“Investing is important but get debt-free first. That’s what frees up your income so you can win”. Dave Ramsey.

Times are quite tough and if you aren’t adding up to your debt stock you may likely be looking to reduce it.

If you are adding up make sure it’s meeting a need and the benefits would be evident for some years to come.

If you are looking to reduce your debt, go for the expensive ones first. With the policy rate increasing you are likely to pay more on a monthly basis making an already tight budget tighter….

Whatever option you’re going for be sure you are taking an informed decision.

Let’s talk debt …. Tragedy or Strategy

#strategy #debtmanagement#debt strategies