If theres one thing 2020 gave the average Aussie, its a change in perspective when it comes to money. Not only did we take saving more seriously, but one in four Aussies vowed to rid themselves of debt.
Historically, Australians havent been afraid of debt, particularly through our love of credit cards. Weve racked up debt with the assumption that job security and a steady paycheck is a relatively safe bet, but a global pandemic has tipped that notion on its head as unemployment soars, said Mozo Director, Kirsty Lamont.
For many people, Covid-19 has been a wake up call to get their finances in order, and eliminating debt is a key part of that.
If youve never had to take a serious look at your debt before, it can seem a little daunting. So t…
Read the full article at: https://mozo.com.au/personal-loans/articles/how-to-ditch-debt-fast-in-2021