Reducing Mortgage Debt

Reducing mortgage debt is verily the only thought that lies in every home owners subconsciousness. The thought of having to pay a mortgage over the next thirty years is enough to shock anyone into an hypnotic state. Especially when you know that your $300.000 dream home will eventually cost you $900.000 over the thirty years.

When you consider, that the most amount of money your average home buyer will ever spend in their lifetime, is on their mortgage and tax, then you can understand why the thoughts associated with purchasing a home, can easily be pushed into an area of your subconsciousness that no one ever wants to go to.

The thought of reducing mortgage debt seems unimaginable. That's why people end up doing exactly the opposite to what they should be doing. I.e. instead of creating a viable plan and structuring their lives so that they can reduce their mortgage, they sabotage themselves and go into self-destruct mode.

One of the best methods of obscuring thoughts of fear from your thinking, are to obscure them with thoughts that create pleasure. This is why a lot of people with a mortgage, instead of concentrating on reducing mortgage debt, they concentrate on making themselves feel better by spending money on consumer credit....plasma TV's, SUV's, 'designer' furniture, holiday resorts, subconsciously and frighteningly running from the fear of reducing mortgage debt.

Strangely, it's the wish and dream of most people in the western world to get into their own home. This is a weird tendency. There are billions of people who live quite happily in the old cultures of Europe, Asia, India and China without owning their own home. The moment those same people arrive in 'the West', they're made to feel inadequate if they don't own their own home.

I can understand that people want to make their situation better, but if you really want to get ahead, you've got to learn how to change your relationship with money. With loans extending from 25 years up to 30 years, reducing mortgage debt usually becomes a life-long task for most people, leaving them owning their own home at retirement, but financially poor.

Why is it that in the western world, 56% of all retirees end up retiring on the poverty level and only 4% retire well off where a further 5% continue to work to make ends meet. Only 1% retire wealthy. Hurts doesn't it?

One of the biggest problems associated with the 'baby boomers' that have reached retirement age, is that, they will still most probably have another 20 to 30 years of active life to maintain, but they don't have the systems and finance in place to handle this.

What do You think Your Retirement's Worth?

How much do you think, you'll need in your superannuation or retirement fund to retire comfortably? Well, if you've only got around $500,000 to survive the next thirty years, then you're probably going to be struggling. Double that amount and you'll begin to at least take the stress out of your retirement life and live and enjoy your life longer.

Now, I'm predominantly a business coach and life educator. I show business owners how they can gain great financial advantages through reducing mortgage debt by leveraging off their business turnover.

Not all mortgage brokers will tell you, what the best systems are for you to reduce your mortgage quickly and save you tens of thousands of dollars in interest payments. The banks certainly won't tell you.

Think of this, a mortgage broker earns a monthly trailing commissions off your current balance for the term of your loan, as long as you remain with the facility that the broker set you up with. The broker's happy because he/she's earning money, so it's not really in the broker's interest to show you something that will pay your balance down quickly. The longer you're in mortgage debt, the more a broker earns on a monthly basis.

As a business coach, I help my business clients increase their profits by at least 35%. I also show them how they can get on the path of financial independence by reducing mortgage debt by leveraging off their business turnover to save money and to have more time for themselves and their families. I understand the importance of this as a father of two, myself.

Did you know, that you don't have to own a business to get similar reductions in your mortgage debt by leveraging off your earnings, it's not as effective as business turnover because the numbers are different, but you'll be surprised at how much money you're currently throwing away, if you're not taking advantage of your earnings.

Analyse Your Personal Situation

We'd all like to be reducing mortgage debt quickly and efficiently. Unfortunately, not everyone trusts themselves to do this. Some of us are so caught up in the fear of being in debt that we do everything to stay in debt because the fear lies in changing bad habits.

If you'd like to learn a bit more about how to reduce your mortgage debt and, even if you own a business, increase your profits too, then no matter where you reside in Australia, I can give you a FREE analysis and consultation about your mortgage options - no obligations.

If you fill out the form below, I'll be in touch so that we can discuss your options and have you on your way to financial independence so that you can begin to enjoy your life and start living the life that you want.

These tips are all well and good if you put them into practice. None of what I suggest will work though , if YOU don't change your mindset.

Some people spend tens of thousands of dollars on self-improvement courses, to be no better off than when they started. If you want to make a change in your life you need to change some fundamental thought processes which are not allowing you to fulfill your desires.

There's only one program ever designed to help you break those bad habits that are not allowing you to attract abundance in your life. This Program is more powerful than any other and all of those self-development courses put together.

It's a program that has helped thousands of people from all walks of life and levels of income to rediscover themselves. The only way that they achieved this was by breaking their bad habits through analysis, awareness and recreation of their values. If you want to know how to do this, and start the simple 9 STEP PROGRAM and be on your way to financial independence, then visit the Attracting Abundance Program .

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