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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Pay off mortgage.  No question.  You want a remodel, you don't need it.[/quote]

Are you crazy? Or financially illiterate? OP has a less than 2.8% mortgage. She can get a 5% risk free return right now through HYSA, Treasuries, or money market funds. Why in the world would she choose the lower return from paying off the mortgage? [/quote]

You have to pay taxes on that 5%, so it’s like 3.5% after taxes. Unless she itemizes her deductions, she’s really only earning 0.7% above the rate of her mortgage.

Not everyone feels the need to squeeze out every last 1/10th of a percent in return, especially when there are other benefits to paying off your mortgage (such as dramatically reducing your monthly fixed obligations).

Glad I could help you understand this.[/quote]

Do the kitchen Reno first  first to see if you actually want to Reno everything. I initially thought I want to do the bathrooms kitchen and basement all at once. However, after I renovated the kitchen I decided that I want a break.  I have the cash to Reno everything else, but I’m holding off indefinitely because it’s just too annoying to renovate.  I don’t think it will improve my life much and I might do it later but I have no plans to continue at the moment. [/quote]

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