Murder Your Mortgage in 7 Years Q&A

Gen Y Finance Guy Mortgage Snowball 29 Comments

Last month I published a post that detailed my strategy to pay down a 30 year mortgage that I only recently obtained last year. I will be the first to admit that it goes against the conventional wisdom and there have been two questions that have popped up consistently that I thought I would take some time to answer: Question 1: Why do you advocate paying down your mortgage and thus losing out on the tax savings from interest paid? This is a great question to very controversial advice depending on who you talk to. If you would have asked me a few years ago I would had said this was absolutely a mistake. But my thinking has changed over the years. There …