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insurances, superannuation. Keep it simple -- it is
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they still meet your overall objectives and
that your needs have not changed.
It is all too easy to fritter your money
away on luxuries and unnecessary items.
In a strange twist of logic "saving for our
future" is something we put off until the
future. Don't let this happen to you! Set a
defined savings goal. Knowing exactly
what you are saving for, how much you
want to save, and when you want it, is a
powerful incentive. Karen and Sue have
now lost that "sinking feeling" and are
following Isobelle's advice.
But perhaps you have untapped equity in
investments you already possess. Anne, a
67-year-old widow living in her home in
an inner Sydney suburb, has a property
worth around $500,000. She is seeking
funds to enable her to pay out the
remaining mortgage loan balance of
$59,000, and to receive a regular payment
to help with her regular bills. Can Anne
manage to maintain an acceptable lifestyle
based on the equity she already has?
I asked Marilyn Carrero of Seniors
Reverse Mortgages what someone like >>
"It is all too
easy to fritter
items. In a
our future' is
we put off
Wildly Wealthy Women
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