Business
In this episode, Ryan and Terry discuss a clever way to use equity in your home to build an ever growing stream of passive income. Financially savvy Aussies are using this little known strategy to pay off their home loan faster, save tens of thousands in tax, and accelerate their path to financial freedom. If you've been concerned that paying down debt is limiting your ability to grow your wealth, this episode is for you. Also in this episode:How debt recycling is like fitness trainingWho should and shouldn't pursue this strategy. The essential ingredients that must be true for this approach to work. The 6 steps for executing this strategy with precisionA fully worked example with actual numbers and assumptionsThe key considerations relevant that play a role in how effective this can be. Show notesClick here for the show notes, links to all resources mentioned and a full transcript. Four factors trainingClick here to unlock the insiders training. Private podcast communityClick here to get to know us better, debrief episodes and access our top 100 resources. Follow us on InstagramClick here to see behind the scenes of our business and learn more about personal finance in bite-sized chunks.