Congrats. Been debt free since 2007, it opens up all kinds of opportunities if one does not owe the man. Paying off a house is the right thing to do. We were frugal until we paid it off, but it was worth the sacrifice. Even at the present low interest rates, one is still giving away money to the man if you borrow. Some say one can make more on the 3-4% interest rate on the money borrowed - until you can't. So when an opportunity comes up to buy a coin I want, I don't have to worry about debts in my considerations. I like that, so will anyone who pays off the mortgage.
Comments
Congrats. Been debt free since 2007, it opens up all kinds of opportunities if one does not owe the man. Paying off a house is the right thing to do. We were frugal until we paid it off, but it was worth the sacrifice. Even at the present low interest rates, one is still giving away money to the man if you borrow. Some say one can make more on the 3-4% interest rate on the money borrowed - until you can't. So when an opportunity comes up to buy a coin I want, I don't have to worry about debts in my considerations. I like that, so will anyone who pays off the mortgage.
Best, SH