Debt becomes more difficult as it multiplies. A credit card or two. A personal loan. A car lease. HECS-HELP debt. An ATO tax debt. With each new obligation,debtcan become this all-consuming massive thing with many moving parts. Because there’s always something due, there’s no room t...
This is the money you’re putting toward your retirement,emergency fundand other savings and using to pay down high-interest credit cards and other“toxic” debtlike payday loans. It also includes anything over the minimum payment on your “good debts” such as your home loan. In the 50/30...
We both try to maximise our income, but I wish I could say our mental health was as nice looking as our savings." —u/FourSharpTwigs 2. Couple, combined income of $180K, $35K in savings. "Two kids under three. Mortgage of $370K and HECS debt of around $50K. Have $35K in ...