20/05/2026
Midweek Money Tip:
Paying off your debt faster!
Are you tired of the ongoing strain of your debt?
How great would it feel to be able to get out of debt faster than the timeframe forecasted?
It is possible to be in a better financial position, with less debt, in a year's time.
But you need to start making changes NOW.
Clearing your debts may seem like an impossible task, but whatever you do, don’t stop chipping away at them. Remember, the longer your debts stay with you, the more you’ll have to spend on interest.
How much attention do you pay to your debts?
By just making a slight increase to your regular repayment amount you can help pay your debt off faster and reduce the amount of interest you pay long term. A simple way to do this is to round up your repayment amount to the closest dollar ($34.25 becomes $35) or the closest $10 ($26.50 becomes $30) - whichever you can afford.
Not sure where to start? Our financial mentors can help you navigate ways to manage your debt as well as mediate with creditors.
We may also be able to look into options of switching your debt to a Microfinance loan which has low to no interest. (Eligibility criteria applies)
Or you could consider different strategies available that can make debt repayment more manageable, like debt consolidation.
Get in touch with us and make your appointment today!
Call: 07 8885692 or email: [email protected]
