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Category: Debt

Why I paid off my mortgage (early)

Why I paid off my mortgage (early)

I still remember the day I paid off my mortgage.  We turned a 30-year mortgage into a 10-year mortgage.  When I wrote that final check, I cannot begin to describe the feeling.  It’s surreal. Waking up in the morning, and shouting to the world, “I paid off my mortgage.”  We even thought about having a “mortgage burning party” but were afraid of the jealousy that might occur with those who continued to struggle to pay off their ‘s.  Owning my…

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How to increase your wealth – Stay out of Debt

How to increase your wealth – Stay out of Debt

The Goal – Debt Free   Never pay a finance charge on credit card. “the power of compound interest the most powerful force in the universe.” Albert Einstein.   The best way to increase wealth is to stay out of debt. The term the credit card companies like to use for those who pay their balances every month is deadbeat. Well I am a deadbeat when it comes to credit cards because I am one of the few who can say…

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