u/Charming_Koala5642

Hi all,

37M

I’ll give the short version of this because it’s not worth going over in full: 11 months ago I quit gambling, quit reckless spending, and grew up. I had about $50k worth of debts (not including mortgage) and was pissing away most of my money.

Fast forward to now, I haven’t put a bet on for the whole time, I’ve managed to save $20,000 and have the following debts remaining:

HECS $7,448

ATO debt $5,341

Loan $16,900 (15.75% interest)

My question is: I want to try and invest the $20k instead of it just sitting there making the 4% in HISA. Is there anything that very low risk but slightly higher in return?

On my current financial plan, the next 6 months will mostly be spent paying off the loan.

Thanks :)