G'day all. Firstly, thank you to everyone who has posted on this forum. This place is a gold mine for newbies like I. I found this forum a few days ago and have been reading a fair few threads and absorbing the information. My situation is this, my wife and I haven't been financially responsible over the last 8 years or so, purchasing on interest free cards, cars, not saving much money. We have woken up in the last couple of years and we have been aggressively paying down debt. Next week the only debt we will have left is the mortgage due to us refinancing the car loan into the mortgage. We bought 8 years ago at $295k and the value of the property went up to $330k (valued by ANZ in 2015). It got valued again last week at $310k. So at this point there is no equity in the property, but we have freed up the car repayments, which will now go onto the mortgage. We plan to make double the minimum repayment and everything we have spare will be put into the mortgage. I have read about debt recycling and thought that would be a good way to proceed since we will be paying extra on the mortgage. But with 2 children, we will outgrow the place in another 5 years or so. Is debt recycling the best way to proceed if we will need to upgrade the PPOR in the not so distant future? I am 31 now, and I would like to have our first IP by the time I am 35. Am I doing the right thing by putting everything into the mortgage to free up equity for an IP? Or should I pay the minimum and out the cash in a savings account instead? No offset is attached to the mortgage. Any general advice would be much appreciated.