With interest rates at an all-time low, you may be wondering whether you should fix your home loan or choose a variable rate option. This is an equally important question if you’re looking to buy a new home, or if you already have a home loan and simply want to make sure you’re getting the best deal possible.

Of course, there is a third option to consider – splitting your home loan. This allows you to hedge…

While debt can be a part of life for most people, there are both good and bad forms of debt.

No-one really likes having debt, but knowing the different types and how to manage them may save you money and give you a better lifestyle.

Good debt Vs Bad debt

Sometimes debt is a necessity. Take buying a home for example. Few people can buy their home outright, so borrowing money for this purpose is generally seen as “good”…

Personal debt is a serious problem for some people. And a serious problem sometimes needs an extreme solution.

While these 5 ways to help you reduce your debt levels may not be for everyone, they could go a long way to reducing some people’s debt levels and give them a better lifestyle.

1. A change of attitude and lifestyle

If you are living the high life or trying to keep up with your friends, or just making too many purchases, then you need a change of lifestyle, or at least the motivation to want to change.

2. Avoid fees wherever possible

Over…

No-one likes Debt. It’s debilitating, can be difficult to shake and, in extreme cases, it can lead to bankruptcy. But there is a way you can rid yourself of your toxic debt and be financial independent again. And best of all it’s easy!

It is called a debt snowball and it will make paying off your debt easier than ever before.

The debt snowball

So what is a debt snowball?

It’s simply a way of paying off your debts – one by one – starting with the smallest debt you have and building to the largest.

Just like a snowball gathers more…