
You have followed your sports team thru the grueling season..with one player in the line up with a torn ligament, another needing surgery during the off season. The pace of day to day grind takes it toll.
A realtor who has been thru the ups and downs of the real estate season has the grit, stamina and recollection of lessons learned during the last challenging market dips.
In the 1980's, I remember 16% interest rates and comparing the real estate market today to the 1980's is apples and oranges logic. Currently mortgage rates are incredible. Four and five percent loans...yippee! If you saved some money over the years, there are some incredible sale prices, super selection and the financing to go with it. These are the best of times if you prepared for them.
If you used to for enjoyment and happiness, hop in the car and spend the day charging this, buying that and dragging it all home, maybe these days are not so much fun. If you are saddled with a giant mortgage, and a second mortgage on top of that and have no savings, and your job is tittering, then your life is in chaos. Learning to get by day to day with what you need, but not everything you want, or think you want is the most valuable lesson to come out of an economic correction during lean times. My dad had a commencement speaker at college who said to the new graduates "I hope you all have adversity early in life, hard times so you can benefit from them the rest of your life". Set backs early in life you can make up for. It's sounds negative or like he wished for failure but his point was this is the key to success and it gets your attention teaching you something you will never forget.
It's the older person out on the limb way over extended helping their kids buy this or that, that is sad. They were raised better than that and should have avoided the financial quick sand and just said no, I am not going into debt to help you live a lifestyle so out of whack with the one that they we taught and enjoyed. Do you have fear of debt now and did you a year ago?
How do you deal with your life when the going gets tough? Did you prepare for it or think this happens to other people, not me? The country is exploring their spending habits, their saving routine, and
looking at what every aspect of their day to day costs. Taking better care of the car you own because you can not afford to trade, studying the cost of food, thinking about wasted trips and being careful when you open your wallet. Isn't that a good thing in the long run when before spending it as fast, or faster than it came in was the helter skelter survival method?
Maine REALTOR Andrew Mooers - Simple Living, Friendly Hardworking People, 4 Season Beauty ...That's What We Are Selling.
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