debt reduction Archives

making the most of your interest rate cut

This month the RBA announced a rate cut for Australian homeowners. What are you going to be doing with your rate cut?

get out of debt and stay out

Finding out and using your credit rating to confront and reduce your debts.

debt free and thriving–a free ebook on getting out of debt

I’ve been working hard lately on writing an eBook about how to get out of debt and today I’m ready to launch it into the world! This time of the year is popular for deciding to reduce debt – getting out of debt and saving more money are two of the most popular New Year’s [...]

5 techniques to a secure financial safety net

Go beyond the emergency fund with these five tips to help ensure a secure financial future.

taking your small savings and making them bigger

Saving small amounts certainly adds up, but you can super charge your savings with the power of compound interest, either interest earned on savings accounts or investments or interest saved by paying down debt more quickly than the minimum.

3 strategies that will get you out of debt quicker

This is a guest post by Jason Holmes. The debt scenario in Australia has reached great levels. There are many sinking in credit card debt, looking for ways in which they can get out of debt. If you are one such Australian hit by debt, then you must try and come out of the situation. [...]

good debt v bad debt – is there such a thing?

Is there such a thing as ‘good debt’ and if so what is the difference between good debt and bad and how can knowing the difference affect your finances?

Compounding Interest And Debt Reduction

Interest doesn’t only compound on our savings, it also compounds on our debt. Understanding how compounding works can not only increase investment returns, but can save you thousands in interest on debts.

Little by Little – Snowflaking Your Way Out Of Debt

Snowflake your way out of debt. On top of snowballing, this is an effective way to pay off debt fast.

Building Momentum With The Snowball Debt Reduction Method

The snowball method of debt reduction is a powerful way to reduce debt in less time saving you more money.