Everything you need to know about paying off your home early, getting a mortgage and saving money around the house.
Summer is coming soon to a home near you. In fact, it’s coming to your home…unless you live somewhere weird.
There are ways to cut cooling costs. Practical ways.
You don’t have to spend thousands to save hundreds.
Unless you want to do that. But you don’t want to do that.
That would be dumb. I don’t even know why we are still talking about it.
Since you don’t want to do that, do this…
Refinancing your home is like the government.
Sometimes it makes sense.
Sometimes it doesn’t.
And sometimes it will force you to spend a lot of money with little or no return.
Doesn’t that remind you of the government?
So, when does it make sense to refinance?
There are ways to figure that out and there are some things you need to know about refinancing…
Should you refinance your home? Is it worth it?
That depends! But should you look into it? Yes!
It’s amazing what 1% can save you over 10, 20 or 30 years.
This is a sweet infographic that breaks down exactly what 1% could mean for a refinance…
There are strategies for paying off your home early.
Those strategies are great and they work.
But is it worth it to pay off your home early?
With mortgage rates being so low, why not invest the extra money instead of paying off your home?
I really don’t think you have to pick. I think you can do both.
If you want to pay off your home early, this may be the best strategy for you.
Let me explain…
I have covered buying vs. renting…twice actually.
Then I moved on to answering the question: Is it dumb to pay off your mortgage early?
After that, I wrote about everything you need to know before you pay off your mortgage early.
Today I am giving you strategies for doing exactly that. Paying off your mortgage early.
As promised, here are 3 quick strategies to pay off you mortgage faster than you ever thought possible…
Today is the 2nd and final part in this series.
If you missed part 1, you can read it here.
One of the discussions that came up in part 1 was about investing instead of paying off your home early.
It’s a common perspective that you shouldn’t pay off your mortgage early, but you should invest the money instead.
It makes sense, because mortgage rates are low right now and you can probably earn more by investing than you can save by paying off your home early, but there is actually a way to take advantage of both!
It’s not always about having the highest return, sometimes it’s simply about being totally 100% debt-free…which is an amazing feeling.
Soon I’ll be publishing an article on how to get the best of both worlds, but for today, here is part 2 of what you should know before you start paying off your mortgage…
“I’m in debt. I am a true American.” -Balki Bartokomous
It’s true. Just about every person in American (and much of the world) is in debt.
We are so used to it that we even consider ourselves to be debt-free when we still have a mortgage.
You know how it goes…
“Yeah, I’m debt-free…well, except for my house.”
If you have a mortgage you are not debt-free.
But you can be…
There is a lot to know before you start paying off your home early…
To rent or to buy…that is the question.
I recently wrote an entire 2-part article about this.
This infographic explains a few more points.
It’s not an easy decision, so you will want to do some research.
You’re in the right place…