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How to get out of debt in 2025 (strategies & resources) [Part 5 of 11]

Australian Finance Podcast

CHAPTER

Understanding Debt Dynamics in Australia

This chapter explores the multifaceted nature of debt in Australia, including mortgages, credit card debt, and loans among friends and family. It distinguishes between good, bad, and ugly debt, emphasizing the importance of managing debt effectively to avoid financial pitfalls. The conversation serves as a resource for listeners navigating their own debt challenges while highlighting the broader implications for financial stability.

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