Monday, June 1, 2009

Is Becoming Mortgage Free A Realistic Goal?

Do you know the feeling, the excitement of moving into your new home?  If you own a house you know what I mean.

We have upgraded our home a few times.  For me there’s a real euphoric feeling the first day we move into our new house.  Words like joyful, elated, excited, exhilarated, even ecstatic come to mind.  Are you with me on this?

I can guarantee that on that first day the mortgage is not anywhere near the front of your mind.  And I suppose it shouldn’t be.  After all, this is an exciting day that does not need to be spoiled by the reality of your financial future.

But how long should it stay that way?

If you continue to ignore the reality of your mortgage then it is likely your mortgage will become a permanent member of your household.  (Permanent; meaning similar to a child that never leaves home, but remains a teenager at home forever!)

So, is becoming mortgage free realistic?  Absolutley!

How do you make becoming mortgage free a realistic goal?

The first priority is to make a serious commitment to find the best way for you to pay your home mortgage off as fast as you can.  You can be mortgage free if you set your mind to it.

For us having a mortgage forever was not an option, after all, where’s the sense in paying all our hard earned money to the bank every month for the next 40 plus years?  We were certain there were achievable ways for us to be mortgage free much quicker.

And do you know what?  We found the answers.

We worked hard over a period of six years and discovered FIVE STRATEGIES that worked.  We diligently applied these to our circumstances and were able to become mortgage free in under 6 years.

Before you dismiss this as not an option for you, and put up your circumstances as a defense (or excuse), let me state something.  At the time we worked hard on being mortgage free we were a young married couple with two pre-school kids, and I earned an average wage.  Kathy, my wife, did not work as she wanted to stay at home with the kids.  So you can’t say we were rolling in it.

If we did it, you can too.  No matter what your circumstances are, this can be a realistic goal for you.

What was the next issue we had to deal with to make it realistic?

The next obstacle that we had to overcome was our thinking.  As a financial coach I have spent thousands of hours helping families to get in control of their finances and teaching them how to smash their debt.  And in every single situation I can promise you the very first obstacle we have to overcome is their headspace.

I wish I had more time to tell you about this.  The short answer is that often the barrier to something being a realistic goal is belief.  And this belief starts with the way you choose to think.

To help further with this issue of managing your headspace you can get your hands on a FREE DVD where I reveal the key reasons why families end up with a 50 year mortgage.  Make sure this is not you. 

Get the DVD.  Watch it and learn.  Work on your headspace.  Get your head around the fact that you can be mortgage free, as long as you work hard at it.

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Please do not be one of the families who end up with a mortgage for the rest of your life!

FREE DVD - How To Make Sure you Don’t End Up With A 50 Year Mortgage

Get yours now.  Phil will teach you how to overcome your head-space and become mortgage free!

http://www.howtosmashyourmortgage.com

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