When you have taken a mortgage...and yet If you do not have an
OUT-OF-DEBT PLAN
rest assured you are under the influence of someone else's
INTO-DEBT PLAN !
OUT-OF-DEBT PLAN
rest assured you are under the influence of someone else's
INTO-DEBT PLAN !
Why we need an Out-of-Debt plan to war againts the Mortgage?
- Comfortably retirement,
- Support children higher education,
- Own more/larger properties,
- Sustainable cost of living,
- Beat againt the inflation rate,
- Financial independence life style.
Assuming 6% inflation rate inflated 20 year later...
- Cost of 3 meals today RM20 will be paid RM64.
- Expenses for a year RM48,000 will be paid RM153,942.
- Purchasing power of RM500,000 will become RM145,000
