Originally Posted by
gsteinb
for flatballer's benefit I say
"what's a mortgage?"
We're going all in on paying off the house. My wife's checks go to that and we only live on my income. Should be 3 years. Its also forcing us to be a bit more frugal which is good for now, and even though my budget has extra that we can put away, I swear every damn month something comes up.
The other nice thing is we have enough air and hotel points for 2 vacations, which is really going to help because I don't think living on a fixed budget like this is sustainable (provided you have excess income).
We've been told by several people with our 3.25 interest rate that money should go into investments, but we'd rather have the debts paid off first.