[quote=UCGal]
But I’m weird. I abhor debt. I would not take any step to increase my debt. I’m working on paying off my mortgage in full. [/quote]
Hiya,, we’ve had the conversation before. It’s not that you are weird, you are practical.
There is NOTHING WRONG with manageable debt.
You are so focused on ‘not having a mortgage’ that nothing else makes sense to you.
If you had a T-BILL/CD that was paying 6%+ and your mortgage was 4%, it just doesn’t make sense to not carry the mortgage. (Obviously not an option at the moment)
You either have cash to service debt OR you have no debt (and less cash) But don’t fool yourself, it comes at a cost.
Money is just a product. If I can earn more with it than it costs me to get it, then I want to be in ‘debt’ until the day that I die.
