Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: CIB-173RDABN

RE: No debt. You should get out of debt and stay out of debt. Few calculate how much of their money goes to paying interest.

That would eliminate most Americans who own a home and pay mortgages then.


23 posted on 03/12/2015 9:12:51 AM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
[ Post Reply | Private Reply | To 22 | View Replies ]


To: SeekAndFind
That would eliminate most Americans who own a home and pay mortgages then.

It is amazing how much a little can save, especially early in a mortgage. Put extra principal in every payment--even if it is only 20 bucks. It decreases the interest all the way to the last payment, which can come a couple of years sooner with even modest additions every month.

27 posted on 03/12/2015 9:23:46 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
[ Post Reply | Private Reply | To 23 | View Replies ]

To: SeekAndFind

Pay off your mortgage (that was my second point)


36 posted on 03/12/2015 10:23:33 AM PDT by CIB-173RDABN (I do not doubt that our climate changes. I only doubt that anything man does has any effect.)
[ Post Reply | Private Reply | To 23 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson