Money Habits

Personal Finance
Education
Personal Finance Education
Most of us spend the first 20-odd years of our lives learning the skills required to get a job - so that we can then spend the remainder of our lives trying to earn enough money to live. Whether we like it or not acquiring money is the backbone of our very existence. It has to be, because whether you have a lot of it or very little of it, from cradle to grave, money is going to be an important aspect of your life. In fact, even after death there are money matters to be considered.

So given the fact that money is central to just about everything that we do in life, how is it that very few people have more than a superficial understanding about money, wealth and finance?...

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Using Your Credit Card Correctly
Using Your Credit Card Correctly
A credit card is a tool which, if used correctly, is a tremendously useful asset. However, if used incorrectly it can have long-reaching and potentially catastrophic results. Like most tools though, becoming a master with your credit card correctly simply requires a bit of diligence and the need to follow a few simple rules.

Firstly, you should make sure that the credit card you use suits your style of financial management. Not all credit cards are created equally and not everyone has the same financial management habits. If you're likely to be running up balances month after month, choose a card with no frills but low interest. If you're good at paying off the balance each month, choose a card that provides rewards such as cash back or air miles...

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Christmas Debt

Christmas Debt
For many people at Christmas what should be a time of celebration to share with friends and family becomes a nightmare of stress and worry over how to cope with the cost.

Many people and families struggle from month to month to make ends meet at the best of times, and the sad reality is that the extra burden of Christmas is enough to send many over the financial edge....Read More >>

The Cost of Being Poor

The Cost of Being Poor
‘You’ve got to have money to make money’. We’ve all heard the phrase, we know what the phrase means and we certainly don’t have to look too hard to see plenty of examples of how that’s true. People with assets and disposable income are much better placed to take advantage of the opportunities and possibilities that life offers...Read More >>

Credit Reports

Credit Reports
Credit reports are a means of assessing an individual for the purpose of extending credit to them. Each and every time you take out a loan, pay for something on credit or take out a new credit card account, an entry of such is listed in your credit report. At a glance, a potential creditor can look at your financial history and make a judgement as to whether or not you are deemed credit worthy...Read More >>

Get Out of Credit Card Debt

Get Out of Credit Card Debt
The sad irony of getting caught up in credit card debt is that the fees and charges the credit card issuers slap onto your account normally makes it ever more difficult to claw your way back to financial freedom. It's often the case that the addition of these charges actually creates a condition called 'negative amortisation' - a situation when despite payments being made to the account...Read More >>