How consolidating your debt increases cash flow

Tis the season NOT to be stressing about money. We get it, there’s a lot that feels out of control right now - between inflation and a recession, gift-giving to your loved ones might not feel as fun. But it doesn’t have to be that way.

With a little bit of financial literacy, it’s easy to recession-proof your lifestyle. One of the biggest ways homeowners can save is by consolidating their debt (like credit cards or car payments) into a single home equity line of credit. A few benefits of going this route are

• Reducing monthly payments

• Simplifying your finances

• Reducing interest rates

• Improving credit score

• Repairing credit

Now of course when it comes to mortgage advice, you should always DYOR (do your own research) - but if you’d prefer to spend those hours dipping panettone into a warm beverage, instead scrolling through finance blogs, give us a call. We’ll get back to you asap about whether consolidating your debt works for your lifestyle and financial goals.

Happy Holidays!