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[Special guest] 20th of April - Noel and Finances

Ever had a question about money, debt or bills? Finding you have no money left after just getting paid? Is it difficult to make and stick to a budget?

 

NoMoneyKSchmidt.gif 

 

 

On Thursday the 20th of April at 8pm AEST we will have Noel, a financial counselor with The Salvation Army's Moneycare service, to answer all of your anonymous questions about money, budgeting or even just dealing with debt.

Whether your wondering how to avoid bill shock, negotiating debt repayments or even just making and sticking to a budget - Noel has the answers. So ask him a question here:

 

 

 

 

 

 

Or join us on Thursday the 20th of April 8pm AEST to talk about all things financial.

 

SmileMonkey
SmileMonkeyPosted 07-04-2017 11:07 AM

Comments

 
 
 
 
 
FootyFan26
FootyFan26Posted 20-04-2017 08:31 PM

What are some of the challenges you face in terms of money?

 

Making it since I've been pretty sick for the past couple of months so I haven't been able to get a job and saving it since I don't have an income and usually lend money to my Mum.

 
 
 
 
 
SmileMonkey
SmileMonkeyPosted 20-04-2017 08:36 PM

That would be hard @FootyFan26, especially trying to budget on a small income whilst trying to help family.

 

Great point @roseisnotaplant, it can be hard at looking for a new or first job, and that feeling of getting that first paycheck can make you just want to spend it all very quickly.

 
 
 
 
 
Ben-RO
Ben-ROPosted 20-04-2017 08:18 PM

That's actually pretty awesome i reckon @redhead ! A lot of people are in a lot of debt these days, i found this site which shows the total ammount of credit card debt people are in, just in Australia and it's 32 BILLION bucks! 

 

 

 
 
 
 
 
FootyFan26
FootyFan26Posted 20-04-2017 08:20 PM
I think I heard that on the news the other day @Ben-RO. Apparently the average Aussie is in $4,200 of credit card debt if I remember correctly!
 
 
 
 
 
Ben-RO
Ben-ROPosted 20-04-2017 08:22 PM

Yep i think you're pretty much dead on @FootyFan26! That's a lot when you think about it, because you have to pay 700 a year in interest on a debt of that much. 700 bucks a year you could be saving, or using to buy something rather than just paying to a bank for being in debt 😞

 

 
 
 
 
 
Ben-RO
Ben-ROPosted 20-04-2017 08:23 PM

That's a good point @Noel-Moneycare, having enough money to fix your car if its broken down, paying a bill or covering rent for a little while if you lose your job can make a big difference to your stress levels! 

 
 
 
 
 
SmileMonkey
SmileMonkeyPosted 20-04-2017 08:16 PM

That's great @redhead that you try and budget your money. It can be difficult trying to keep within our budgets sometimes.

 
 
 
Ben-RO
Ben-ROPosted 20-04-2017 08:06 PM

1. How important is money to you? Do you save it, spend it all or have some debt?

 
 Money is pretty important to me, it's taken a while to realize that. I'm in a little debt, but working hard to not be in debt anymore 🙂 
 
 
 
 
SmileMonkey
SmileMonkeyPosted 20-04-2017 08:08 PM

1. How important is money to you? Do you save it, spend it all or have some debt?

 

Money is really important to me, I try to save it but always seem to go over my allocated spending limit. I have debt but am repaying at small intervals. I try to do my best at budgeting but sometimes fail, but thats okay 🙂

 
 
Ben-RO
Ben-ROPosted 20-04-2017 08:04 PM

Hey everyone! Nice to see y'all! And a very special welcome to @Noel-Moneycare, thanks for joining us tonight! 

Welcome back!

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