Doing can take 10x as long as learning not to mention it can often be a constant up hill battle. So today I’d like to address this and show you why one of the best things you can do to make yourself richer and happier is to solve for time.
While some say cash is king the truly wise know that money is worthless unless you have the time to make good use of it.
Too often finance pieces drone on and on about “cutting back” or starting a budget when it comes to expenses but that advice clearly doesn’t work. If it did, then everyone would be happily spending within their means and having tons of left over money to invest or kill their mortgage with. Instead lets save money and have fun!
Whether or not the RBA decides to lower the cash rate this month, it won’t change the fact that current mortgage interest rates are super low. For those that are old enough to remember a time before sub 3% home loan interest rates you might be asking yourself, how much longer is this all going to last??
While there are many reasons to pay off a mortgage fast, one of them seems to be something most don’t usually think about. For over 28% of 55+ Australians, paying off their mortgage is still part of their daily lives. This adds a huge burden to their retirement which could have been entirely avoided.
Frugality is about being frugal, thrifty or prudent in consuming resources such as time, money or even food. At it’s heart it’s about not necessarily spending zero money, but I think at least, getting great value for the time and money you put in. So how does being frugal to your home loan apply exactly?
Worried about your mortgage payment? A lot of people are. Mortgage stress is one of the biggest concerns for families all over the world. But if this is something you deal with it doesn’t have to be. Read on as we explain 3 simple and clear steps you can take to ease this almost never ending burden.