Tuesday, March 10, 2020

Do This When the World is in Panic Mode

How are you doing with the latest world scare?  I can tell you how are household is handling it – we're looking for all the opportunities buried within the crisis.  I found one more nugget to help me reach my goals of financial freedom in 3 years or less.  It may not seem much to the casual observer but I'm a big believer in doing all the small things well, like calling your credit union and leaving a message asking for a rate reduction.  My mortgage specialist told me they do something for existing customers called a rate commitment on their mini mortgages.  The only fee necessary is $75 do handle the paperwork.  For us, that means we're dropping from 3.25 to 2.9% for the remainder of our loan period.  This is like a minor adjustment in my golf swing on the Par for the Course game I'm playing to rid myself of debt.  Small grip changes result in improved debt reduction scores.   I'm looking forward to my first eagle soon.

The longer I live, the more I see opportunity in every crisis.  How about you?  Are you living in fear or are you maximizing every opportunity that is hidden in the clouds of uncertainty?  Have a great day.

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