For today’s post we’re looking into the many good reasons to pay off your mortgage early. My hope is that it’ll really motivate you to kick things into action and get to work on killing that debt. For something a bit different this post is featured over at the fantastic Life And My Finances website! I did a guest post for them a number of years ago and decided it was time to do a second so head over there now and enjoy the read!
The benefits include: 1) How to pay off your mortgage faster than 99% of people with one hour a month of work 2) How to get rid of your debt and have the freedom to spend money on the things you love, guilt free 3) Clear outline of how to setup your expenses, mortgage and general finance 4) How offset accounts work and how to get the same result without being gouged by the big banks 5) How to cut through the crap and focus on the things that truly matter when taking down a mortgage 6) How to adjust the strategy so it works for you, even if you have kids, even if you only have one income 7) How to do all of these things and maintain a normal social life (and never be cheap).