Episode 6 ⋅ 30th March 2021
It's commonly known that Kiwis are terrified of taking on too much debt and keen to repay any mortgage they have ASAP! But how do we know whether our debt levels are okay? And is being debt-free the key to financial success?
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:
Great resources mentioned on the podcast are:
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