Your mortgage... your decision

Mohammed Alhassami

Deciding to get a mortgage is one of the most important financial decisions and one that affects your personal and family stability, and here lies the importance of the decision stemming from self-awareness, not from imitating others or getting carried away by offers. What works for others may not work for you.

To achieve long-term financial stability, start by writing down all your monthly obligations and current and future expenses using the greatest financial advisor:

«pen and paper»

For a clearer view, away from haphazard estimates. <Determine your ability to repay without affecting your paycheck or going over your safe limit. <It's important to accurately assess your financial situation.

Ask yourself: What is the maximum amount you can pay off regularly without affecting you and your family's standard of living.

Finally:

Mortgage is not an absolute good, nor is it an absolute evil. It's a tool, and you determine its outcome:

<If you use it wisely, it will serve you and make you happy. <If you use it recklessly, it will wear you down and destroy you.

And remember:

The bank counts for you, but it doesn't count for you.

@Alhesamee