
66. You've gotta know your numbers!
The Happy Saver Podcast - Personal Finance in New Zealand
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How to Get Out of Debt
Senior and her family live on $24,000 a year or about $460 a week. This includes all of their insurances, land rates, groceries, petrol, electricity, internet and including setting some money aside for medical costs. While getting out of debt what is the biggest thing she said no to I asked? She always pays all bills on time and this was the case when they had all that debt as well they never missed a payment. Any extra money from the budget will go directly to the floating component of their mortgage since she has already maxed out the amount that she can pay on the fixed part of their mortgage. And lastly every fortnight she updates her book where she tracks
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