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103. Debt Recycling Strategy

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Manage episode 407359601 series 3559707
Content provided by Billy Amiridis. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Billy Amiridis or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Welcome back to another episode of the 360 Money Matters Podcast!

In this episode, we discussed debt recycling, a method of turning owner-occupied debt that is not deductible into deductible debt in order to pay off your mortgage quicker. By withdrawing equity from a property and using it for investments, debt can be transformed. The debt that is not deductible is subsequently paid off with the investment proceeds.

Discover how to turn non-deductible debt into deductible debt, accelerate your mortgage payments, and make informed decisions about your financial future. Don't miss out on this opportunity to take control of your finances and build a brighter tomorrow!

This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights

  • What is debt recycling

  • Owner occupied debt

  • Good debt and bad debt

  • Implementing debt recycling and how does it work

  • About managing debt and overall strategy

  • Criteria for considering debt recycling

  • How to utilize debt recycling and its benefits and risks

Connect with Billy and Andrew!

360 Financial Strategists

Check out our latest episode here:

Apple Podcast

Spotify

Google Podcast

  continue reading

143 episodes

Artwork
iconShare
 
Manage episode 407359601 series 3559707
Content provided by Billy Amiridis. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Billy Amiridis or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Welcome back to another episode of the 360 Money Matters Podcast!

In this episode, we discussed debt recycling, a method of turning owner-occupied debt that is not deductible into deductible debt in order to pay off your mortgage quicker. By withdrawing equity from a property and using it for investments, debt can be transformed. The debt that is not deductible is subsequently paid off with the investment proceeds.

Discover how to turn non-deductible debt into deductible debt, accelerate your mortgage payments, and make informed decisions about your financial future. Don't miss out on this opportunity to take control of your finances and build a brighter tomorrow!

This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

Episode Highlights

  • What is debt recycling

  • Owner occupied debt

  • Good debt and bad debt

  • Implementing debt recycling and how does it work

  • About managing debt and overall strategy

  • Criteria for considering debt recycling

  • How to utilize debt recycling and its benefits and risks

Connect with Billy and Andrew!

360 Financial Strategists

Check out our latest episode here:

Apple Podcast

Spotify

Google Podcast

  continue reading

143 episodes

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