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KNOW WHAT YOU OWE
A recent study by found that the average Australian has $20,238 in personal debt (not including mortgages). A lot of us are in the same boat. It’s important to sit down and make a list to get a clear picture. Government website recommends writing down how much each debt is, minimum monthly repayments (if any) and when the payment is due. Then add up all your debts to see how much you owe in total.