Many people in our community have experienced significant financial changes in the last six months. People have lost jobs, have reduced work hours - have gone on JobKeeper and JobSeeker.
Many people are having to juggle money in a way they have never had to before.
So we thought it might be helpful to briefly explore the world of financial counselling - an excellent service that is well worth accessing early if you are experiencing a significant change in income.
Financial counsellors can help you navigate a pathway. They can advise you about whether you should really access your superannuation. And they have established relationships and in-depth knowledge to negotiate on your behalf with banks and utility companies. They can help you access payment deferral periods, they can help you manage any debt that has gotten out of control and work out a payment plan, including negotiating final payments. They can help with landlord discussions. They can help you work out a plan that is tailored to your individual circumstances.
If you are experiencing financial hardship and are struggling to know where to start and what to do, here are three free services you might like to consider: