This credit card myth could be keeping you in debt!

Support @ Women with CentsBlog, Debt

This week I am turning myth-buster to answer a question that I received from the Women with Cents community: “We currently have a credit card debt of around $2,800 and it’s the only debt we have. We are hoping to buy a home in the next couple of years and since all our big purchases have been paid in cash … Read More

Drowning in debt? Here’s what you can do.

Women with CentsDebt

Have you heard of the Australian Debt Clock? If you haven’t its worth looking at. It tallies, live, the amount of debt that Australian’s have – and let me tell you, it goes up faster than you can imagine. And those numbers will be well and truly out of date by the time I send this blog! So if you’re … Read More

We were bankrupt… can we get into property?

Women with CentsBlog, Debt, Investment, Mortgage

Hi Tash, we are one year out of bankruptcy and currently renting. We are in our late 30’s with three young children and have come to the conclusion it may be some time before we can purchase our own home.  We are consistently saving $1K per month. I’ve come up with a plan to purchase a unit (if we can … Read More

Is bankruptcy the answer?

Women with CentsBlog, Debt

“Hi Tash, I am considering filling for bankruptcy – my investment property was taken by the bank and sold for peanuts. I have $40k in debts. The constant pressure and worry about money is making me sick. At least this way I can start fresh – thoughts?” I am sorry to hear you have been having such a bad run. … Read More

Should we take on more debt now to be better off later? 

Women with CentsBlog, Debt, Investment, Mortgage

This week I’m answering a community question from a fellow Women with Cents looking to take on some additional debt… My partner and I both have one investment property each which we are paying principal and interest on, and have separate bank accounts, with all our savings in our offset accounts. As they are relatively new loans, both properties are … Read More

004: Demolishing Debts

Women with CentsDebt, Podcast

This week I chat to Kirsty Lamont of comparison site Mozo about recovering from the post Christmas debt hangover. Tune in to learn about the various options available to knocking down your credit card debt, as well as tips and traps to beware of, navigating interest free deals, car loans and mortgages. For most up to date interest rates and … Read More

How do you measure up on THIS scale?

Women with CentsDebt, Mortgage

Now don’t get any ideas, I’m talking about your credit score! If you have ever come across the term ‘Credit Score’ or ‘Credit Report’ and wondered what the heck that is all about then you are not alone! Here are some insights into what it is and how it can affect your application for a loan in the future. A … Read More

Paying down multiple debts is as easy as A, B, C…

Women with CentsDebt

This week I want to tackle another great question from one of our community members: “What’s the best way to pay off loans when you have a few? We have a mortgage, a car loan, and a couple of credit cards. Should we consolidate all loans into one, or should we start with the smallest first?” Well, the answer is … Read More