Financial housing experts say there are 2.2 million mortgages coming up for renewal in the next two years. On episode #364 of “Let’s Talk Money with Dave and Reb”, the co-hosts encourage listeners to face what is coming especially if they know their monthly mortgage payments are going to experience an increase.
Dave and Reb make a few suggestions on how to manage the upcoming renewals by encouraging listeners to increase how much they can pay right now, even if their renewal isn’t happening for a few months. They also suggest looking at any lifestyle changes that could save money and go towards the mortgage.
“Getting a clear picture of where you are financially, right now, is a great place to start,” Dave says. “This will help you manage the changes that are coming.”
Tune in to the show today sponsored by Financial Discipleship Canada and notmine.ca—a ministry to the body of Christ that voices and encourages dialogue and new conversations regarding finance and discipleship. To learn how you can connect your finances to being a disciple of Christ go to https://www.financialdiscipleship.ca/. To order Reb’s e-book, audio book, or soft-cover copy of Cultivating Trust: Finding God’s Hope and Freedom for Your Finances, go to www.morethanenoughbooks.ca.