Have you ever wondered if you may have bought too much house after you moved in and settled? How to tell if you are house poor. I am going to discuss what it means to be house poor and ways to avoid becoming one. We bought a new house last year. It was way bigger and more expensive than our last 2 houses combined. Did we make the right decision? Are we at risk of becoming house poor? My sister’s...
If there’s extra money we’ll pay extra on our mortgage. Is that a good idea? Does pay off a mortgage early make sense? Should we pay off our mortgage first or invest extra money first? The more I think about it, the more complex it seems. I know, I want to get out of debt completely. Who doesn’t want to own our home free and clear…? Would it be amazing to not have a mortgage payment? Having to make a...
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