Debt Reduction Strategies
Debt reduction strategies effectively help you eradicate non tax-deductible debt (bad debt) faster.
This can involve creating tax-deductible debt (good debt) by acquiring investment assets that have minimal impact on your overall personal cash flow. It converts bad debt into good debt.
This strategy requires sufficient equity in the family home and involves using the cash flow from the investment asset to pay down your non-tax deductible debt (e.g. home loan, personal loans). The correct investment structure is essential.
Humphrey Partners is conveniently located on the outskirts of Brisbane's CBD.
"Chris and his team at Humphrey Partners have been excellent to deal with for financial planning, estate planning and insurance. I know Chris will look after me and recommend the best direction for our business and for me personally. "
Stu Richardson - Telstra Store Toowong Licensee