Overview: 

Welcome to the debt life, we love it here. Just kidding – sometimes we do and sometimes we don't, it really depends on what debt we're talking about and when you asked us.

Most of us would know, not all debt is created equal – there are good debts and bad debts. But how do we know whether the amount of debt we have is okay, or way too high? Cat and Christine share some stories (as always) and discuss all the things they love about the debt life. 

What's in the episode?

In this episode, Cat and Christine dive into the pros and cons of repaying certain types of debt; from student loans to mortgages. They discuss whether the fascination with being debt-free really is the key to financial freedom.

Specifically, we cover:

• What exactly are good debts and bad debts
• Being realistic with your debt levels when buying your first home
• Whether being debt-free really is the key to financial success
• The waterfall debt payment method, offset accounts and doing more with your money 
• The trouble with instagram and comparing debt-free journeys 
• Other alternatives to repaying extra off your debt!

1. A Guide to the Best Credit Card Balance Transfers
2. Should I repay debt or invest?
3. Cat's Episode on The Happy Saver Podcast