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  • How would you smash my debt?

    Let’s look at the maths. If you’ve got debt at 17.9%, 25%, or even higher—those are priority one. They’re eating your financial progress. The Donegans [...]

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  • Should I create a sinking fund for paying off my debt later, or keep investing while I wait for interest rates to drop?

    This hinges on the kind of debt you’re holding and whether the rate is fixed or floating. If your debt has a fixed interest rate—great. [...]

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  • Should I stop contributing to my investment portfolio until I’m out of debt?

    Great question—and a classic case of it depends on the maths. The Donegans would ask: > What kind of debt is it? > What are [...]

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  • Do I still owe a debt after several years if I haven’t heard from the lender?

    It depends on your country’s laws. Many places have a “statute of limitations” that means old, unacknowledged debts can become unenforceable after a certain time [...]

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  • Should I use my investments to pay down debt like a mortgage?

    You can, but weigh it carefully. Look at the interest rate on the debt versus the potential return from your investments. Also consider tax, fees, [...]

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  • Is it okay to pause investing while I focus on paying off my mortgage or other debt?

    Yes—it's your decision. But whether it’s the most effective option depends on the numbers.

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