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[justanotherdrunk]

Originally Posted by Hamster

I prefer to pay off my mortgage debt before I even begin to consider buying any toys.

one of the most correct statements ever posted on the internet!

[Hamster]

+justanotherdrunk Thank you! Full disclosure: My real-life job is an accountant. Though I work in the public sector (government job), not for a tax firm or anything like that. Of course, I learned about how money works through the accounting and finance classes I had to take in college. Every dollar I spend now is a dollar that I can't invest, or a dollar that I'll have to pay interest on because I didn't use it to make extra principal payments on my mortgage. I bought my property in 2014, and I expect to have it paid off next year. That required a lot of sacrifice, but it was totally worth it. It's too bad there's so little financial literacy in this country. People spend so much of their hard-earned money on interest payments, and that's a real shame.

[Leegamer]

Originally Posted by justanotherdrunk

one of the most correct statements ever posted on the internet!

Agreed. I payed quite a bit extra every year towards my previous one and paid down about 30k in principle extra over 2.5 years. It really make a big difference.