Ahem--happy to share that we just paid off our mortgage 45 minutes ago.
Congratulations!.
So, are you telling anybody (besides us)?
Ahem--happy to share that we just paid off our mortgage 45 minutes ago.
Congratulations!.
So, are you telling anybody (besides us)?
Ahem--happy to share that we just paid off our mortgage 45 minutes ago.
Thanks, everyone. Just updated the budget spreadsheet and both DH and I are grinning ear to ear. Everyone's situation is different but for us this made so much sense at this point in our lives.
Good job.Ahem--happy to share that we just paid off our mortgage 45 minutes ago.
Bestwifeever said:Ahem--happy to share that we just paid off our mortgage 45 minutes ago.
Bestwifeever said:Thanks, everyone. Just updated the budget spreadsheet and both DH and I are grinning ear to ear. Everyone's situation is different but for us this made so much sense at this point in our lives.
I am going to have my mortgage paid off one year from now. I was planning on having a mortgage burning party and spend what I am now spending per month on my accelerated mortgage pay down. I thought my friends and family would be happy for me as it would be my last major step in achieving my goals. Plus, I simply like to party with friends!
Should your burn your mortgage when it is returned to you from the lender? My advice is to make sure a release of mortgage is recorded and keep the returned documents in a safe place. Burn a steak on the grill to celebrate the payoff of a mortgage instead.
All of my friends and family already know I am a bit obsessed with retiring early and thus saving money and getting out of debt are huge prioritites in my life. I talk about it all the time!
I am going to have my mortgage paid off one year from now. I was planning on having a mortgage burning party and spend what I am now spending per month on my accelerated mortgage pay down. I thought my friends and family would be happy for me as it would be my last major step in achieving my goals. Plus, I simply like to party with friends!
The responses on here are a bit surprising to me and have me second guessing my plans. It makes me question my real motivation for this party. In my head I was wanting to have the partying to celebrate an accomplishment with friends. I wonder if deep down, I am doing to just make it obvious that I have accomplished something almost nobody else I know has so far? Hmmmmm....
Ahem--happy to share that we just paid off our mortgage 45 minutes ago.
Ahem--happy to share that we just paid off our mortgage 45 minutes ago.
Do most of you live in the same house for 20 or 30 years, slowly paying off your mortgage? Then celebrate when it is paid off?
Do most of you live in the same house for 20 or 30 years, slowly paying off your mortgage? Then celebrate when it is paid off? Well, as they say in Indonesia, "different rice fields, different grasshoppers".
Do most of you live in the same house for 20 or 30 years, slowly paying off your mortgage? Then celebrate when it is paid off? Well, as they say in Indonesia, "different rice fields, different grasshoppers".
We ought to increase our repertoire of insect metaphors. I'm one of the ones who hates being in debt --- I believe others here are like that, but I don't know an appropriate insect. In my case, it's not really rational to dislike debt so much. I rented for a long time (couldn't afford to buy), putting some savings into securities, until I could manage to buy with just a 10 year mortgage. I don't think I could have faced 30 years in debt."different rice fields, different grasshoppers".
Am I the only one who moved every 5 years for some reason or another? I sold a house, grabbed the profit I made, and rolled over the tax basis for the old house into a new one. I had rental property too.