Higher Mortgage Rates Mean Principal Repayment Has Slowed to a Crawl
I remember when I wrote my mortgage myths post, I pointed out that mortgages aren’t mostly interest. But I did so when mortgage rates were near record low levels, which may have skewed the answer. It’s true that for most of the past century, mortgages haven’t been mostly interest. More has gone toward principal repayment […]
How I Made $15 in 2 Hours Taking Surveys – Is It Worth It?
Have you ever wondered if you can actually make money taking online surveys? I decided to put one to the test and see if it’s worth my time. So, I spent two hours on Survey Junkie, taking paid online surveys, trying different strategies, redeeming my points, and cashing out. My results? I made $15 in… […]
The Only Reasons To Pay Off A Low-Interest-Rate Mortgage Early
Despite the wonderful peace of mind that comes with owning a home free and clear, deciding to pay off a low-interest rate mortgage early is not always straightforward. If your mortgage rate is low compared to risk-free investment returns, keeping the mortgage and investing excess cash elsewhere often makes more financial sense. What Is Considered […]