In this episode, Nathan sits down with Sumit from Zinger Finance to break down the big question; should you pay off debt or invest? They explore how to strategically manage different types of debt, the importance of understanding your financial position, and why blindly paying off mortgages could cost you hundreds of thousands in lost investment opportunities. Off the back of this week's rate rise, this is an ep you won't want to miss.

00:00 - The debt payoff dilemma! 00:27 - What type of debt are we talking about? 01:11 - Focus on acquiring assets that grow in value 02:59 - The million dollar mortgage trap - a cautionary tale 05:50 - Credit cards and hidden debt impacts 06:56 - Personal loans, car loans and buffer rates 07:56 - HECS debt and income thresholds 09:13 - The credit card points trap 10:25 - Debt consolidation strategy and discipline 13:10 - The Zinger Finance approach and getting a financial health check 15:29 - Final words

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