An update
I am getting my mortgage refinanced to a lower rate which will help some and also getting the business refinanced to get my personal CD released!! Woohoo!
To those that have asked why I haven't paid the mortgage or more of the business debt off, I paid over 125K extra down on it last year and this year I have decided to add to my reserves. Part of it is the thought of how long it would take to build back up my reserves if I depleted them to pay of my debt, the other part has to do with how my wife views things and our/her spending habits. But believe me I have been paying it down a lot recently, just can't bring myself to strike a check for the entire amount an deplete my reserves to almost 0.
I am getting my mortgage refinanced to a lower rate which will help some and also getting the business refinanced to get my personal CD released!! Woohoo!
To those that have asked why I haven't paid the mortgage or more of the business debt off, I paid over 125K extra down on it last year and this year I have decided to add to my reserves. Part of it is the thought of how long it would take to build back up my reserves if I depleted them to pay of my debt, the other part has to do with how my wife views things and our/her spending habits. But believe me I have been paying it down a lot recently, just can't bring myself to strike a check for the entire amount an deplete my reserves to almost 0.
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