The rates
It’s been a bit stressful not knowing what he interest rates will do. They have gone up over 2% since we bought our apartment and that makes a huge difference to our repayments. We have been unable to make big purchases that we would have liked such as air conditioning and a dishwasher because we just don’t know how much higher the interest rates are going to go up. We don’t want to be caught in the situation where we can’t afford the fortnightly repayments. It makes the future really unclear also. My partner has picked up an extra day at work again just to keep the cash flow up a bit but he doesn’t know how long he’ll be able to continue this for before the company just says they need to hire someone full time. Or does he let our side business fail and go back to work full time? We don’t want to let our business die as it could potentially be a money spinner for us. So do you just give up on that and go back to work that you don’t really love just to make sure that the interest rates don’t get to high for us?