At the beginning of every year, a lot of people reflect on their lives over the previous 12 months, using their experiences as a motive for new goals. Financial new years resolutions have become increasingly popular, and sometimes it can feel daunting figuring out reasonable and feasible goals for your current financial position. However, that doesn’t mean it’s impossible. With small steps, you can reach great financial milestones month to month, or within a few years, just by taking things slowly and making minor adjustments.
If you’re a medical professional wondering how you can save some extra money or hit some financial milestones this year, keep reading! In this blog, we’ll be discussing financial resolutions for 2022 that are completely realistic, and not difficult to achieve at all. Need some help with figuring out a structure that suits your lifestyle? MediPro Capital Finance is here for you.
Being in the medical industry means you have great job security and an abundance of benefits. This helps when it comes to securing loans. For assistance with your financial goals and resolutions, contact our specialised brokers today on 1300 375 626 or reach out through our online form!
Financial New Year’s Resolutions
Refinance to Secure Better Interest Rate
Refinancing is a good idea if you’re in the market for a better interest rate. This is a really great way to save yourself some extra money each month and in the long term. Depending on your current loan and circumstances, dropping your rate by any percentage point could be enough to make the change worth it.
Pay Your Credit Card Balance Each Month
One of the best financial new years resolutions you can make for yourself includes paying your credit card balance each and every month! You may be aware of the interest that’s charged if you carry a balance over into the next payment period, however, if you stay on top of your payments you won’t see any interest charges. Doing this also creates a grace period when it comes to new purchases!!
Loan Restructuring for Business Expansion
Loan restructuring may sound like a hassle, but by engaging a broker through MediPro Capital Finance, rest assured knowing our team will take care of the hard stuff so that you don’t have to stress. Thanks to our experience in the industry, negotiating and modifying the terms and conditions of your loans is something we’re familiar with. We know how important it is to expand your business when you need it the most, which is why we’ll take the pressure off of your shoulders so you can focus on the more important things.
Make Extra Mortgage Payments
It’s no secret that making extra payments on your mortgage can save you thousands of dollars in interest. Not only that, but it can help you build equity a lot faster as well. Make this one of your financial resolutions for 2022 and see your mortgage paid off faster, with more money kept in your pockets for other areas of your life. Need a dedicated structure? MediPro Capital are here to help!
Purchase a New Investment Property
There are an abundance of reasons why investing in property is a good idea. Not only does it provide passive income, but you would also experience stable cash flow, tax advantages such as breaks and deductions, diversification, leverage, and a lot more. If you’re looking to invest in real estate, MediPro Capital offer investment loans for medico’s to get them there. Interested in making an investment one of your financial resolutions for 2022? Give us a call.
Want to Get Your Financial New Year’s Resolutions Started?
We know that arranging finance of any kind can be a pain point for many, especially being a medical professional with a time-poor schedule. That’s why MediPro Capital Finance are here to help. We want to take the weight from your shoulders, unlocking more time in your day while we take care of the stressful lending processes.
Contact the team at MediPro Capital Finance today on 1300 375 626 to start talking about your financial resolutions. We’ll help!
Interested in more of our medico based services? Check out our home loans for medical practitioners and so much more on our website today.