So, you’re thinking about saving some money for when you’ve retired, and you’ve heard of Self Managed Super Funds, and in fact your mate reckons that they’re the best thing since sliced bread and that you should most definitely get one. So, how do you go about starting one?
First off, you should consider whether or not an SMSF is suitable for you. For example, if you have under $200,000 to put into it, you might well find that by the time you’ve paid establishment costs and accounted for the $10,000-$15,000 …

Today we thought we would take a look at something many people in financial problems consider – a debt consolidation loan. The premise sounds nice, even sexy. You go to a bank, get a loan to pay off all of your debt, and the interest rate on the loan is lower than your average interest rate on all of your debt which saves you money.
Debt Consolidation Benefits

One monthly payment instead of many reduces the complexity of your financial life as you only have to track …

The credit card debt mountain is growing at an unprecedented rate, all over the world. Therefore, it is understandable that more and more people are having problems repaying their debt and are looking for some form of credit card debt advice. Then you are hit with another problem – there is too much credit card debt advice out there!
Which piece of advice is right for you? You may want to reduce your credit card debt payments but you don’t want to be paying it off for 30 years. You may …

Personal loans are used to purchase new cars, fund holidays, update and improve your home, and even consolidate debts.  There are different types of personal loans.  The two main types are:
Secured Loans – A secured loan has some asset held as collateral against payment.  A car loan is an example of a secured loan.  If you don’t pay your car note, the lender has the right to confiscate your ride.
Unsecured Loans – An unsecured loan has no collateral set against it.  A credit card is an example of an …

Despite Australia seemingly missing the worst of the Global Financial Crisis, there is no question that these are difficult economic times. To many people, it is a struggle just to pay the bills each month.  Other people are in an even more difficult situation and, with each passing day, they are falling even further behind.  What do they do?
Debt consolidation and bankruptcy are two options available for those who are deeply in debt.  However, is one option better than the other?  Which option is right for you?
Debt Consolidation
Debt …