Posted 01/05/2010
Should I Pay Off My Mortgage? Part 1
Financial advisors disagree
By Deborah Hoskins, JD, CFP
Many people think that the Holy Grail of financial fitness is to be debt free as soon as possible. They’ve paid off all their credit card debt (bravo!), and they buy new cars with cash (excellent idea!). The last thing to go is the mortgage. They have some extra cash from an inheritance or another windfall and are tempted to just pay the thing off and be done with debt forever. But is this the best use of extra cash? Read More >>
