The Mortgage Snowball Strategy: Pay Your Mortgage Off In 5-7 Years

Gen Y Finance Guy Mortgage Snowball 82 Comments

In a previous post, I mentioned that I had recently become debt-free outside of the mortgages on my primary residence and investment condo. In that blog post, I announced an outrageous goal of paying off the mortgage on my primary residence in 7.5 years. I gave you the Cliff Notes version there of the strategy I devised to accomplish this big, hairy, and audacious goal. In this post, I want to expand upon the thinking and get more granular on the strategy. My hope is that by the end of this post you will realize that this strategy is easy and anyone can follow it…even though most won’t. Only those truly hot in pursuit of financial independence will have the discipline and …

New Year, New Me

Get Your Goals Ready and Let’s Make 2015 Epic

Gen Y Finance Guy Goal Setting 2 Comments

I have been ranting and raving about how EPIC 2015 is going to be. I am going into 2015 more prepared and more ambitious than any other new year. A lot of changes happened in 2014 for me and I want to keep that SNOW BALL MOMENTUM going. If you have not already done so, I urge you to take some time and set some goals for 2015. And then share them with the world. You may be asking yourself why I (or YOU for that matter) would share my goals with the world? You may have thoughts of what if I fail? What if people say I can’t do it? The reason you share your goals is for accountability. It is …