Archive | Get Rid of Debt

Get Rid of Debt

Get Rid of Debt

If you are serious about getting ahead financially, then getting rid of debt should be one of your top priorities. Short term debt is the worst kind as it generally has very high interest rates and high repayments. It comes about for three reasons – an unexpected expense, sudden loss of income or long term […]

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Get on Track for 2015

Get on Track for 2015 A new year, a new start and new goals to achieve. How nice it would be if we could start the year with a clean slate; no debts and a few dollars in the bank. If your finances have got out of hand with all the craziness of the holiday […]

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De-stress your Finances

De-stress your Finances Worries about money can cause significant levels of stress that affect your quality of life, your relationships, your health, your ability to study and your career. American research shows that money is the prime cause of arguments between couples, with over 30% of arguments being about money. Couples who argue about money […]

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Get Rid of your Money Hangover

Get Rid of your Money Hangover The party is over and it is time to take stock of the financial damage done by holiday excesses. If you are feeling as though you have a money hangover, here is what to do so you can get back in control of your finances. Face the reality of […]

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Christmas Leftovers

Christmas Leftovers Christmas is the time of good cheer but when the guests have all gone and the wrapping paper and dishes have been cleared away, there are the leftovers to contend with. Unfortunately, for many families, the most problematic leftovers are debts. Just like turkey and trifle, left over debt needs to be packaged […]

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Three Reasons Not to Pay Your Mortgage Off Quicker

Three Reasons Not to Pay Your Mortgage Off Quicker Reaching retirement age with a debt free home and a pile of money invested is the aim of most people who plan to enjoy a comfortable retirement. Each of these goals requires a significant amount of saving. The big question is: which should take priority? Having […]

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Shrink Debt

Get Rid of Debt

Shrink Your Dumb Debt One of the biggest barriers to creating wealth is dumb debt; that is, high interest, short term, avoidable debt. Last week, the Commission for Financial Literacy and Retirement Income launched a campaign to educate New Zealanders on the implications of dumb debt and how to get rid of it. Research by Colmar […]

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How to Pay Off Your Mortgage Faster

Pay Off  Your Mortgage Faster One of the best ways to get ahead financially is to pay off your mortgage as soon as possible. The first step towards doing this is to create more surplus income; that is, the difference between what you spend and what you earn. This means either cutting back on your […]

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Be Credit Card Smart

Be Credit Card Smart Credit cards are both a convenient way to pay for purchases and a trap for those who are easily tempted by access to credit. Being smart with your use of credit cards can help you manage your money better and avoid getting into too much debt. These simple tips are all […]

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What to do with your Tax Cut

Tax Cut Priorities There is a great opportunity right now for everybody in the work force to improve their financial situation. Unfortunately, the majority of people will miss out on this opportunity through not taking the right action. From 1 October, income tax rates will be cut and Government benefits will be increased. While GST […]

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The Eight Worst Credit Card Mistakes

Credit Card Mistakes Credit cards are one of the most useful yet also one of the most dangerous modern financial inventions. Use them wisely and you can make money from them. Use them unwisely and you can lose everything you have. The worst mistakes you can make with your credit card are:   Paying only […]

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How to Manage Your Revolving Credit

Crunch your Credit A line of credit, or revolving credit, is a very useful facility to have as part of your mortgage structure. The way it works is that you are committed to pay back only the interest each month and interest is charged only on the amount borrowed. Repayments of principal can be made […]

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