Reduce Debt


Having a clear achievable plan to reduce your debt is an important factor in increasing your overall wealth position. It is unusual if you don’t have some form of debt these days. Therefore, you want to ensure that it is managed correctly.

The process of reducing your debt also addresses how your debt is structured. At PJT, we look at what loans you have, the level of exposure your assets are subject to against the borrowing and the borrowing costs (including interest).

Debt is what brought the world to its knees during the Global Financial Crisis, so it is important your borrowings are reviewed regularly to ensure they are working for you and not against you.  It’s also important you are operating within your financiers loan terms as this could put your assets at risk.

If you want personalised advice to help reduce your debt, PJT can assist you make informed decisions which will increase your wealth in the long term. PJT can assist you with specialist advice through PJT Financial Services – for more information please click here.

GENERAL ADVICE WARNING: This information has been prepared without taking into account your objectives, financial situation or needs. Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation or needs.

Merit Wealth LogoPJT Accountants & Business Advisors Pty Ltd CAR Number 1243046 ABN 13615402189 is a Corporate Authorised Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361

Wayne Patten ARN 277883 is an Authorised Representative and Jodie Thompson ARN 277884, is a Limited Authorised Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361

Website: www.meritwealth.com.au | Privacy Statement. | Link: PJT FSG

Advisory Services

Beyond being experts in accountancy compliance, PJT has a very strong focus on providing sound business advice, ensuring your profits are maximised, tax is minimised, assets protected, and wealth creation and superannuation strategies are designed to match your lifestyle goals. We look forward to being of service to you and your business.

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