The following post comes from Will who writes at Growing the Green. We share similar views on personal finance as a whole, especially when it comes to decisions about debt. I invited him to post after reading some of his views on paying off the mortgage and how different factors play into making a decision on whether to pay down mortgage debt or to pursue other investments. Enjoy!
Pros and Cons of Paying Off the Mortgage Early
A continuing discussion in personal finance is whether or not to pay off your mortgage early. Let’s take a look at some of the big discussion points and offer some insight.
Why you should pay it off early
1) Improved Cash flow
Paying off the mortgage puts you in a very powerful position. It frees up cash to make other investments that build wealth while also allowing you to live on less money . . . → Read More: Pros and Cons of Paying Off The Mortgage Early