Did you know that the credit reporting system in Australia allows creditors to collect and report information about your credit repayment history? It means that late payments may be appearing on your credit file.
The good news is that with just a little organisation and the right knowledge you can say goodbye to late fees and financial stress, and never worry about missing a bill again.
The first rule of good money management is budgeting. Budgeting will allow you to prioritise your bills and other expenses, and create a long-range plan that simplifies bill paying.
But we appreciate that it’s hard to formulate a budget when you’re already busy.
MyBudget can help you look at your financial situation in detail and create a personal budgeting plan that makes it easier to stay on top of things.
We can help you prioritise your bills based on their importance, and create a long-range plan that shows the affordability of your bills and other commitments as they fall due.
With the right money management plan in place, you may be able to:
- Pay your bills on time
- Take control of your spending
- Reduce your reliance on a credit card or short term credit
- Start saving for the things you really want
- Relax and know that your bills are taken care of