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The New Daily
The New Daily
Sezen Bakan

Five tips to help pull yourself out of a debt spiral

If you're drowning in debt, don't be afraid to ask for a helping hand. Photo: Getty

With the cost of living rising, more Australians are falling into increasing debt – calls to the National Debt Helpline have increased 30 per cent this year.

Finder data also shows almost one in two Australians have taken an average of $2365 out of their savings in the past 12 months to pay off debt and for essential expenses.

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