Why You Should Think Twice Before Using Your Bank’s Budgeting App

If you’ve been watching the news lately you will certainly have noticed that the Australian Banking Royal Commission has revealed a number of ‘less than desirable’ practices that have been used by our banks. What you may not have known though is that over the last couple of years, with the threat of a royal commission over their heads, the …

Make Your Passion a Business

Over the last few weeks we’ve been looking at ways of generating extra income and currently we’re looking at the topic of starting a part time Business compared with taking in extra work and therefore being Self-Employed. If you missed previous installments and want to catch up, go to my blog menu. Last week’s installment is at https://simplybudgets.com.au/business-self-employed/. The difference …

Why Would I Accept This Offer?

Why Would I Accept This Offer? I received a letter in the mail the other day offering for me to pay my electricity bill monthly rather than 3 monthly. To some this might sound like a good idea and a way of making the electricity bill less of a shock when it arrives (pun intended). However I don’t think it …

My ‘Unhappy Birthday’ Surprise

It’s March already which means I’m having yet another birthday very soon (I’m clinging onto the 50’s but only just!). What do I want for my birthday this year? Not much really, but what came my way could have left me with a rather unhappy birthday. Every one of us experiences what happened to me so I thought I would …

Debt Consolidation – Opportunity to Smash Your Debts

I often come across people who are using debt consolidation to get out of a debt faster. They have refinanced their mortgage to a lower interest rate and at the same time have ‘consolidated’ other higher interest rate debts such as Credit Cards, into their mortgage. If you have used my DebtBuster software you will have seen the power of …

Debt Rules

If the response to my last blog is anything to go by it appears that many people are keen to make a change for the better with their finances starting right now. It also appears that debt is a major concern to many people. So today we start looking at the simple steps you can take to reduce the debt …

Financial Success in 2016

I’m sure astronomers have failed to report that the world’s orbits around the sun have started accelerating! We’re roaring into the second half of the decade and 2020 is really not that far off! Early in December 2015 I was feeling like I needed a break. Instead I installed a Swimming Pool in my back yard and fenced and paved …

What is the value of a car?

What Is Your Car Worth? It never ceases to amaze me how much people spend on the purchase of a car. There is a general rule of thumb that says you should not spend more than two months income on a car. Clearly this rule is either not known widely enough or it is just being ignored. If you follow the …