There's Economic Poetry In Having A Good Savings Plan

"THE art of living easy as to money is to pitch your scale of living one degree below your means," said Sir Henry Taylor, the 19th-century English poet. This advice is well worth taking today. Alison and Damien, like many Generation X couples you have not understood the essence of saving. You have established an investment property in Geelong, which is good, but all of your wealth creation is via debt rather than savings. This has the potential to blow up on you.