Helping you succeed in life's financial journey

4 things you should ask yourself before taking out a loan or hire purchase

28 November 2019

Written by:

Mike Murray - Director/Authorised Financial Adviser

Taking out a loan, or adding to the mortgage, can sure be tempting. And we're not here to crush your dreams - quite the opposite.

So before you take out debt, here's how to be a financial adult and make sure it's a good decision...

4 things to ask yourself:

1. Is this a want or a need?

2. Am I trying to have champagne on a beer budget (am I living outside of what I can afford)?

3. Instead of going into debt right now, do I have other options? i.e.:

4. What is the debt really costing me? Think about:


Ultimately, the decision is yours and only you can know what is right for you. 

We are here to help though. At any stage we are here to help guide you and put everything into a big-picture perspective - just get in touch. 

Subscribe to our newsletter and stay informed

Phone us today