For a few reasons, I would pay off the mortgage. One, is long term budget relief. Two, a windfall provides the opportunity to cross a significant life threshold. Three, the behavioral aspect- taking some chips off of the table.
I will spare you the story but I was in a position to buy a house for cash in October 1987 and kept my chips on the table and lost almost all of it.
Congrats.
I will spare you the story but I was in a position to buy a house for cash in October 1987 and kept my chips on the table and lost almost all of it.
Congrats.
Statistics: Posted by WhyNotUs — Wed Apr 24, 2024 7:56 am — Replies 7 — Views 607