Bites-Big

By now you would have restructured your loan with the bank or broker. Please take a moment to confirm the restructured loan below. For your reference, these are the suggested figures we emailed you: Your total Borrowing: $Revolving credit: $1 year fixed: $2 year fixed: $Consolidation:  $ You will be able to adjust the repayments and […]

Do you still need help finalize your mortgage structure? Click here to schedule a chat with a mortgage broker.

So how did your challenge go? Lets review how you did and workout how much of the savings we can put on your mortgage repayment:

There are some advantages in shopping online; No rush – you can shop at your own pace. If you are shopping from your kitchen at home it also means you can easily check what you have already before adding a product to the cart. Know what you are spending – you have a running total

Before you start shopping you will need to decide on the Supermarket that you want to use. You may have a favorite or a local supermarket that is more convenient, especially if you want to collect your shopping order which saves on the delivery charge. Most of the major New Zealand supermarkets have online shopping.

Now you know how much you are spending. The next step is to decide what your savings target is. You need to have a target that is achievable and sustainable – this is a 30-day challenge, but the aim is continue this over the long-term. It is no use having a target that will be

You need to go through the last 3-months of bank statements and calculate what your total spending was on food and drink from the supermarket, liquor store and any other places that you buy food or drink including lunch bars, takeaways and restaurants. A very good tool for this is the budgeting software called PocketSmith.

Once completed we will send a congratulations message – That wasn’t so hard and what you have saved will make a difference to your mortgage. Check on the calculator and see how much this will save you. Can you now live without a credit card? If so you can now cancel your credit card so