Want that mortgage gone?
Start making money instead of paying interest. Get that mortgage gone and put your money to better use with these 5 strategies:
- Boost your monthly payment – $50 bucks now is thousands later.
- Throw large lump sums at it whenever you get the chance (i.e. tax refund or windfall) – the sooner the better – large sums applied to your principal will lower your interest rates.
- If you get a raise, so should your mortgage – if you pretend your income never changed now, you’ll be that much richer for it later.
- Pay twice a month instead of once – quite simply this will drastically increase the speed you pay off your mortgage.
- Pay attention – Don’t just set your mortgage on cruise control. If you do, you’ll miss opportunities to pay it off faster.
Want that mortgage gone? Don’t hesitate, contact me today.