Sunday, June 8, 2008

Pay Your Housing Amortizations On Time

It is probably a fact of life already that we have to take out loans to pay for a place we want to call our own. Property values have risen and inflation is so high that it's virtually impossible to save up and pay for a real estate property with cash.

If you do take out a house loan, do pay all your amortizations on time. Set aside a portion of your monthly income for this, before you budget it for other things. You do not want to face foreclosure and lose the roof over your heads.

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A part time ophthalmologist, part time micro business owner, part time graduate student and FULL TIME MOM struggling to find balance in the confusing world of multitasking :)

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