Extra cash.......Firecalc says just pay off the house

[Nords]

Quote:

Originally Posted by cardude Well, I actually am susceptible to boredom I'm finding out. I never thought I would get board when I quit, but it's already happening to me. To compound that, I'm already constantly looking around for new businesses to start and have even contemplated getting back into the car business. So, there is that temptation that I need to squash, or at least sweep under the bed for now. Paying off the house and locking that cash up would take away the means to do something stoooopid.

Here's a Google Preview link to Ernie Zelinski's "Get-A-Life Tree" from "The Joy of Not Working". The diagram starts on page 111:

The Joy of Not Working: A Book for ... - Google Books

[Amethyst]

A riff on Nords's tune: I would be cautious about paying off the house all at once. How about making double mortgage payments. It will knock down the principal at a nice rate that you can track, you can be pleased about the interest you will be saving, and you can always go back to regular payments if you think of something better to do with your cash.

Now as for boredom: you've probably noticed that topic has been done to death also, but nobody seems to get tired of discussing it which is why one of the most popular threads is "What did you do today?"

...I hear the cars calling you...beep beep...you miss us, cardude...you know you do...beeeeeep....