10 Steps To Create The Perfect Budget

Budgeting methods, such as envelope system and zero-based budget, can be incorporated in creating your perfect budget. Here’s how and then some. Setting up a budget is a prerequisite to a great financial plan. When done right, you’ll have the power to control your own money! “Control over your own money,” imagine that? As J.K. … Continued

Read more

Balance Transfers: How To Use Them Effectively

A balance transfer is moving an existing debt, such as credit card balances or car loans, from an account to another, and it is usually offered with lower interest rate. If your debt has gotten out of control or you’re committed to reform your spending habits, a balance transfer can be good for you.  The … Continued

Read more

10 Budgeting Myths You Need To Know

There are lots of myths, and some misconceptions, out there that concern living on a budget. Let’s take a look and debunk some of these outrageous budgeting myths. Myth 1. Why start now when I’ve never made a budget? Budgeting is one of those skills that everyone should possess and put in place. You risk … Continued

Read more

7 Savvy Ways To Reduce Debt

Are you looking for ways to help you get on top of your financial obligations? Here are MoMa’s seven tips and tricks on how to reduce debt that actually work. Unfortunately, among many Australians, debt has become the norm. It’s extremely hard to save for something of importance when you’re paying large sums of money … Continued

Read more

Do You Need Debt Counselling?

Debt counselling is a service provided that gives advice and support to people who are in financial difficulty. This service is majority funded by the government and is generally associated with an organisation; you’ll rarely will find a private debt counsellor.  More to the point, a debt counsellor identifies whether or not you are officially … Continued

Read more

Will Getting A Loan Improve Your Credit Rating?

Is your credit report not looking good? There are practices you can do to improve your credit rating, such as paying your bills on time, disputing credit score errors, and getting a loan. Now, you might have taken a double look on that last entry and wonder, “Will getting a loan improve your credit rating?” … Continued

Read more

Which Should You Pay First To Get Out Of Debts?

Borrowing money should be a financial tool and not a lifetime burden. So, which should you pay first to get out of debts? How much debt do you have? Check how much debt you’re carrying, and what sort it is. As opposed to the low-interest or no-interest debt, the high-interest debt costing you the most … Continued

Read more