Blog
The Assets That You Lose in Bankruptcy
Posted on: 02 February, 2017 . By: Debt Fix
Bankruptcy can be an effective debt relief solution, but there are real consequences. During bankruptcy, many of your assets are up for grabs and you can potentially lose everything from cash in your bank account to real estate, cars, and investments. A trustee appointed by the court to administer y... Continue reading
Personal Debt Agreements Still on the Rise
Posted on: 31 January, 2017 . By: Debt Fix
Overall in Australia, and especially in Western Australia, personal debt agreements are on the rise. Traditional bankruptcies have also increased, but far less so than personal debt agreements. In Western Australia, personal debt agreements have increased nearly 30 percent, while bankruptcies have i... Continue reading
Planning and Preparing for Retirement
Posted on: 10 January, 2017 . By: Debt Fix
As people head towards their late 50s or early 60s, they may be wondering about when it will be right for them to retire. The benefit of a compulsory superannuation scheme allows individuals to be somewhat prepared for this eventual outcome, whilst there are even cases of people who’ve been pl... Continue reading
The Common Characteristics of Debt-Free People
Posted on: 21 December, 2016 . By: Debt Fix
Living a debt-free lifestyle means thinking simply, directly, and sometimes ever-so-slightly out of the box. It means taking on a new manner of thinking, and it means prioritising in a way that changes lives. Those who live a debt-free life share very specific characteristics. It’s no accident... Continue reading
Top 5 Saving Tips before the Christmas Season
Posted on: 07 December, 2016 . By: Debt Fix
With Christmas fast approaching, is it time to think about how to best spend your money? The holiday ritual of buying presents and consuming copious amounts of food results in huge spending for a lot of Australian households. It’s important to be prepared and not over-stretch yourself, because... Continue reading
Student Credit Cards Causing Risk of Bad Credit
Posted on: 22 November, 2016 . By: Debt Fix
Too Easy to Get a Credit Card? New research has found that almost a quarter of Australians have signed up to a credit card as a teenager. The accessible nature of attaining your own credit card has fuelled warning that without the right education or guidance, this could easily lead to a debt spiral... Continue reading
Top 5 Apps to Help Control Your Personal Finances
Posted on: 16 November, 2016 . By: Debt Fix
Have you ever wondered how much of your money goes to paying off bills? Or how much disposable income you can afford to spend without affecting your day-to-day living expenses? Organising your finances can be a time consuming and mundane process. Keeping track of your spending and expenses is not a... Continue reading
4 Reasons Not To Borrow from Family or Friends
Posted on: 26 October, 2016 . By: Debt Fix
Borrowing money from friends or family can be a very sensitive topic, but one that might ring a familiar bell to a lot of people. Whether you’ve experienced this yourself or heard stories second-hand, situations like these can prove to be quite complicated for all those involved. Whilst the co... Continue reading
Mounting Credit Card Debt Could Be the Next Big Crisis for Households
Posted on: 07 October, 2016 . By: Debt Fix
Has your bank ever asked you to increase your credit card limit? Or did you ever think it was too easy to increase the amount you can spend on your card? These questions may resonate with a lot of Australian consumers and households, as the issue surrounding credit cards have been put under intense ... Continue reading
Our Financial Advice for Young Adults
Posted on: 20 September, 2016 . By: Debt Fix
When it comes to money, what’s the best way to teach children how to manage it, and save for the future? Whether you’re still in school, studying at university, or building your career, anyone who starts out an independent life controlling their own finances may think that the future is... Continue reading
