Debt Freedom Blog
Living Without Credit
Living without credit these days is a not too common occurrence and basically credit debt is the norm in most developed countries. Some people sport two or three credit cards but averaged out over every Australian we hold approximately $3,147 on our credit cards....
Resources for financial hardship
Are you struggling to meet your repayments? It is best that you contact your creditors as soon as you can to discuss your situation and review your financial hardship options. There are a variety of options available depending on your circumstances, particularly for...
Seven steps of debt elimination
Respected finance author, Dave Ramsey, said that becoming debt free is “20% knowledge and 80% action.” Meaning there are no magic tricks and no elaborate calculators or quick fixes to debt elimination. But what actions can you take to slay your debts and make a big...
Steps to stop the credit spiral
Reducing your credit card use can be difficult if you are in the habit of pulling out the card for every transaction. Or if you have no savings account and are living pay cheque to pay cheque. To reduce your credit card use and eventually your debt, the first step you...