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SIMPLE MONEY SYSTEMS II How to Budget, Manage Money, Pay Off Debt, Easy Budget, Save Money, Effective Budget, Money Tips, Special Needs Mom Budget, Holistic Budget, Spending Plan, One Income Budget
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19 II Stuck With High-Interest Mortgage? Use easy budget to manage high-interest home loan to your advantage
Manage episode 397057441 series 3523282
Konten disediakan oleh Diana Galas - Personal Finance Coach, Special Needs Mom, Debt-Free Budgeting Course, Diana Galas - Personal Finance Coach, Special Needs Mom, and Debt-Free Budgeting Course. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Diana Galas - Personal Finance Coach, Special Needs Mom, Debt-Free Budgeting Course, Diana Galas - Personal Finance Coach, Special Needs Mom, and Debt-Free Budgeting Course atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Show Notes:
Welcome to episode 19! Are you stuck with a high-interest-rate home loan? Let’s get deep into how it can serve to your advantage. You might be wondering if it’s even safe to invest in your home like making extra principal payments. In general, housing is an essential need and always will remain in value. Just by looking at the historical housing market it always going up. The home value may drop but eventually, it will pick up and rise. So it is a very safe investment.
Here is a recap of today's topic in what ways high interest rates can be useful.
- It helps you to build your home equity
- It provides tax interest write-offs
- It prompts you to clean your credit history
- It points you to invest in real estate
- It teaches you about the real estate market
- It urges you to develop a budgeting habit
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