Avoid Bankruptcy

Written by Medha Roy

Continued from page 1

You are only to make one lowly payment every month and you actually see your debts disappear in months! This is possible due to these debt consolidation experts who convince your creditors to lower their interest rates and make payments easier for you. In fact, you do not interact with your creditors anymore. These experts act asrepparttar middle men and you will only receive letters from your creditors showing yourepparttar 148343 way your debts are decreasing in days.

The other most important thing to remember about managing finances is to avoidrepparttar 148344 debt-trap as much as possible. It is always advisable to make a budget atrepparttar 148345 beginning ofrepparttar 148346 month. And that's not all. You have to live by it. Don't spend on luxuries allrepparttar 148347 time. That will invariably lead to compromise on necessary items. There is no better rule than saving. That isrepparttar 148348 only thing that will help you plug emergency expenses. Bankruptcy isrepparttar 148349 last of allrepparttar 148350 conceivable methods to start afresh. It is never too late to mend. It's just that you need to give up certain things to achieve happiness and peace in your life.

This article can be re-printed and/or published online or offline for free, providedrepparttar 148351 website, http://www.debt-consolidation-loans-credit-card-debt-reduction-services.com/, is posted along with it. The article must remain intact without any alteration.

Medha Roy is the owner of http://www.debt-consolidation-loans-credit-card-debt-reduction-services.com. She has been into personal finance for more than 10 years now!

Introduction to Australian Superannuation

Written by Jonathan Bailey

Continued from page 1

A disadvantage ofrepparttar superannuation scheme is that many Australians, particularly those who change employers regularly, are likely to have various small amounts of money in a number of separate superannuation funds.

This, in turn, can lead to a decrease in earnings as each fund will introduce any number of fees for maintainingrepparttar 148319 account. More significantly, a member account in a superannuation fund can possibly be forgotten in time and become unclaimed.

It is estimated that there is currently more than $7.2 billion of unclaimed and lost superannuation. This works out to about one in every three Australians who have money in superannuation and don't know about it.

As such, it is imperative that Australians take a proactive approach to superannuation by making sure they are always aware of which funds their superannuation contributions are being made to and by rolling over these amounts where practical into a consolidated fund each time they change jobs.

By doing so, one can avoidrepparttar 148320 difficulties involved in having to track down any possible lost money belonging to them after years of neglecting to pay attention to superannuation during employment.

Jonathan Bailey is a columnist for Unclaimed Superannuation, a website providing information on superannuation in Australia and how to track down lost and unclaimed super.

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