Did you know?
The average Australian household has a debt of approximately 150% of their annual disposable income.
Australian household debt increased almost six-fold between 1990 and 2008, but more surprisingly our household debt grew twice as fast as the total value of our assets in the same period.
That’s just the wrong way around!
Ask yourself these questions to save yourself a lot of financial pain later:
Is your debt growing faster than your assets?
Are you concerned about your debt situation?
Are you struggling to make your repayments each month?
Does it always seem like your bills amount to more than your wages?
If you answered yes to one or more of these questions, then perhaps it’s time to look at a solution for your debt situation, now, before it’s too late.
Hopefully this short guide can provide you some practical solutions: https://www.mortgageaustralia.com.au/email/files/ifyourdebtismorethanyourdisposableincomethentakeactionnow.pdf