House
20 Second Advisor: Being a Contractor’s Fool
After 20 years in the same house, our kitchen cabinets had seen better days. While the insides and basic structure were still okay, the white doors were overlaid with some kind of thermal layer that started peeling off at the corners. I’m kind of frugal, and have a misguided view of myself as handy, so…
Read More20 Second Advisor: To borrow or not to borrow? Part 2 – Freedom from debt feels good.
Last time, I wrote about the financial elements to consider when you’re deciding whether to pay off your mortgage early. See here for that post. Today, I want to touch on the emotional elements of paying off debt early. As discussed in the last post, you are almost always better off financially to slowly pay…
Read More20 Second Advisor: To borrow or not to borrow? Part 1 – The true cost of mortgage debt.
With interest rates near their all time lows, I want to write a few blogs about mortgage debt. It’s a question we get asked all the time: “Should I pay off my mortgage quicker than scheduled?” Before we answer that question, I want to explore the true cost of carrying mortgage debt. The factors that…
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