Does the expectation of an unpleasant event make the experience worse? Does the boxer feel it less than the guy who got sucker punched at the bar? Having emergency surgery any less painful than the one that has been planned months in advance? Getting let go from your job that you have worked at for years any less painful than suddenly quitting?

The economists have been talking the impending rate increase by the central bankers since the last big one in September. Will this make it any less painful if we expect at 75basis point increase vs it coming out of the blue! Will we feel any different about a recession if they have been talking about it for months?

Either way it will be best is we prepare for the worst case scenario. Hope for the best but prepare for the worst. Start now by cutting back your expenses, fund your emergency reserve and lower your debt payments as much as possible. The anxiety and expectation of a pending unfortunate event may be worse than the event itself but it’s still better to be prepared.

Today I am thankful for the sound of the rain when I got up this morning, the ability to be able to continue to share my thoughts with you and the opportunities of a new week ahead.

I look forward to hearing from you in regard to your mortgage needs.


p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.

p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).

p.s.s.s You can download my new mortgage app here