#25 Debt recycling: how to use your home to build passive income (and smash your mortgage)

Ask us a question or suggest a topic 🤙Read Ultimate GuideIn this episode, Ryan and Terry discuss a clever way to use equity in your home to build an ever growing stream of passive income. Financially savvy Aussies are using this little known strategy to pay off their home loan faster, save tens of thousands in tax, and accelerate their path to financial freedom. If you've been concerned that paying down debt is limiting your ability to grow your wealth, this episode is for you. Also in this episode:How debt recycling is like fitness trainingWho should and shouldn't pursue this strategy. The essential ingredients that must be true for this approach to work. The 6 steps for executing this strategy with precisionA fully worked example with actual numbers and assumptionsThe key considerations relevant that play a role in how effective this can be. Show notesClick here for the show notes, links to all resources mentioned and a full transcript. Project zeroClick here to find out more about project zeroFour factors trainingClick here to unlock the insiders training. Private podcast communityClick here to get to know us better, debrief episodes and access our top 100 resources.  Follow us on InstagramClick here  to see behind the scenes of our business and learn more about personal finance in bite-sized chunks.  The NEW Money MentorshipLearn more about the Home Equity Accelerator here Turn insights into action with Terry's episode coach Join our podcast communityGet live updates, talk shop with us and meet like minded legends in our digital treehouse. Click here to get access now.🔗 https://www.facebook.com/groups/4609737389252111Find out your financial skill scoreDo you have the money skills to fund your goals? Take the 4 minute quiz here🔗 https://financialskill.scoreapp.com/