As you may have noticed, I have two bars on my sidebar (right). The first one is how much money I have placed in my savings account, the second, my debt accumulation. I don’t wish to focus on having debt or even the thought of it, however the more I visualise no debt and money [...]

Lehman Brothers, one of the major financial brokers in America, has been forced to file for the biggest bankruptcy in history, according to the Financial Review this morning. Lehman Brothers, the 158-year-old finance broker, had made over US$59 Billion in 2007 with it’s total assets equating over US$691 Billion in the same year. Lehman Brothers [...]

Woolworths, one of the biggest supermarket chains here in Australia has now gone into the finance market but primarily focused on credit cards, for now. The Sunday Morning Herald (SMH) is now calling them by a new name: “Woolworths – The Credit Card People“. The new entity, “Everyday Money” will not only provide credit cards [...]