Australians pride themselves on being friendly and welcoming. That philosophy extends to our health care system as well. A public, government-funded health care system, called Medicare, provides basic care for every citizen.
Medicare typically pays for:

100 % of in-hospital costs at public hospitals
75 – 85% of General Practitioner and specialist services

Additionally, the public system covers:

most immunizations
100% of prescription medicine costs
30 to 40% of the premiums for private health insurance cover

Treatment under the public health care system does not extend to Australian citizens traveling outside the country, so travel insurance is …

Well, you’ve overspent, and now you find yourself dealing with the consequences of the debt you have accrued. But hey, you’ve matured and you’re ready to move on and scale that mountain of debt before you are buried under it – which is a very real possibility, depending on your age.
Since rampant debt and the subsequent repayment can ruin lives, we thought we would take a look at some debt management strategies to help you get a handle on your debt.
Make Minimum Payments
This is the debt management strategy that the …

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 …