• 25 SOLD
  • April 2019

News & Media

Be Cautious of Debt

Since the deregulation of lending there has been a huge increase in the availability and ease at which people can borrow money. Our  message is simple, be cautious of debt, the lenders are SELLING you money and interest is the PRICE of that money.

It may take two or three houses to achieve your dream home. Start smaller and trade up – make it a gradual process. Watch your debt, and do everything you can to reduce it. Save, build equity and avoid over committing.

These days we see too many people who are slaves to their lifestyles, and especially to their houses. They work many hours to pay for houses they can’t afford, and don’t enjoy because they are too busy working to meet mortgage payments.

Be cautious of debt. Be prepared to start small and work your way up. It’s no fun going broke.

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