Our Debt Philosophy
Responsibly borrowing money to achieve your objectives.The Planning for Life Debt Philosophy provides some guidelines for borrowing money, whether that be a mortgage, a line of credit or a margin loan. For some of our clients, borrowing money may be used to accelerate the process of wealth creation or achieve an objective in a shorter time frame.
Planning for Life believe that:
- Clients must meet certain criteria (ie attitude toward risk, income, cash reserves) for a debt based strategy to be appropriate
- Clients must fully understand the debt strategy and its positive and negative implications before we progress
- Any debt strategy must be consistent with the goals and objectives of the client
- The client is regularly kept informed of their debt position
