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Money and Finances
Reply to "Paying off the morgatge, good or bad idea?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We paid off ours in 7 years. Didn't care what others did, it was one step closer to retirement for my husband. We will never be homeless, have more money every month to invest, save or spend, a paid off home is real money. No worries, no struggle, one less thing to think about. Being debt free let's us help our kids out more. [/quote] Ok but in doing so, you gave away one of the biggest gifts the US government ever gives - the ability to finance debt for a FIXED rate for 30 years. Over time the debt becomes less and less through inflation. [/quote] You do you I guess?[/quote]
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