So, I ring Mum to tell her what may or may not be happening with Cartel and she was unimpressed. ‘You have a great house and are lucky to have a mortgage’ she said, which I totally agree with. In this climate there are many first-time buyers that cannot get the mortgage to get their first property, which is a growing problem.

So after the call I sat back and thought about what I have to lose. I am a single man with no dependents. I looked at what it would be like if I lost everything. Tbh, I think I would get a great sense of calm come over me, a whole new sense of freedom. I would be able to rent a room in a house somewhere and as long as there is an internet connection, I would be fine.

I think underneath I am very much an individual, I am not reliant on much.. Just a bag of clothes and a laptop is all I need to keep me going. So to have nothing else would be a liberator for me.

On the other hand, in that scenario, I would be able to use what I am learning to better effect. I would not have the biggest liability in my portfolio and if I were to get another house I would be using what I now know to find a better purchase.

Onwards and Upwards!

Tags: bag of clothes, calm, cartel, first property, first-time buyers, freedom, great house, if i were to lose everything, individual, internet connection, laptop, mortgage, mum, no dependents, portfolio, rent a room, scenario, single man, what I have to lose

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Posted in Personal Finance Success Mindset by benny 2 Comments