Category Archives: Debt

Be Mortgage-Free Faster

Every home owner dreams of being mortgage free. In today’s environment, home prices are some of the highest they have been, and with that, mortgage sizes are significantly larger. Today’s home owners tend to feel it is the norm to always have a mortgage and never pay it off completely. The truth is, there are many opportunities to paying down your mortgage more quickly, and this could save you tens of thousands of dollars over the life of your mortgage. Accelerated Mortgage Payments Do you pay your mortgage monthly? Call your lender and ask to switch to weekly or accelerated…


Understanding Debt

Debt is a passionate topic to me. Why? Because a poor understanding and use of debt can determine the financial success or failure of an individual and a family. Debt can be insidious. It can creep up on you gradually until you find that you owe an unmanageable amount of it. Low interest rates have not helped. Nor has rapidly rising house prices which have allowed lines of credit to grow along with the house values. In my opinion, lenders also have a lot to answer for. They have a way of making you feel happy when they solve your…