Why Should I Budget? Controlling your financial affairs requires a budget. For
many people, the word "budget" has a negative connotation. Instead of thinking of
a budget as financial handcuffs, think of it as a means to achieve financial success.
Whether you make thousands of dollars a year or hundreds of thousands of dollars
a year, a budget is the first and most important step you can take towards putting
your money to work for you instead of being controlled by it and forever falling
short of your financial goals.
How can you help with my debts? If you’re having trouble with credit cards, store
cards or even your mortgage, the first thing you should do is call your lender. Budgets
‘R’ Us can do this for you as we do not have the emotional connection you have, we
are often better able to negotiate on your behalf. An interest rate on credit cards
may be lowered or even stopped for a period of time to help you catch up. Being
proactive is always the best approach
What is a Debt Agreement (also known as Part IX)? A Debt Agreement will consolidate
all of your unsecured debts into just one amount. All that is required is one regular
weekly payment that you can afford, in terms of your budget. A Debt Agreement will
allow you to:
Ø Consolidate all your debts
Ø Freeze all accruing interest
Ø Restore your peace of mind
Ø Stop creditors and debt collectors harassing you
Does a Debt Agreement affect my credit rating? Yes – entering into a Debt Agreement
will be noted by credit reporting agencies. This mean you will have difficulty getting
How much does it cost? We offer a couple of different packages depending on your
requirements. Just give Budgets ‘R’ Us a call and we will happily discuss with you
over the phone. There is no commitment until you decide to invite us to your home.
How quickly can you prepare a budget? We can usually prepare a budget within a week,
but if we need to negotiate some debts it may take a little longer.