In this episode, we discuss 3 Steps to Take Control of Your Debt:

1. Review your current debt and understand what you owe, much your repayments are and when you need to pay your debt off by 
2. Understand what type of debt you have Good, Bad or Shit / toxic debt 
3. Decide what you will do with your debt, retain it, restructure, remove, reduce, refinance or consolidate it.

Ask as question | https://www.rossmarais.com/askross

Resources: 

• Money smart debt 
• https://moneysmart.gov.au/managing-debt
• Money smart, mortgage calculator https://moneysmart.gov.au/home-loans/mortgage-calculator
• Money smart personal loan calculator: 
• https://moneysmart.gov.au/loans/personal-loan-calculator
• Interest calculator 

Episode Sponsor | This episode is brought to you by More Time Financial, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

Book in for a free initial 30-minute consultation - https://moretimefinancial.com.au/get-started/ 

Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.