Archive for the 'Debt' Category

Balance transfers, a good idea?

In today’s world of ’spending on credit’, many people can find themselves at a point where they have so much debt and such large interest repayments, that they can’t even imagine a way out. With credit card interest rates the way they are, its very easy to be paying hundreds of dollars a month on [...]

The Global Financial Crisis

By now you’ve more than likely heard about the global financial crisis. It’s been on the television, in the newspapers, and just about everywhere else. 
For a lot of people the reasons behind it are obvious, however there are a lot of people out there who don’t know exactly what its all about. In the end [...]

A Roadmap To Wealth

Have you ever wondered if there is ever a light at the end of the tunnel? With all this talk of debt removal, budgeting and the prospect of very small initial returns, it crosses everyones mind.
A great way to put your mind at ease is to step back and take a look at the bigger [...]

Starting with nothing first steps: Starting at nothing.

Thats right, unfortunately the first part of creating wealth is removing debt. In the short term it isnt a lot of fun, but in the long term it will get you miles ahead.
I, not so long ago, had a $6000 no-repayment loan (being a university student) that i had sitting over me. It didn’t require [...]