Making Sense of Separation – Stage3

Debts and Expenses

Yep, it’s the scary part now. It’s so important to make sure you’re across this, so let’s break down how to approach your debts and expenses:

14. Bad Debt vs Good Debt

In this lesson you’ll learn about:
What constitutes bad debt vs good debt
The impact of credit cards, ZipPay/AfterPay, short term lenders, personal loans, vehicle loans and leases
Home loans
Kirsty’s golden rule when it comes to debt

15. Solo Debt vs Common Debt

In this lesson you’ll learn about:
Solo Debt
Common Debt

16. Credit Reports

In this lesson you’ll learn about:
What credit reports are
Where to order your free credit report
How to read your credit report
Why it’s so important to order and be across the information in your credit report early

17. Budget and Living Expenses

In this lesson you’ll learn about:
How to use our living expenses calculator in two different ways
Getting ready for a bank application
Tracking your overall projected spend vs. your actual spend

18. Money, Money, Money

In this lesson you’ll learn about:
How the banks decide if they’re going to give you a learn
Money in vs. money out
What equity is
What your credit rating/risk is


And when we’ve covered all of these steps, we’re going to move on to Deciding Outcomes.

Stage 1:
Yes, It’s Shit – The Start From The End
Stage 2:  Looking At Where You’re At
Stage 3: Debt & Expenses
Stage 4: Deciding Outcomes
Stage 5: Legalities
Stage 6: Where To From Here?


The information contained within these recordings is intended for use as a guide to navigating a separation only. These recordings are not intended as financial advice. They have been prepared without taking into account your specific objectives, financial situation or needs. Before acting in accordance with this guide, you should consider the appropriateness of the information contained within the recordings, having regard to your own objectives, financial situation and needs. The inclusion of any products in these recordings, are by way of example only and do not constitute a recommendation.
Up Loans provides no guarantees, undertakings or warranties, expressed or implied as regards the matters within the recordings, and is not liable for any loss or damage whatsoever (including human or computer error, negligent or otherwise, or incidental or consequential loss or damage) arising out of, or in connection with, any use or reliance on the information provided within this series of recordings. The user must accept sole responsibility for all outcomes associated with the use of recordings.


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