Live on a credit card and offset the mortgage …

If you get your salary paid into an offset account and live off a credit card you could save big dollars (if you pay off the credit card in full).

On the average $350,000 mortgage and average $77,000 salary you could save more than $10,000.

That could get you out of debt nearly a year early because you'd effectively have just under $5000 sitting on your mortgage always.

Source: Sydney Morning Herald