Money, money, money, that’s all we think about and unfortunately, what we need to think about. In modern life, money controls almost every aspect of our day to day lives and influences people to do unthinkable things for a range of reasons.
Greed
People believe greed is a one of the fundamental components that we’re born with, [...]
You may have heard the expression “there is good debt and bad debt” and this is a very true statement but do you question what is good debt and what is bad debt? That’s something I’m answering today, helping you understand simply the importance of both and how it affects your finances and so forth.
Bad [...]
Germany, the third biggest economy has fallen into recession over night as the global financial crisis continues to strike. Europe’s largest economy shrank 0.5 per cent in the third quarter, following a contraction of a revised 0.4 per cent in the second quarter. The contraction is known to be the worst than expected, analysts polled [...]
Consumerism has hit me hard recently, making me get on my knees and grovel for a popular materialistic item, the iPod Touch – 2nd Edition. Even with our current economic situation with world debt being increasingly high and money dropping in value by the hour, the iPod is still referred to as an liability due [...]
Is this how we are being brought up? Learn how to drive in your parents car, get your license, find the car of your dreams and get a car loan, then spend the next 10 years paying it off. I’m not one to judge, however I do find it intriguing how much we as a [...]
UPDATE: Interest Rates have officially been cut by 0.75 percent, leaving the current interest rate at: 5.25%
Where money is being splashed around, being lost and being gained, the Reserve Bank of Australia will be meeting with the focus on cutting interests rates by another 0.5 percent. This of course isn’t certain, only theory by economists [...]
Kevin Rudd announced yesterday he will be reviewing credit cards as he has seen interest rates between 8 percent to 28 percent, an astronomical range. Rudd told Fairfax Radio he will be looking at the current regulations to find out why such a wide range exists.
“I am concerned about the effective regulation of the credit [...]