Understanding HELP Debt Repayments and Indexation

Let's chat about the need-to-know facts around HELP debt as it stands right now. Glen covers:

👉 how the indexation rate gets calculated, including the recent changes

👉🏼 compulsory repayments vs voluntary repayments

👉🏽 repayment income thresholds

👉🏾 what defines 'repayment income'?

👉🏿 do you pay more HELP debt when you salary sacrifice?

👉🏻 key dates to know

👉 is it worth paying my HELP debt off?

👉🏽 circumstances for deferring or not paying repayments

👉🏾 is there any way to freeze indexation due to not working?

Download the HELP debt PDF we've put together here: https://www.thisis.money/helpdebt

Thanks to Skye Wealth for supporting our Thursday show! Connect with the team here

We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.

To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.

Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.

SYMO interactive Pty Ltd trading as this is money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.

Hosted on Acast. See acast.com/privacy for more information.