Comments on: Pay Down Your Mortgage With ‘Found’ Money

By: CK

CK — Mon, 08 Aug 2005 19:19:13 +0000

I agree with Jose remember; “debt elimination is NOT the same as wealth creation”

By: Jose Anes

Jose Anes — Thu, 26 May 2005 18:30:15 +0000

Although I see the reasoning for paying down your house, the interest you have is still preety low.
You would probably do better by using “found money” in better investments.

The goal of paying down the house is sweeet. But most people move from their home every 10 years or so. They don’t really have time to pay off the house.

Better save and invest the money on the side, earn a better rate of return, and when you have the full ammount to pay off the house, do so if you want to.

By: jim

jim — Thu, 19 May 2005 01:36:26 +0000

hey,
the comments preview code is part of the equix theme i have on my site, the comment include code is here:

http://www.noscope.com/downloa.....mments.txt

By: jim

jim — Thu, 19 May 2005 00:29:18 +0000

… website revenue.

By: FMF

FMF — Wed, 18 May 2005 13:31:26 +0000

A few other ideas:

*Income tax returns
*Work bonuses
*Gifts (birthdays, Christmas, etc.)