448 | The Interest Only vs P&I Debate - which is better?

The Property Couch

Jun 22, 2023•1 hr 19 min

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Episode description

Join us for our latest Q&A episode as we dive deep into the intricate mechanics of interest-only loans, we unveil some of the strategies for managing mortgage stress, and we also unlock the hidden gems of building financial muscle memory.

Get ready to unlock a wealth of knowledge and practical insights as we explore the art of budgeting, saving, and setting goals. Discover the power of delayed gratification and learn how it can shape your financial future.

In this episode, we address the burning questions that have been on your mind.

We leave no stone unturned as we demystify these key themes:

The complexities of interest-only loans, shedding light on their benefits and considerations
We explore the nuances of repayment options
Interest rates, and the potential long-term impact of interest-only loans on your financial journey

We also navigate the realm of mortgage stress and unpack how to establish a realistic budget to prioritising savings!

But wait, there's more! Prepare to unleash the ultimate weapon: financial muscle memory. Discover how small, consistent actions can lead to significant financial gains over time. We delve into the psychology of decision-making, empowering you to seize control, make savvy choices, and skyrocket your financial well-being.

Don’t miss out on our latest Q&A episode folks!! You can also watch it here!

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