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Cash vs Mortgage

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Old 10-11-2009, 08:00 AM
Tweety Bird Tweety Bird is offline
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Quote:
Originally Posted by Bryant View Post
If you listen to Suze Orman on Saturday nights at 9 pm, you will hear her consistently say "pay off the mortgage" especially if you are at or near retiring. You don't know what pitfalls are ahead (health, etc.), but at least you know you won't lose your house. Love that woman!
I felt it was important to pay the house off completely. This will be our only home. My husband had some serious health issues and if these health issues should resurface, our paid -off house can't be taken from us, but the investments can! In our case, paying off the house was the thing to do.
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  #17  
Old 10-12-2009, 09:39 PM
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Default Financial Peace

Debt is dumb. Cash is King."-Dave Ramsey "
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