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Re: If my Mortgage was paid for a year?

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Message 21 of 38

I would payoff my higher interest credit card bills and then invest some of the funds in my retirement accounts like my ROTH IRA.  The opportuity to reduce my debt would be a great asset that would benefit me for years to come.

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Re: If my Mortgage was paid for a year?

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Message 22 of 38

If my mortgage was paid for a year I would save the money to pay for my persciptions for a year and a few groceries!

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Re: If my Mortgage was paid for a year?

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Message 23 of 38

I would pay off my debts and have my left knee replaced.

 

This would give me peace of mind and improve  my walking so I can get around more easily.t

 

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Re: If my Mortgage was paid for a year?

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Message 24 of 38

I'd use what I saved to pay off as much more of the mortgage as possible.

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Re: If my Mortgage was paid for a year?

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Message 25 of 38

10 % of my savings would go to my tithes and the rest would still go towards my mortgage

The faster I pay it off the better off everything will be

 

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Re: If my Mortgage was paid for a year?

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Message 26 of 38

10 % of my savings would go to my tithes and the rest would still go towards my mortgage

The faster I pay it off the better off everything will be

 

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Re: If my Mortgage was paid for a year?

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Message 27 of 38

If my mortgage was paid for a year, I'd pay my daughter's divorce lawyer so that my granddaughter could be safe.

Nuff said.

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Re: If my Mortgage was paid for a year?

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Message 28 of 38

Give thanks to God almighty and but me a much needed car fix my leaking ceiling from my air conditioning unit 

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Re: If my Mortgage was paid for a year?

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Message 29 of 38

I would Thank God! Then I would use half to pay off debt and half to save and at the end of the year I would sell the house and rent a small apartment!

 

 

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Re: If my Mortgage was paid for a year?

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Message 30 of 38

Our mortage has been paid off for seven years and what a relief.  I am of the belief that if you stay the course, do not buy a more house than you need that this is doable.  We are retired and owning what we live in is so gratifying.  I am debt adverse and paying this off was a long lived goal.  Each month we threw more money at the mortage, remodeled the house twice, resided and rewindowed and still got it paid off before retirement.

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