HOW I PAID OFF MY $400K MORTGAGE EARLY IN 6 YEARS AND HOW YOU CAN TOO
Paid off mortgage in 6.5 years, now debt-free, own home and car. Solid finances, flexibility, and happiness soaring. Cash flowing in, life transformed!
Set your repayments higher and make them automatic. This is THE most critical thing you need to be doing. You can scheme, wrangle and fiddle around with a million things for years.
The single biggest thing I learned is to ignore virtually all the “experts” tips and instead focus all your effort on finding ALL available extra money.
And pushing that to the mortgage. I’m not talking about that once off $2,000 bonus or tax return or whatever, I’m talking about looking at your income and setting up an automatic,
Think $1,000, $2,000, $4,000 on top of your normal mortgage payment every fortnight. How you get that extra money is something I cover in detail at Mutilate The Mortgage.
but for now I’d just like to focus on the mortgage part.
Optimize mortgage payoff: Set up recurring payments in your online banking. Consistent cash for financial freedom.