Month: September 2019

Sep 24

Should I pay off my mortgage quickly?

There is good and bed debt.  In general, good debt:a) has lower interest ratesb) is tax deductible, andc) is used to purchase assets/investments that appreciate over time and has cashflow Bad debt consumes your life.  It has:a) high rates (think credit cards ~20%)b) is not tax deductible, and c) the purchase depreciates over time and/or […]