Quote:
Originally Posted by cafe22
For those who have mortgage renews in the next 2-3 years, how are you guys preparing for the hit? (assuming rates hover at 5-6%).
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Trying to save as much as I can, I'll evaluate what I'm going to put down on my mortgage at renewal in January 2025.
Other than our mortgage we have no debt, pay our CC off every month. I do have to buy my wife a new vehicle this year but even if I don't pay it off at time of purchase I'll make sure it's cleared before the mortgage renewal.
I might go back to contracting on the side to make some extra money in the next little bit so I can save even more money, wife is finally getting reclassified in her Govt job so her wage should go up as well which helps.
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The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I donīt care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. Thatīs how winning is done. Now, if you know what you worth, go out and get what you worth. - Rocky Balboa
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