Take action – increase your financial literacy , use reliable sources of information to clue up on key financial drivers, such as superannuation, debt and cash flow management, insurance and investment principles
Set goals & take actions – this helps you stay motivated and engaged with our finances
Create a budget – this help you identify where there’s room for improvement
Consider consolidate high interest debts into one – this makes debt manageable, and can reduce fees and interest
Set emergency cash – this provide peace of mind, reduces the need to borrow at high interest rates if things go wrong
Seek financial advice – if you are struggling to make repayments, you can seek assistance from your provider by claiming financial hardship.
Talk to a financial counsellor or calling the National Debt Helpline on 1800 007 007 (free).