Never having to make a decision for money reasons, sounds great right? Increasing amount of people are finding that their reality is just living to work and working to live, and they are getting tired of it. In comes the dreams of financial independence, enough money to do what you want (and stop doing what you don’t want). Sounds great! But is it attainable and how do you know you’ve reached your goal? In this article we will take a look at how much you would need.
Ever wondered why you need to keep paying for 30 years for a house you supposedly own? More and more people are wondering the same and have started paying off their mortgages early to live a mortgage-free life. Are lower monthly payments the holy grail and should everyone just pay off their mortgage as soon as possible? You guessed it, probably not, let’s have a look at pre-paying your mortgage.