Budgeting
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
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
How to Stay on Budget When you’re in Debt
Posted on: 16 March, 2017 . By: Debt Fix
All people should be taught the value of making a monthly personal budget. If handled properly, a good budgeting process can help people achieve their personal financial goals without an over-reliance on consumer debt (personal loans and credit cards). In some circumstances, people who fail to budge... Continue reading
3 Ways to Immediately Improve Your Savings Habit
Posted on: 27 April, 2017 . By: Debt Fix
Embracing a saving culture is one of the most important decisions you can ever make in life. Saving enables you to prepare for the unexpected and plan for life after retirement. You need to do everything possible to develop a saving habit. It needs to be something you enjoy doing instead of a burden... Continue reading
7 Budgeting Tips for New Parents
Posted on: 04 June, 2018 . By: Debt Fix
Having a child is a life-changing experience, and that extends to your finances. New estimates from the Australian Institute of Family Studies put the cost of raising a child at $170 per week for a low-income family ($680 per month) when you add up food, clothing, school and other expenses needed fo... Continue reading
Credit Card vs. Personal Loan: Which Is More Affordable?
Posted on: 26 February, 2019 . By: Debt Fix
Whether it's paying for a holiday or Christmas gifts, Aussies are prone to reach for their credit cards when they need some extra cash. According to data from the Reserve Bank of Australia and Finder.com.au, the nation spent a total of $29.7 billion on credit cards in December 2018 alone, or $1,863... Continue reading
Budgeting for a Baby: How Much Do You Need?
Posted on: 02 August, 2019 . By: Debt Fix
Having a baby is an exciting time, but it can also bring stress and worry if you haven't got your finances in check. On average, it's estimated that Australian parents spend around $10,000 in their baby's first year alone, but this can be reduced significantly with good planning. The earlier you pr... Continue reading
How the 50/20/30 Budget Rule Could Help You Save
Posted on: 23 August, 2019 . By: Debt Fix
More than 1 in 3 people in Australia live from paycheck to paycheck, according to UBank research. If you feel like there's never any money left at the end of the month, the 50/20/30 budgeting rule could help you to take better control of your finances. This rule of thumb was popularised by Elizabet... Continue reading
