Sins of spending past have a sneaky way of coming back to haunt you.
And with over Australians facing an $32bn post-Christmas credit card bill there may be a lot of debt ghosts reappearing after the holiday spending splurge.
The whopping $32.3bn billion credit card bill (and growing) – on top of AUD 5.5bn interest owed- works out at around $4,300 per card holder, according to Australian Securities and Investment Commission (ASIC) live credit card debt clock.
Also read: Morrison not rushing into ‘good debt’
30 – 49 year olds are the most likely to live off credit cards if they run out of money, according to consumer advocate Choice.
Heres how to avoid debt ghosts in 2017.
1. Set a budget
Look at your salary an…
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