How much interest have you paid in total over a period of 5 years?
Did it amount to an all inclusive vacation to Italy?
Did it amount to a brand new car? A new kitchen perhaps?
There are advantages to buying with the money you saved as opposed to buying with credit.
Most Canadians home owners end up paying more than the value of their house in interest alone before paying off their mortgage.
Of course some would argue that you'd have to pay rent anyway and if the market is hot, then it makes sense to get a mortgage. And we, at payitdownfast.com, understand that.
We also understand that special circumstances warrant the use of loans.
You could be facing a great business opportunity and need immediate funding. Maybe your roof is leaking and in need of immediate repairs.
There are instances where loans are warranted and that's why we created the financing section.
We will add in this section useful strategies and resources that can help you find the financing that you need.
Make sure to send us your questions and feedbacks for each article.
Sheriff Guirguis
Co-Founder
PayItDownFast.com
These award-winning financial coaches help you:
> Quickly improve your credit
> Eliminate your loans 3X faster
> Set up financial goals and reach them
> Identify philosophies that stop you from succeeding
> Get children and spouse on the same page to improve your financial health
> Shop for a car the smart way
> Buy the right insurance for your family
> Shop for a better mortgage
> With anything else you need to improve your financial health
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