A free, confidential and independent advice service to assist with managing finances, in particular for those Swan Hill Electorate residents who are having difficulty in making ends meet, is now available.
Nationals Member for Swan Hill, Peter Walsh, said that MoneyHelp, is aimed at helping people get through an uncertain period and to help people look after themselves and manage their debts and bills.
“The service will assist people who may be struggling with debts as a result of reduced income or redundancy and those having difficulty with coping with credit cards, mortgage repayments or rent,” Mr Walsh said.
The service will provide assistance with prioritising and managing debts, how to approach creditors and ways to manage termination payments.
“MoneyHelp has a Budget Planner as a check list to make sure expenses are not overlooked. It shows people how to plan on a weekly, monthly and annual basis, given the income received, and considering all expenses likely to be encountered.
“The budget shows how long savings will last, and may even enable people to identify areas to reduce spending,” he said.
MoneyHelp is funded by the Consumer Credit Fund and the Victoria Property Fund on the approval of the Minister for Consumer Affairs.
Mr Walsh said MoneyHelp has a website and free phone counselling service that will help in the management of money and debt. The website is: www.moneyhelp.org.au or phone 1800 149 689.
MoneyHelp is not a money lending service. The financial counselling service lines are open Monday to Friday from 9.30am to 5pm with interpreter services also available.
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