Episode description
Today's episode is a debt recycling deep dive! Friend of the show and financial adviser Paul Benson joins us to help break down the concept of debt recycling and answer all your questions about it. The episode touches on:
👉 what IS debt recycling?
👉🏼 debt recycle with PPOR or investment, interest only or P&I?
👉🏽 how much equity should you have before debt recycling?
👉🏾 how do interest rates affect your debt recycling strategy?
👉🏿 would a gearing strategy or debt recycling suit your goals better?
👉🏻 how to calculate the benefit
👉 how would lending work
👉🏼 how often should we invest?
👉🏽 is it best to engage a planner or accountant in the process?
👉🏾 do you have to turn off DRP to debt recycle?
👉🏿 couples - does it matter who’s name the shares are under?
👉🏻 considerations for sole traders
👉 who would debt recycling suit
👉🏽 when wouldn’t you do a debt recycling strategy
The Psychology of Money: https://amzn.to/3FazrD9
🎧 Financial Autonomy - take a listen to Paul's podcast!
🛑 Please read our disclaimer + warnings before listening to this episode
💸 Quick links to $20 off The Glen James Spending Plan, Glen’s book & other resources
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