Category Archives: Financial Services

Quick Tips to Have a Cheap but Memorable Funeral for Your Loved One

Nobody ever likes the idea of talking about funerals, but sadly there comes a time when you have to deal with the death of a relative or a close friend. While grieving can be torturous, you still have to face the challenge of planning for the funeral including raising the money to cater for the costs. It is in such situations that you need the advice of a professional funeral director more than anything else. Funerals can be expensive, but when working with an expert such as the services provided by Perth Funerals directors, you can have a very memorable funeral on cheap.

Before anything else, it is important to note that planning a cheap funeral does not in any way mean you are avoiding extra costs to honor fully and appreciate your loved one.  There are many creative ways you can have a dignified send off with individual moments to express your love and appreciation.

With that in mind, here are quick ways you can save radically on funeral expenses whether you are planning your own or for a loved one:

1.    Compare Prices

The best way to find affordable funeral services is by shopping around and comparing costs from one funeral home to the other. Call different homes in you area and ask around for their general price list or funeral packages.

Regardless of whether you want a cremation or a traditional burial service, choose the home with affordable quotes and quality services.

2.    Opt for Direct Burial

Direct burials are among the least expensive options. With service, the funeral is conducted soon after death. Meaning, you get to save cost on body preservation or visitations.

3.    Consider Cremation

Cremations are fast gaining popularity worldwide and are among the most preferred funerals in Perth. With this option, you can save thousands of dollars in casket purchase and graveside service during the burial.

Another idea to save cost on when opting to cremate the body is by bringing the urn rather than buying from funeral homes or crematoriums. You can save a lot by shopping online at the different budget stores. However, if you intend in scattering the ashes, then the boxed package from your crematorium should work correctly.

4.       Purchase a Simple Casket

Alternatively, if you prefer the traditional way of laying the body on the ground, then you should consider accompanying your funeral planner who knows your budget and understands your needs.

Funeral directors know all the casket showrooms around, and they are aware of more affordable alternatives. Therefore, there is no doubt that you will help you in saving costs as well as choosing the right casket.

5.    Have the Funeral Service at Your Church

Most Perth funerals homes allow an in-house service for the burial but you will have to pay extra costs. Having the service at your local church will be a much cheaper option as most clergy members can officiate for free so all you can give is an honorarium of the amount you can afford.

In conclusion, the above tips on saving costs for funerals can work much more efficiently when working with a planner. Choose your funeral director wisely and always share all you needs and concerns. Consider working with HTTP://WWW.PERTHCREMATIONSWA.COM.AU/ for the best Perth funerals.

Learn About Debt Agreement

If you are unable to settle your debt and you want to protect a valuable asset such as a house, you can opt for a part 9 debt agreement, which you extend to your creditors for a proposal. The agreement, which is between and your creditors, provides details on how you intend to repay your outstanding debts. This process is possible when you engage a reliable company for debt mediation, which can assess your financial situation and offer appropriate solutions.

In the event that your creditors accept your proposal and you enter a debt agreement, it appears on your credit report for about five years, a period in which it is considered an act of bankruptcy. Before you enter the agreement, you are required to pay an upfront fee to the administrator and as long as the agreement is in force, you are supposed to pay a monthly administration fee. All the same, it is important to involve an expert in debt agreement to hold your hand when going about the process.

As a debtor, you need to understand that the agreement becomes formal only when the creditors accept your proposal. In most cases, a consensus is reached in writing or through voting in a special meeting, where the creditors resolve to accept or reject your proposal. With a reliable company by your side, you can find the best answer to the question, ‘how does a debt agreement work?’ and come up with fitting solutions.

When you hire certified companies to assist you in the process, it is possible that lenders will accept a reasonable offer. The experts will also alert you on the consequences of entering a debt agreement. Before you sign the agreement, it is important to weigh your options and determine if the solution will leave you worse off. Many companies promote their services and charge very expensively for services that you may not need. Such charges may work to your disadvantage. Therefore, it is important to seek services of an independent financial counselor to help you with making the right decision.

If you meet eligibility criteria for a debt agreement, it is important to check a few things regarding the agreement: First off, you need to know if the company is registered. A registered company means the administrators are allowed by law to operate in the locations and that they are reliable. Browse relevant websites for a full list of registered administrators in your community.

Another thing to check before you hire a debt agreement company is the fees they charge for their services. The fees usually comprise the upfront cost and the ongoing contribution, which is often included in your overall debt. In Australia, you can find a list of certified administrators from Australian Financial Security Authority.

In addition, you need to have a clear knowledge of the debts to be covered and the ones not covered. Debts such as joint debts, secured debts, or overseas debts are not always covered. In the end, the company you choose to lead you in the process of debt agreement plays an important role.

What You Can Do For Faster Debt Relief

Everybody wants to be free from debt; however, some just don’t have enough financial capacity to do so on their own. This is why a lot of companies are offering Debt Relief services in Australia. Professionals need to come in and mediate on behalf of the individual to ensure that all debts are repaid in a timely manner with as little consequence as possible.

Even if you decide to bring in professional help, it’s important to know that there are things you can do on your own to facilitate faster debt relief. Before you decide to seek help, there are ways by which you can lessen the burden for yourself and regain your peace of mind.

debt relief

Prioritize Your Debts

One of the most relevant and accurate advice on debt relief is to repay back what you can afford. Even if it’s not the full amount, it’s important to at least pay your debts to lessen interest and avoid penalties. However, most people can’t afford to pay all their debts because of financial hardships. If this is the case, then it’s important to prioritize your debts.

How does one prioritize debts? For one, list down all your outstanding debts and check which ones give the most impact on your credit rating. Also, look for debts that have more consequences. For instance, any loan that is taken out against your home or car should be repaid first because if you don’t repay it, your house or car may get repossessed. Any debts towards the government should also be given priority to avoid run-ins with the law.

Remember To Communicate

When your creditors start to shower you with letters, emails and phone calls reminding you of your debt, your first impulse might be to run away and hide. However, this is the last thing you want to do. Remember, these organizations and individuals want to have their money back, so it would make sense that they’re willing to negotiate so you can pay them back easier. It is actually possible to reason with them, especially if you’re just going through a rough financial patch. They’re not mind readers, so they won’t know you’re having trouble financially if you tell them.

Talking to your creditors will also lessen the impact on your credit rating because you’re not seen as a flight risk. As long as your presence is there, there’s always a chance for negotiations. You can negotiate payments terms or ask for an extension. If you’re going through problems, like you recently lost a job or you lost your savings because of an emergency, they might be willing to work it out since situations like these aren’t permanent.

Getting Professional Help

There are a lot of debt-related services out there in the market, the most common of which is debt relief for financial hardship. Most people go through rough patches in life, and with professional help, you’ll be able to make the transition smoother so you can bounce back faster.

Debt relief in Australia comes in various forms. Some professionals may act as mediators and negotiate on your behalf. This is especially good for people who don’t want to face their creditors on their own. You can even avail of debt counseling services. This is good for people who tend to find themselves in debt frequently. Counseling can help you reassess your life and spending habits to make you a more financially responsible individual.