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I was interested myself. A few wealth creation seminars I've been to have recommended that process for that reason, but they were years ago and I couldn't remember if they did figures or just advice....

No, I explained why it can sometimes be preferable, depending upon interest rates and required repayment amounts. Which I still expect is true in some cases, but looks like generally the higher...

Oh, and the bit about paying off the smallest loans first, its so that the principal part of the current repayment can be applied to the next loan faster (so its not just the interest amount that you...

Lol.

On an OT note, I assume you guys have redraw loans, offset accts, stuff like that. So whilst a $1k buffer and 6 months expenses is a lot to save, it really should just make up part of the...

Do something. You're immediately ahead of the majority of folks out there.