Re: Covid 19 -
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I hope we come out better on other side but this time we're about to feel the pain unlike the GFC where we relatively cruised through. There is no cushion and I think most people know it was not roses before this.
I actually was made redundant back then but that was when I lived at home to and it didn't really matter much to me.
Now 10+ years on I have a mortgage but I have been putting heaps into extra payments so I have a very healthy redraw and whatever is left of my super by then if I need to tap it.
Unfortunately others live week to week and that's where the real damage will be done. They were already doing it rough.
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