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3 Smart Money Moves: How to Save More and Stress Less

In a world filled with financial uncertainty, making the right decisions about your money can be overwhelming. With rising interest rates, fluctuating markets, and unexpected expenses, it’s easy to feel lost. But you don’t have to navigate these challenges alone. Angela Calla, an accredited mortgage professional and host of The Mortgage Show on CKNW, has three smart money moves that can help you take control of your finances.


Understanding your financial picture


Before diving into these smart money moves, take a moment to understand your current financial situation. Look at your monthly expenses, upcoming expenses, and your future goals. Are you planning to stay in your current home? Do you have major expenses on the horizon? Understanding your financial goals will help you make informed decisions.


Smart money move #1: Review your mortgage rate


Interest rates are constantly changing, and the rate you locked in a few years ago might not be the best option today. Angela's team emphasizes the importance of regularly reviewing your mortgage rate. If you secured a mortgage at a higher rate, you might be eligible for a lower rate now, even after considering prepayment penalties. Reviewing your mortgage could save you hundreds, if not thousands, of dollars each year.


Smart money move #2: Outside debt payment review


Carrying high-interest debts like credit cards, car loans, or lines of credit? Angela recommends consolidating these debts into your mortgage. This strategy can lower your monthly payments and allow you to pay off your debt faster. For example, one of our clients,  Angela's team, helped them to save up to $1,600 a month by consolidating their debts into their mortgage.


Remember the key important: “Consolidate and Conquer”


Smart money move #3: Optimize your amortization


Angela suggests that you should “stretch smarter, not harder.” This means optimizing your mortgage’s amortization period to suit your current financial situation. Whether you want lower monthly payments for better cash flow or a strategy to pay off your mortgage faster, adjusting your amortization can help you achieve your goals.


Why should you work with Angela Calla Mortgage Team?


Angela Calla Mortgage Team is not tied to any specific bank, allowing them to offer unbiased advice tailored to your individual situation. Their proactive approach ensures that you are always aware of the best options available, even as markets change. Unlike traditional banks that may only offer their own products, Angela provides access to a wide range of lenders and mortgage solutions.


Take Control of Your Financial Future


If you're ready to take control of your finances, you can reach out to the Angela Calla Mortgage team at 604-802-3983 or callateam@countoncalla.ca. With her expert guidance, you can discover new opportunities to save money, reduce debt, and achieve your financial goals faster.


Stay tuned to The Mortgage Show on CKNW for more smart money advice, or visit Angelacalla.ca to start your financial journey today!


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Angela Calla is a mortgage renewal and debt elimination expert with over 20 years of industry experience. She is also a multi-award-winning mortgage professional. Since beginning as a mortgage broker in 2004, Angela has helped thousands of Canadians optimize their mortgage strategies, eliminate debt, and build wealth through real estate.


She is the best-selling author of The Mortgage Code, which equips readers with the tools to make informed financial decisions. Additionally, she is the host of Canada’s longest-running finance radio show on CKNW, where she simplifies mortgage advice and empowers listeners to take control of their financial futures.


Angela has been recognized as Business Leader of the Year (2020) by the Tri-Cities Chamber of Commerce and Entrepreneur of the Year (2019) by the City of Port Coquitlam. She is also a sought-after speaker and educator, delivering accredited training for real estate boards across Greater Vancouver.


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