We payed off the mortgage here due to the uncertainty of the next few years. Neither of us liked the way the economy was going and even with the theory that during inflationary times it is best to take a loan and pay it off with cheaper future dollars, what if the economy tanks and you can't make even the cheaper payment?
We decided that this could be the rainy day that rainy day funds are for and we payed off the mortgage. Major hit but monthly expenses immediately dropped and the future foreclosure threat is now gone.
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Better is the Enemy of Good Enough. Okay, what’s your point??
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