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Love him or hate him? Frugal homeowner, 30, gets TROLLED for boasting...
The Daily Mail ^ | 12-4-15 | Kiri Blakeley

Posted on 12/04/2015 11:29:58 AM PST by afraidfortherepublic

A 30-year-old man who has paid off his mortgage in three years has drawn not the admiration but the ire of the Internet.

Sean Cooper, a financial writer and pension analyst, worked three jobs and lived the life of a cheapskate for years while paying down the $255,000 mortgage on his $425,000 bungalow in Toronto, Canada.

Cooper was emotionally scarred after seeing his single mom almost lose their childhood home after she became unemployed in the aftermath of the dotcom crash in the early 2000s.

'I didn't want to be in that situation. I saw how tough it was on her,' he told CBC News.

Cooper had managed to save up $170,000 by working a long list of student jobs while in college and living at home (he claims he paid his mom $600 a month in rent).

Not too long after graduating, he put the downpayment down on the three-bedroom bungalow with basement apartment.

Determined not to be burdened with a mortgage like his mom, he worked his full time daytime job of being a pension analyst, and at nights he burned the midnight oil writing for financial outlets.

But that wasn't all. The staunch vegetarian also took a $13-an-hour job in the meat section of a local supermarket.

'It wasn't the most glamorous job but it helped me pay off my mortgage, so I can't complain,' he told CBC.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Canada; Culture/Society; News/Current Events
KEYWORDS: economy; frugality; hardworking; mortgage
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To: Tolerance Sucks Rocks

the politics of envy are far reaching indeed.


61 posted on 12/04/2015 2:23:06 PM PST by MeshugeMikey ("Never, Never, Never, Give Up," Winston Churchill ><> GO CRUZ!!!!)
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To: beelzepug
I’ve listened to Dave Ramsey for a long time. I came into a little money about ten years ago and combined with some other funds, I paid off my 30-year mortgage in thirteen years. What a wonderful feeling that was!

Congrats! We also paid our mortgage off. 33 year note in 16, including four or five years where my income was collapsing, I went back to school, changed careers, etc. At one point we were Ebay-ing all kinds of junk out of the attic to keep the house. Then, I landed my current job, and we poured it on, finished the last 1/2 of the debt in three and one half years. Puts a new meaning to PWNED!

62 posted on 12/04/2015 3:17:03 PM PST by Big Giant Head
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