Mine too (sigh)
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I paid my house off in January. My wallet is better prepared for the onslaught it’s been suffering through as of late.
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That’s huge, congrats, Trever!
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Congrats! That’s my dream for next year.
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Tis a good thing my friend!
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Can someone explain why they want to pay off cheap debt when the market is so good?
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100% equity,…. No mortgage payment….
In my case that frees up $2200 per month, and gives me over half a million in liquid assets.
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Perhaps, but assets that aren’t likely keeping pace with other investments. I’m the opposite. I took all of the money out of the house when mortgages were 2% and have been 20-30% a year in the market. Just basic math.
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My insurance is $15,000 a year with a mortgage. I can drop it to about $2,500 without a mortgage. All I’d be dropping is wind damage. My house has survived direct hurricane hits since 1972. I am comfortable being self insured.
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Honestly, in Florida, being self insured can usually make the most sense. My neighbor has a river house, and it can flood. It’s cheaper for him to rip out some drywall and cabinets/appliances once or twice than it is to pay the $10,000 a year in flood insurance, then go through the hassles of trying to get claims approved and paid. When Helene/Milton hit, he had his house back together and ready to occupy before other people even had claims approved, and he’s still money ahead.
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There are pros and cons, it depends on whether one’s a risk-taker or not.
Like when Obummer Care became law, I chose to pay least amount of insurance with high deductible.
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I took an extremely high monthly house payment so I could pay it off in 4 years…it’s like having a ball and chain removed.
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You guys are nuts. You want to die with high credit balances, not no credit.
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Huh,I’ve got more credit now than I ever have. I may be nuts, but leaving my family a bill to pay off if something happens to me,ain’t my master plan.
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No, I want to die with ZERO credit balances and LOADS of assets to leave to my children.
If I had no next generation to think about, I’d waste all my cash on hookers and blow and go out in a blaze of glory!
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(insert Hunter Biden joke here)
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All very strange. My dad thinks like you guys…but his $1 is still worth $1 instead of a hundred if he invested it his whole life.
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As I’ve gotten older, I’ve become more aware of how much my body feels the effects of past experiences. Before my injury, I trained in Muay Thai and Jiu-Jitsu, but these days I focus on different activities that better support my physical well-being. I enjoy playing guitar and other musical instruments, swimming, weight training, and doing low-impact cardio such as cycling and using the elliptical. I also have a passion for shooting and plan to participate in various competitions in the near future.
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That’s 
how I roll baby! Send in da Hookas! and Chivas! Then when I get good and broke I’ll turn GAY and run for Office here! (I’ll be a shoe-in!) People here Love Love Love a Politician with a rap sheet and history of Dirty Deeds done dirt Cheap…murmuring’ dirty deeds done dirt cheap 
yaaaaaaaaaaaaaaaaaaaaaaaah!
I collected Autographs for (20) years —amassed a large bunch of Hollyweird stars, (20) or so STAN LEE’S, Daniel Craig’s . Baseballs Micky Mantle, Whitey Ford, Jeter, Ryan etc. Do you know how many Guns I could have by now? Sheesh!
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We’ve been pretty much debt free for many years now, taxes and crap like that excluded. It’s actually pretty comfortable.
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