Simple tips to help you pay your mortgage (without cutting back on other essentials)

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Keeping up with a monthly mortgage payment is becoming more difficult by the year. When combined with increasing inflation rates, owning a home has caused some Canadians to struggle with making their payments. Contributor Christopher Liew shares some practical, simple tips to help you pay your mortgage so you don't find yourself falling behind.

increased from $351,862 to $374,635 , according to the Canada Mortgage and Housing Corporation.

Try your best to account for every dollar spent. This will allow you to see exactly how much cash you have flowing in and where it’s going. Then, you can use this data to cut back on certain areas, such as excessive streaming subscriptions or nights out, allowing you to put extra money aside.After analyzing your budget and figuring out where you can save, try one or several of the following tips to help put extra money in your pocket.

You have to provide them with a clean room, access to a clean shower/bathroom, and a few essentials. If safety is a concern,If you have a larger property with space to fit a boat or an RV, then you can rent out the space to boat or RV owners who need a place to store their vehicles in the off-season. It helps if you have a secure, fenced-in backyard.

 

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Going to sell your own a55?!?

Bring back Lisa Laflamme

Is this for real? Because of an incompetent government printing cash, causing record inflation, interest rates rising. Your suggestion is to sell your belongings, have a stranger rent a room in your home, let someone park an RV in your yard or take in dogs!?!

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