Good debts versus bad debts
Interest rates are in the news and they will stay there for a while yet. So, now is a great time to think about how you are managing your debt. Is your Debt Good or Bad? It sounds pretty judgmental,…
When you have debt, every dollar you spend is a borrowed dollar. It’s a loop.
Many people have debt. Not as many people realise that, if you have debt of any kind, then every dollar you spend is another dollar you have borrowed. That’s how debt works. Huh? Let us explain with an example. Let’s say you…
How to Create a Debt Repayment Plan
Debt can be overwhelming and stressful, but creating a plan to pay it off can help ease that burden. In Australia, household debt is on the rise, with the average household owing over $260,000 in 2021, according to the Australian…
