Declare Independance

Declare independence from expensive house monthly loan repayments or rent in 2023! ๐ŸŽ‰

We all know how having too much debt, loans and mortgages can be a burden if it is not managed well. While choosing to rent your house or have a mortgage to service your house loans over a longer period seems viable for some, considering ๐™ฅ๐™–๐™ฎ๐™ž๐™ฃ๐™œ ๐™ฎ๐™ค๐™ช๐™ง ๐™๐™ค๐™ช๐™จ๐™š ๐™ž๐™ฃ ๐™๐™๐™‡๐™‡ ๐™๐™–๐™จ ๐™ข๐™–๐™ฃ๐™ฎ ๐™–๐™™๐™ซ๐™–๐™ฃ๐™ฉ๐™–๐™œ๐™š๐™จ. ๐Ÿ‘๐Ÿก

Here are my reasons why you should consider paying for your next house in FULL (if you can):

1๏ธโƒฃ ๐™„๐™ฉ ๐™›๐™ง๐™š๐™š๐™จ ๐™ฎ๐™ค๐™ช๐™ง ๐™ข๐™ž๐™ฃ๐™™ ๐™ค๐™› ๐™ฅ๐™ค๐™จ๐™จ๐™ž๐™—๐™ก๐™š ๐™›๐™ž๐™ฃ๐™–๐™ฃ๐™˜๐™ž๐™–๐™ก ๐™ฅ๐™ง๐™ค๐™—๐™ก๐™š๐™ข๐™จ ๐™ž๐™ฃ ๐™ฉ๐™๐™š ๐™›๐™ช๐™ฉ๐™ช๐™ง๐™š. You could free up some cash for traveling, children’s education, emergency health issues, retirement, or other long-term plans.

2๏ธโƒฃ ๐™‚๐™ž๐™ซ๐™š๐™จ ๐™ฎ๐™ค๐™ช ๐™จ๐™ฉ๐™–๐™—๐™ž๐™ก๐™ž๐™ฉ๐™ฎ ๐™ฌ๐™๐™š๐™ฃ ๐™ฉ๐™๐™š ๐™ฉ๐™ž๐™™๐™š ๐™ฉ๐™ช๐™ง๐™ฃ๐™จ ๐™–๐™œ๐™–๐™ž๐™ฃ๐™จ๐™ฉ ๐™ฎ๐™ค๐™ช, eg: loss of job, salary cut, loss of the main breadwinner, supporting sick spouse, child, parent, or increase in costs like GST hike or electricity tariffs.

3๏ธโƒฃ You could be ๐™จ๐™–๐™ซ๐™ž๐™ฃ๐™œ ๐™ค๐™ฃ ๐™ฉ๐™๐™š ๐™ž๐™ฃ๐™ฉ๐™š๐™ง๐™š๐™จ๐™ฉ ๐™ฅ๐™–๐™ฎ๐™ข๐™š๐™ฃ๐™ฉ๐™จ ๐™ค๐™ฃ ๐™๐™ค๐™ช๐™จ๐™ž๐™ฃ๐™œ ๐™ก๐™ค๐™–๐™ฃ๐™จ or an ๐™ž๐™ฃ๐™˜๐™ง๐™š๐™–๐™จ๐™š ๐™ž๐™ฃ ๐™ก๐™ค๐™–๐™ฃ ๐™ž๐™ฃ๐™ฉ๐™š๐™ง๐™š๐™จ๐™ฉ ๐™ง๐™–๐™ฉ๐™š๐™จ ๐™ฌ๐™ž๐™ก๐™ก ๐™ฃ๐™ค๐™ฉ ๐™–๐™›๐™›๐™š๐™˜๐™ฉ you at all.

Simply put, if you have the financial capability to do so, you could save a lot of money in the long run! Especially in these uncertain times, with inflation and sudden increase in bank interest rates to above 4%, paying in full may free you from uncertain factors currently affecting many homeowners that may lead to serious financial problems and social problems like divorce, or health problems like depression.

Remember to assess your situation and budget well when looking for a new home. Talk to an expert, if you feel like you have concerns and unanswered doubts.

Need someone to help you assess your situation? Give me a call.

Drop me a message on my FB or IG, or WA me at 9178 4459 for a non-obligatory consultation.

Need the right strategy and advice for your next property?