Effective debt management is not just about the interest you pay, but also the type of assets you’re investing in and how you prioritize.

For many people, paying off all your debts before you start saving or investing available cash elsewhere will seem like the most sensible thing to do, but that’s not always the case.

Important questions to ask yourself on debt management:

  • Should you snowball or avalanche your debts?
  • Does it ever make sense to declare bankruptcy?
  • How do you prioritise which debt to pay down first?
  • Should you be paying more or saving and investing?

Money Moments

Some of life’s biggest moments start with a simple question.
Here are some examples of how we’ve helped clients to answer them.