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Your friend's personal situation is too broad for a specific quote, as mentioned. Initial advice ranges from $5k to $15k. Ongoing advice (if needed) is even harder to estimate. I would expect north of $5k ongoing.

If you generate multiple seven figures in revenue, you likely don't qualify for the small business CGT concession's $2m revenue test unless your net assets are under $6m. If you qualify for either test, you may be eligible for a 50% CGT exemption. Even if you pay 100% CGT and your business is...

Start grassroots. You will face cashflow problems, clients delaying payments, RTWSA obligations, and tax demands. Start from the bottom and learn the business. There is no point going into debt for a business built on manual labour and goodwill until you have established yourself.

You have to pay to play. If you pay tax, it means you make money. Reduced investors due to CGT will cause people to hold investments longer. That reduces stock availability and increases home values. If negative gearing is removed, owners will raise rents to make properties positively geared...

Everyone will be anonymous. 35 years old. $95k in hospital finance (easy job). I would aim higher and go for a better paying job. But I am already extremely well off with no debt and a paid off house. I like the idea of this post if people are honest about their earnings. It is a great way to...

Financially, it will benefit you. But do you want constant in law input into your relationship, your child's upbringing, and all that comes with it?

Get clear on your actual numbers before spending on coaching or programs. Know your income, expenses, and what's left. Everything else builds from that. Happy to chat if useful.

Stop paying extra down on your mortgage. Put that money into an investment property. An investment property will grow in value far quicker than you can pay down your loan by adding extra money each week. Sell the investment property in a few years. Use the proceeds to pay down your mortgage...

I'm on 6% rate with LVR of about 50%

Ask for a rate review. They won't do servicing unless you change the loan type. Get a good broker who can handle this. Many have 50+ options. Let me know if you get stuck.

What’s the interest rate on a new Camry

I suggest you rent out your place and rent somewhere together. Keep your property at arm’s length from her. This is how many men lose their assets.

Rates are not the best. Unless you also got the extra 0.25%, they are okay but still high. This may be because you were in mortgage‑insurance territory when you obtained them. Rates are usually higher there. Consider separating the two properties and using two different banks if keeping...

I negotiated the bill and paid at closing. You cannot dispute anything now. They sent the check proof of payment.

I've dealt with similar companies. They often advise stopping all debt payments to push accounts into collections. They fail to mention that credit card companies may sue. Your credit report will be damaged for seven years until those entries are removed.

You're right. Many have tried this but failed because they didn't change the behavior that caused their debt. They simply fell back into it. Start with a clear test: build a strict budget, cut expenses, order debts from smallest to largest, and use the snowball method. If you can't commit to...

I understand your situation. My husband and I faced similar challenges for years. We resolved it by refinancing our home to access cash and pay off our debt. I’m not sure if this applies to you, but it worked for us.

Join the Preliminary F.I.R.E. group. It offers clear guidance and resources. This helps you stay informed and reach your financial goals.

Lower all your bills first. Cut unnecessary spending like cable and subscriptions. Get the cheapest cell phone plan available. If you’re still paying off your phone, pay it off this will greatly reduce your bill. Shop around for car insurance; you can likely find a lower rate. Review your...

Find a casual cleaning job that's flexible

Thank you for accepting me to the group I agree.

I've had a stable portfolio ever since I began following the market analysis.

Before paying, ask if they'll do a pay for delete. Otherwise, they'll report the debt as settled for less. It will stay on your report for the full seven years, with no credit benefit. If they agree to a pay for delete, get it in writing first. Use mail or email.

Yes, it can be removed. It may not be easy. Start building positive credit now. This helps your credit profile. When the item is removed, you'll already have positive history. I offer a free consultation.

Always request pay to delete in writing before making any payment. If refused, ask again after several months. Never simply pay a collection without this agreement.

Take the contract and switch to casual hours at your full time job. Crunch the numbers: insurance, tax, GST, vehicle, and gear. Cover your costs and add a margin. Charge per kilometre. Bill for every consumable and every working moment. Work through breaks, start early, and stay late. Do...

Costs vary. Our kids are neurodivergent (ASD, ADHD, PDA), which adds expenses. Homeschooling reduces some costs. The true cost isn't just financial. It also includes significant mental and emotional energy.

Your score will recover within 30 days. Your debt to income ratio will also improve.

Take this as a lesson and start over. You're never too old to begin again to buy property or pursue any goal.

Visit Business.gov.au. It has the details you need. Never pay anyone to register an ABN. It is free.

Gwm is good value for repairs!

I buy 10oz silver bars. They're easy to view and simple to sell if necessary.

New cars depreciate more than their tax benefits. But if you can afford one, go for it. A reliable vehicle makes commuting to work sites much easier.

Even if I could buy outright, I probably wouldn't. The real strength in property investment comes from using the bank's money over time. Then again, maybe I just don't know enough.

I

This isn't about your daughter. It's about how you and your partner handle money together or don't.

The biggest issue is people aren't taught financial literacy.

Rip the bandaid off quickly. Even if you lose everything financially, your mental health will improve. Lean on your family and support network. Hire a solicitor and only communicate through them once the process begins.

Sell your shares and pay the loans

You don't pay off debt by rearranging it. You pay it off by controlling your budget and spending. It takes hard work.

Targeting the original creditor o r collection agency is often the simpler approach. If the credit bureaus aren’t responding, consider addressing the issue from the other side. Try to get the original creditor or collection agency to shift the blame back to the credit bureau. Use the FDCPA or...

Your personal loan was closed. The main factor affecting your credit score is the ratio of available credit to used credit. Aim for 30% utilization or lower for the best results. Since loans are not revolving credit, paying off the $7k loan significantly reduced your total available credit. It...

I would bring in more income such as a 2nd job

Do your best. I've improved in giving tithes. I use the Givefy app for my tithes. Tithing is not just about money it's also about giving your time.

Use the money you paid on credit card put it on car loan

I've used my entire paycheck to cover two bills. I'll need to withdraw $75 from my savings to avoid dipping into other funds.

Plan for future lifestyle changes by building an emergency fund slightly larger than your current expenses. This ensures you’re prepared if expenses unexpectedly increase.

Focus on individual debts to eliminate them one by one. Taking out a personal loan feels like it's dragging on, but tackling debts separately would have been faster. The key is to stop using those 9 debt sources immediately.

Saving for a house deposit.

I’d pay off Card 1 first. Add the $100 you freed up from Card 1 to your Card 2 payments. Pay around $260 monthly to eliminate it faster. You’ll still have savings and only one card to focus on.