Wednesday, August 6, 2008

Mortgage Payoff

I have been seriously considering paying off my mortgage and several online bloggers have paid off their mortgage or close to paying them off. Why not join their ranks?

Am not concerned with tax savings or lost arbitrage opportunities investing the money in something else that returns a higher yield. My focus has been to gain financial freedom and have as little debt as possible..

For the last few years, any 0% credit card offers lasting more than 12 months have gone straight to my mortgage and this has helped me payoff my mortgage(and those 0% offers) in half in about 4 years and am looking to completely pay it off in the next 2 years.

To motivate me, I have included the Mortgage payoff info in the blog so it serves as a daily reminder to me...Wish me well!

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