Most of us have a fair understanding that weddings can be a costly exercise, but do you actually understand just how much the average wedding costs in Australia? A bit over $36,000, based on Australia’s Money Smart website. And that was in 2012! In today’s times, it’s probably somewhere around the $50,000 mark. I suppose…
There’s no doubt that reaching your 30’s is a big landmark for everyone. Even though some of us may have bought their first home, started a career, or even a family, this decade of our lives has a significant financial impact for the coming years. For most individuals, our financial obligations have probably grown and…
There’s no doubt that your 20’s is a very enjoyable stage of your life. There’s a nervous but exciting feeling about becoming an adult, moving out of home, and being financially self-reliant. Regardless of whether you began a career, a university degree, or spent time traveling the world and gaining life experience, your 20’s is…
Most of us go through stages in life where money is tight. Luckily for us, there are particular expenses that we can easily do away with, such as cable TV, gym memberships, and dining out at restaurants. Despite this, there are other costs that we simply can’t avoid. Rent, debt repayments and school fees are…
Nowadays, saving money is a quest that everyone wishes to achieve, but usually it can be a difficult task for many families. Mortgage repayments, bills, food, and everyday essentials add up quickly, leaving most households with little to no savings. Being able to save money and enhance your life appears to be a paradox, as…
The New Year is definitely an optimal time to reflect on the previous year and make some resolutions to improve ourselves. Most people’s resolutions focus on getting healthier, enhancing their career, or improving their financial circumstances. Now all of us understand how difficult it can be to stick to our New Year’s resolutions, so it…
Congratulations! You’ve successfully fulfilled your 3 year period of bankruptcy and have been discharged, so now what? You’ve obviously taken the most appropriate measures to resolve your financial troubles by declaring bankruptcy, and all your debts are well behind you now. Bear in mind though, there’s still a lot of work required to get your…
Christmas can be a wonderful time of year. Spending quality time with your extended family and friends, going on holidays, giving gifts to loved ones, and of course the acclaimed Christmas meal! It’s unquestionably a time for giving, and with this comes costs. It’s very easy to go overboard with family holidays, presents, and extravagant…
When people in Fremantle ask me about bankruptcy, I love telling them about the traditional Native American Fable of the small boy and the Rattlesnake. An old rattlesnake wants a passing young boy to carry him to the mountain top to see one last sunset before he passes away. The boy was hesitant, but the…
Generally everyone dealing with bankruptcy in Fremantle has this uncertainty about their job, and the answer to the question is ‘maybe’. The problem with some occupations isn’t that you cannot do the job any longer, it’s more an issue of professional bodies or institutions that view bankruptcy in a dim light and can make it…