In this video I share 4 tips that will help you as a first time home owner pay off your morgage bond faster and quicker. These are easy to use tips and strategies…
TIP 1 – Use 90% of your salary/income and pay yourself first by taking that 10% and paying it into your mortgage bond.
TIP 2 – Use your salary/income increment as an additional payment towards your mortgage bond
TIP 3 – Use your lump sum income to pay towards your mortgage bond on an annual basis. This can include your 13th cheque, your annual performance bonus, your tax return income or your sale of leave days.
TIP 4 – Create additional income streams and use that money to expedite your journey towards financial freedom by adding it to your mortgage bond.
So, I hope you learned something…
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You are absolutely right brother, it is possible to pay your bond in less than 10 year.
Fire