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We have only got $2500 on the card now. Moreso that I started my own company in Dec06… Actually the spending was all mine… that is what years of being single and irresponsible had lead me to… I guess you could say that I have been put on the right track by the right women….
Crashy…..
I guess that Wedding, Car, Holiday and becomming debt free have had more priority for a while.
Probably not the best order, but the least stressful for us both.
Thanks Elka, Luke and Marc…. Appreciate your help…
It is funny, my partner and I were on the right track about 6 months ago… and somewhere the path was greyed by all of the "other" advice and influences around us….
You have helped remind us about the positive cashflow properties that we use to actively look out for, and I think now we will put our minds into action and start to do the math.
Thanks again.
Mark
Elka,
Sorry, the comparison that I used was the one on this site. https://www.propertyinvesting.com/strategies/buyandhold
It is an older reference to a problem.
My partner and I are trying to work out where to start. A common problem I think.
I currently own my own company and my partner works, our combined income is approx $280K yet were confused after applying to Mortage Choice for a home loan…. we were told that they were prepared to lend only 350K-400K. Clearly we began to question everything and doubt our own figures…. so I guess I ended up here again.
This will be our first home, but I doubt that we have an income problem. We have $0 debt and approx $20K + FHOG.
Perhaps I just need to do some more reading… I have Steve's first book, and I guess things have changed a little.
Lots of time to think is not always a good thing.
Mark
