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 [...]

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 change 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 [...]

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 debt [...]

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 don’t have anything [...]