We Tried Debt Recycling for 5 Years... Here's What Happened

Curious whether debt recycling actually works? In this video, I walk through our family's debt recycling strategy using our real numbers from the past five years. I'll explain how we set it up, how it has performed, and what we've learned along the way. When we started our debt recycling strategy mortgage rates were very low. We spoke to our broker who suggested drawing out some equity so that we had more to invest. The plan was to then debt recycle. We debt recycled $50k but then interest rates went up so we didn't to then focus on paying off our mortgage. We'll cover: What debt recycling is How debt recycling works in Australia The loan structure we used (borrowing to invest) Our investment portfolio performance over five years My overall thinking about the strategy Welcome to Family Finance where I chat all things personal finance and in particular family finances, how to save money, investing, budgeting and how to stay on track with your financial goals. Our goal is to build our passive income to reach financial independence, also know as FI. 4 Months Free with SHARESIGHT: https://www.sharesight.com/familyfinance My Microphone: https://link.amazon/B02Rpozza Budget Coaching and Affiliate Links: https://linktr.ee/familyfinance Please note: some of these links are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you. Find me on Facebook:   / family-finance-103181858073913   Find me on Instagram:   / familyfinance_   Disclaimer: The information on this YouTube channel and the links provided are for entertainment and general information only and should not be taken as constituting professional advice. I am not a financial advisor. The information on this channel is personal to my situation and does not take into account your personal circumstances. You should do your own research and if necessary consider seeking independent financial advice that is related to your unique circumstances. #debtrecycling #investing #mortgage #borrowingtoinvest #payoffmortgage