SYDNEY, AUSTRALIA, February 14, 2013 /24-7PressRelease/ -- Fox Symes acknowledges these occurrences and have been providing debt solution services to Australians for many years, establishing a reputable presence within the industry. By providing alternative solutions to the worst case scenario, this allows Australian families to remain financially stable through tough economic periods.
Fox Symes offers a range of debt consolidation solutions to families including budgeting assistance with online tools, informal credit arrangements, advice of third party debt consolidation loans and mortgage refinance, personal insolvency agreements and bankruptcy assistance.
Budgeting is a simple money plan. It is important for Australians to identify how much money they earn and how much discretionary income they have to spend. A common reason for increasing debt is Australians spend more money than they earn. This is a difficult problem to avoid as residents maintain mortgages and personal loans for necessary items. The key to being financially stable is to budget methodically and be prepared for life's unexpected events, such as natural disasters, redundancies and personal health.
Fox Symes recommends Australians to utilise their online assistance tools. These include a personal budget planner which is downloadable and a budget planning calculator. The integration of these tools will allow Australians to calculate their weekly or monthly budgets from scratch. Fox Symes mention that the end result from their budgeting assistance service equates to thousands of dollars in savings per year. These savings should then be allocated to their outstanding debts, ultimately paying them off much faster.
For Australians in later stages of hardship, there are a range of alternative solutions to consider. Initially a debt consolidation loan is the most practical. Depending on the amount of debts residents have with different lending institutions, consolidating may be the best solution. Debt consolidation loans integrate all credit cards and unsecured personal loans into one final account. Eventually the overall amount will be easier to manage, reduce the monthly repayments and total interest paid over the term of the loan.
Fox Symes stresses to Australians that declaring bankruptcy should be avoided and considered the final scenario to overcoming hardship. Bankruptcy entails harsh consequences. Personal possessions of considerable value can also be repossessed and future finances will be affected, negatively affecting Australians future decisions.
Australians struggling financially should visit the Fox Symes website to explore these possibilities. The user-friendly website allows customers to determine these solutions and the simple homepage and navigation bar prompts people in the right direction to finding these solutions.
Helping over 100,000 Australians per year, Fox Symes encourages anyone struggling with credit card debt, personal loan and mortgage repayments, or any other financial difficulties to enquire online or by phone for a FREE consultation.
Website: www.moneybuddy.com.au
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