Your income is not the problem its your spending.
Do you ever want to reach across the table and let your buyer know that with 8,000, 10,000, 15,000/mo income the buyers don't need to figure out how to earn more, what they need is some financial lessons to teach them how to buy/spend better/less!
In my 20yrs of being in the mortgage industry it never ceases to amaze me at the number of HIGH income earners that have little to nothing in the bank! Sure they have the nice home, the nice cars, the toys etc but they also have ALL the debt that goes with that and at the end of each month don't have reserves in the bank, they pay all that out to a depreciating asset??
I also have to say it comes as an equal shock that many times borrowers with well less than 1/2 the above monthly incomes have 5,000, 10,000 sometimes 20,000+ saved up!
So what is the secret?
Its not how much you earn that counts its how much you SAVE that counts!
Things happen, life happens... cars break down, kids need braces, home needs repairs, your kids school needs xxx, you decide you NEED a vacation... It really doesn't matter what, the bottom line is ITS reality.
Things are nice, having many is also nice, IF you can afford them and I don't mean cover the monthly bill, I mean if YOU own them and they don't own you!
Turn the tables on debt and REDUCE it! Just because you can afford something doesn't mean you should own that. Savings is NOT an option its a must so if you are putting 5-10% of your income each month aside and want something and will not impede your savings... go ahead. If you are not saving at least 5% of your income you are headed for serious troubles later in life.
Savings and financial plans are simply not an option they are a must and it doesn't take more money it takes LESS spending!
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