Many who think they can’t live on their current income are frittering a bigger chunk of it away than they realise.
Whether they’ve bought a first home, upgraded, or extended the mortgage to pay for building works, many Kiwis, and Aucklanders in particular, have saddled themselves with way more debt than they care to think about.
Many Kiwis who think it’s impossible to live on their current income are frittering a bigger chunk of it away than they realise. If it feels like torture, reposition your thinking to cherish the home you’re working to pay off.
Read more here: http://www.nzherald.co.nz/mortgages/news/article.cfm?c_id=516&objectid=11688027
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