Jump to content

O’Hara: "Things were so much easier when I earned 100pound a week on WTS"


Genie

Recommended Posts

I can see what he's trying to say, he's just worded it wrong. Life was less stressful for me before I had a mortgage, wife and kids to support. However, you lve within your means. If I increased my salary, I'd spend more on things I don't exactly need, if I had to take a cut then I'd spend less on the things I don't need.

However in his position with working hours etc I don't think doing charity events takes up too much of his own time. I'm sure he's home before the average worker! I can't see him being too bothered when the bills come in every month nd sitting there working out how he's going to pay for them. Now that's stress!

Link to comment
Share on other sites

I repeat. Why the hell does he need a mortgage?

A few months savings would buy a house outright. Even if did have one, he could pay it all off in a year, tops.

Because buying outright is generally a bad thing to do when people want to loan you money at low rates of interest.

You can get a mortgage at under 3% if you're a decent borrower, which footballers probably will be.

If you can get a return of over 3% on investing your money, you'd be foolish to not take the mortgage as it'd actually cost you money to buy outright.

Link to comment
Share on other sites

×
×
  • Create New...
Â