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Saving vs investing at 18, travel money cards and family members asking for money [Adviser Q&A]

Australian Finance Podcast

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Repaying HELP Loan vs. Investing in Term Deposit

This chapter compares the implications of repaying HELP loans and investing in term deposits, exploring factors such as repayment timing, indexation rates, interest rates, and future income projections. It also discusses the decision between clearing a HELP debt and saving for a home deposit, weighing factors like scholarships, savings challenges, and additional costs like stamp duty.

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