Debtfree Magazine November 2017

Summer is finally here. You
can probably taste the end of
year break already. Schools are
wrapping up exams and kids are
looking forward to the summer
holidays. People at work are
starting to discuss their plans
making a you jealous (‘don’t be
a travel hater’). Magazines are
advertising ‘5 ways to get bikini
fit in only 10 days’ and ‘the
fastest ways to lose that winter
gut’. There is a growing feeling
that the holidays are just around
the corner. It’s hard not to be
swept up in the excitement.
It’s not all fun and games though.
The end of the year can be one
of the most financially stressful for
families. Particularly families under
debt review who have to stick to a
budget. December is often a month
of financial recklessness and poor
decision making and can quickly
derail a well planned debt review.
Make sure that this doesn’t happen
to you. And if you are hovering on
the borderline thinking about debt
review - don’t delude yourself into
thinking that your bonus cheque is
miraculously going to turn things
around and save the day. It’s time
to get realistic and think long term.
It could be the best gift you ever give
yourself.
One of the main goals of debt review
is not just to get a person back to the
bare minimum of monthly financial
survival so this month we ask if
debt review is making you a more
savvy consumer. Will you leave
the process with good financial
understanding and habits? This is
the debt ‘counselling’ aspect of the
process that is often overlooked.
Debt Counsellors can help you to
help yourself grow as a consumer
to educate yourself.
We also have interviews, industry
related news and reviews, as well
as a look at an important court case