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Reply to "If paying off your mortgage is dumb, why do so many rich people do it?"
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[quote=Anonymous]Because we have enough money that paying of the mortgage was worth the emotional benefit/peace of mind. At some point, you just have enough money that you want to use it for things like ease, freedom, mental health, etc. it’s like flying business instead of coach, or staying at at nicer or more convenient hotel when traveling. It doesn’t make a lot of objective financial sense, but it makes for a more pleasurable life.[/quote]
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