Monthly Archives: October 2013

Should home loan reduction be your first priority?

We are usually told by experts that we should maximize our tax deductible debt while minimizing the debt that has no such benefit. Where does that live the family home loan? If you own a property in personal names which is your primary place of residence and which has a mortgage, should the reduction of this mortgage take priority over...
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Suffering from a financial leak?

There is a reason why some people are always on top of their payment obligations and others seem to be constantly chasing their tail. It has little to do with how much money you actually are earning and more to do with money management and strong budget controls. Check your bills and statements Do you check your  credit card statements...
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Who are AFSA?

AFSA are the Australian Financial Security Authority. They were previously known as ITSA. Amongst its range of responsibilities, AFSA are responsible for the administration and regulation of the personal insolvency system in Australia. This includes bankruptcy, personal insolvency agreements and debt agreements. Key Functions of AFSA AFSA has a number of roles that are essentially defined by the Bankruptcy Act...
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Credit history matters

Do you know what your credit history is like? It seems that majority of Australian have no idea about what is on their credit report or even the fact that they have a credit report. Naturally this lack of knowledge can be detrimental on ones ability to address credit history errors and problems. If you do not know that you...
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