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Nothing bad has ever happened from paying yourself first and the bank second.
Paying the banks should not come at the expense of your quality of life.
Nor should it come at the expense of your retirement or savings.
It is important to contribute to an emergency fund and it is important to become less and less dependent on the banks.
Don’t forget to pay yourself first!
Robert Floris is a mortgage broker in Hamilton, Ontario serving the East Hamilton Mountain, GTA, Ontario and the rest of Canada. Get the lowest mortgage rates with Robert whether you are purchasing a home, refinancing a home for home improvments or consolidating debt. Email Robert at mortgages@robertfloris.com