Bermuda Islander - Step 8
Updated: Dec 22, 2020 09:47 AM
INTRO – STEP 8
Your Personal Loan Review – Know What You Owe
Your challenge
1-Review all your loan/debt statements
2-How much do you owe short and long-term
3-Categorize your purchases by their value in the future
4-Which assets bought with debt will appreciate, or not be worth much, if anything.
5-What is your real cost of any purchase made using debt. You’ll be surprised at the actual number!
6-Understanding mortgage amortisation debt reduction
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