High interest rates
I know you are probably feeling a bit nervous about the interest rate so I will try to help you refocus yourself and make a plan.
First thing you have to do is face reality.
You can not change what happens to the interest rate.
Secondly you have to refocus your energy.
Stop worrying and start focusing on what you are going to do to keep your property.
So how will you get that extra cash you need to pay your bond?
- Get rid of your bad debt. Pay off those credit cards and store cards. They are doing you more harm then good.
- Budget. Create a monthly budget and stick to it. Any extra cash can go towards your bond and help you save on interest.
Thirdly focus on the ultimate outcome.
Think about the day your house is paid off. This will inspire you to keep focused on your goal. Remember to be flexible so you can adapt to any situation.
Find different ways to achieve your goals.
Fourthly take action now.
Do something now to start moving and focus on what you can change and stop focusing on what you can not change.
When ever you start feeling that you are focusing on the wrong things stop, and refocus. This way you will achieve your goal to keep your property and any other goal you set your mind to.
Finally remember. Everything that goes up must come down. So try to keep your property, you won’t be sorry.