Jul
30
The Real Reason I Paid Off My Mortgage
July 30, 2008 | 3 Comments
I paid off my mortgage last year. Why did I do it? The time was right for me and it still might be the right time for you to do the same thing. I'll explain why.
I've been on a rampage against the mortgage lately. In my last article (more reasons to pay off your mortgage), [...]
Jul
29
More Reasons to Pay Off Your Mortgage
July 29, 2008 | 4 Comments
What is it about the mortgage that makes so many people rally to its defense? You would think it's a member of the family. I'd really like to chance my mind on the mortgage just to be a contrarian. However there is just too much evidence that paying off your mortgage is the best move [...]
Jul
28
I believe that you should pay of your mortgage early. I did it and I still consider it one of the best things I've done. However, there are a number of people claiming that paying off your mortgage is foolish. Let's debunk some more of these myths.
The blog 7million7Years has an article about why paying [...]
Jul
10
Close Old Or Unused Accounts
July 10, 2008 | 5 Comments
I hate loose ends, especially financial loose ends. If you have old accounts that you no longer use like credit cards, home equity lines or other bank accounts, you should close them. In case you need convincing, I've created a list of the reasons you should close unused accounts.
When ING kept sending me statements [...]
Apr
23
Why Debt is Risky
April 23, 2008 | 2 Comments
Debt is bad because with debt comes risk. Debt is risky for businesses and people. Debt, if used correctly, can be powerful tool. However, in too many cases, debt is used improperly and the consequences are unhappiness, stress, bankruptcy and divorce.
Attitudes About Debt Have Changed
I’ve already talked about how our attitudes about [...]
Apr
11
Making Up Excuses to Keep Your Mortgage?
April 11, 2008 | 5 Comments
Do you still have a mortgage on your home? If you’re like most people I’m guessing you do. However, most people aren’t wealthy. There are many myths about why you should keep your mortgage. I’m going to dispel them in this article.
Before we get started, let me just say that I [...]