t pay off their credit card debt in full each month. Some debts make financial sense – for example, good

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The Types of Loans That Improve Credit Scores

When used responsibly, loans can actually help to improve your credit score. While the initial credit inquiry does cause the score to lower slightly, it is easy to rebound when you make on-time payments. It is ideal to maintain financial responsibility by only applying for a loan that you can repay even if one member

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Investigating Peer to Peer Loans for Borrowers and Investors

I love the concept of peer to peer loans and lending. Anything that reduces our reliance on the big banks, is definitely worth exploring further. So today I am going to go through the ins and outs of peer to peer loans and what it means for you as either a borrower or a investor

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Generation Slavery

Here in Australia there is a problem. It’s a big problem, nay, a Super problem, with a lot of super big consequences. Like the Treasurer Joe Hockey, I’m talking about compulsory superannuation and retirement in Australia

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Getting the best rates for your loans

Interest that accrues on loans can be downright depressing to look at when you are trying to pay off debt. As I spoke about recently with my post on becoming financially literate, having a large interest debt that I had to repay each month was sucking the life out of our finances and leaving us

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